How Trucking Companies Take Advantage of Invoice Factoring

One way a small business, including trucking companies, can secure financing relatively quickly is through invoice factoring. If there is certainty that money will be coming in because of outstanding invoices, a truck company owner is able to guarantee repayment. Invoices give a business leverage and inspire confidence among potential lenders. The business owner might have truck orders that have been delivered but still need to be paid, and is able to show these invoices and borrow against them. The advantage of invoice factoring as a form of financing is that it can be secured quickly and there is visibility…

Everything You Need To Know About Startup Business Loans

Startup business loans are not always easy to obtain. Many lenders simply don’t want to take on the kind of risks associated with a new business. Small Business Administration (SBA) loans can be used to help lenders qualify loans to small businesses as the government will guarantee a portion of the loans. However, just because a loan is guaranteed by the SBA does not automatically qualify a business for a loan with the lender. Many lenders that participate in SBA loan guarantees maintain a preferred status. This means that the majority of businesses that they loan money to will pay…

Why You Should or Shouldn’t Be Using Small Business Credit Cards

If you are a small business owner, you are going to eventually be faced with a decision regarding the use of small business credit cards. Unless your cash flow situation is strong, you will probably want to limit the use of credit cards as much as possible. But there are simply too many situations in which not having access to quick credit via the use of cards will arise. If you are on a business trip and want to rent a car, you will find it very difficult to do without a credit card. There are other benefits to having…

Rockfish Funding, LLC Obtains $5-Million CMBS Conduit Loan for Dover Downs Shopping Center, a Retail Power Center in Dover, DE

Rockfish Funding, LLC. has arranged a $5,000,000 CMBS conduit loan for the refinance of Dover Downs Shopping Center, a 95,717-square-foot power center located at 1165 North DuPont Highway (Route 13) in Dover, Delaware. Route 13 is the primary retail/commercial corridor serving Dover, the second-largest city in Delaware with a population of approximately 37,000 and growing. The center was constructed in 1993 and is 100% occupied. The property is anchored by Best Buy, Michaels and Ashley Furniture. The loan refinanced an existing CMBS conduit loan that was scheduled to mature in…

Rockfish Funding, LLC Obtains $9-Million CMBS Conduit Loan for Tally Ho Shopping Center in Wilmington, DE

Rockfish Funding, LLC has arranged a $9,000,000 CMBS conduit loan for the refinance of Tally Ho Shopping Center, a 25,100-square-foot neighborhood shopping center anchored by a Bank of America banking center that is leased until 2030. The property is located at the corner of Naamans Road and Concord Pike in Wilmington, Delaware, a heavily trafficked intersection in the Brandywine section of Wilmington. The center is 100% leased to ten tenants, some of which have been located in the center for over 20 years. The transaction refinanced a maturing CMBS conduit loan that…

Become A Real Estate Negotiating Rock Star With These Tips

Negotiating the price of real estate can be very intimidating. It isn’t something that comes natural to most people. We don’t negotiate prices in day-to-day transactions. However, when it comes to property, things are different. Prices have to be negotiated. The good news is it is a learnable skill. You just need to learn a few things so you can become the best negotiator possible. To be good at it, you need to understand that the basic goal here isn’t to win. If you look at it as a win-lose task, you may never feel good with any outcome. The…

Options For Financing Business Solutions

Whether you’re buying an existing operation or starting something new, financing business solutions are available to ensure that what you started can sustain itself, at least until your little slice of empire becomes self-sufficient. Consider some key expenses that merit your attention.   Property Having the needed space to operate is often one of the biggest expenses you will need to consider. If you’re buying, you’ll need to account for the capital needed to purchase land or a building. Even with a long-term commercial loan, items like closing costs and down payment will need to be covered. If clients will visit your…

Become A Real Estate Negotiating Rock Star With These Tips

Negotiating the price of real estate can be very intimidating. It isn’t something that comes natural to most people. We don’t negotiate prices in day-to-day transactions. However, when it comes to property, things are different. Prices have to be negotiated. The good news is it is a learnable skill. You just need to learn a few things so you can become the best negotiator possible. (more…)

6 Major Benefits of Asset Based Lending

An asset based loan is a loan where you borrow against your assets. Generally, you just borrow what you need when you need it, so it is similar to a line of credit in how it works. However, asset based lending has some distinct benefits that other types of financing doesn’t. (more…)