Soundview Lending Group Blog
Your source for lending insight.
Preparing Your Business for a Tightening Economy
While businesses can make some moves to prepare for downturns, the truth is that sooner or later those who are not prepared have a much greater chance of failing than those who learn to roll with the punches and are ready for them. With that in mind, here are some ways to prepare for the upcoming economy.
Planning for Economic Renewal: How to Evaluate Your Capital Needs for 2021
As we close out the calendar year, many business leaders, analysts and entrepreneurs are beginning to plan for what we all hope will be a fresh season of economic renewal in 2021. Do you have the capital you need to make the new year your best yet? Here are some tips for evaluating your capital and ensuring you have enough to thrive in 2021.
How to Maintain Financial Flexibility for Business in 2021
How will your business adapt to the challenges of 2021? Here are some tips to help you start preparing now for a more successful year.
Your Guide to Debt Service Coverage Ratios and Business Lending
As a business owner, you have to be obsessive about the amount of money your company is making. Ideally, your profit margin will be high, meaning you earn far more than you spend, which is known as positive cash flow. It can make a significant difference in your operational capabilities.
What Does a Biden Presidency Mean for Small to Medium-Sized Businesses?
With Joe Biden assuming the presidency next January, you might be wondering how the political shift will impact your business, here\’s what you need to know.
Business Lending: How to Keep Your Company Afloat
As a small business owner, you have many challenges to face every day. One of the most significant is ensuring that your company is financially stable. Unfortunately, while you may recognize the importance of being profitable, the current climate has made it increasingly challenging to navigate the marketplace. For many businesses that have previously tightened the belt during difficult times, borrowing to move through to better times has become a necessity, but not all loans are the same.
Which Industries do Commercial Loan Brokers Serve
Getting financing for your business is one of the most crucial ways to stay afloat. However, working with traditional banks and lenders can be challenging, particularly if your company is new. Instead, it is far better to work with a certified commercial loan broker.
Your Guide to Equipment Financing
No matter what kind of business you have, chances are that you rely on equipment to serve your customers. Whether it’s managing a fleet of vehicles to deliver products or services, high-end machinery or restaurant equipment, these items can make or break your bottom line.
Why You Should Take Your Business to a Loan Broker
As a small business owner, sometimes it seems like you have the weight of the world on your shoulders. You have decisions to make about every single aspect of your company, and each one can eventually make or break the future of your business.
How Alternative Lending Has Become the Norm for Small Businesses
In this article, we are going to look at the current state of alternative lending. Why it has become vital, and where is the industry headed in the near future?