What if you could significantly reduce your operating costs? Then imagine if you could attract a new wave of environmentally
American Credit® helped a Georgia-based wholesale food company secure an unsecured term loan with no prepayment penalty. Challenges: The client
American Credit® helped a Maryland-based landscaping company secure two John Deere tractors for their business. Challenges: Credit score and volatile
Financial markets have lowered expectations of a March Fed rate cut, but signs of economic resilience persist. Growth, earnings, and stocks still have room to run even without abrupt policy easing.
The declaration and signature confirm business owners' consent, granting the lender access to their credit profiles. These aren't just formalities but legal commitments, enhancing loan security and trust-building.
Asset-based lending relies on collateral value. Understand how orderly liquidation value, forced liquidation value, and fair market value differ. Tips to optimize equipment collateral through maintenance, customization, upgrades, and maximizing demand can help secure top loan amounts and terms.
Proof of full ownership is critical for asset-based lending. Borrowers should properly document collateral ownership through titles, paid invoices, purchase records, and UCC searches. This demonstrates credibility and expedites the lending process.
Navigate the world of small business financing with confidence through our comprehensive guide to SBA Express Loans. Discover the unique advantages, eligibility criteria, and step-by-step application process.
American Credit® Secured $224,000 in Equipment Financing for Georgia Construction & Building Contractor
Expert Outlooks Turning Brighter: Risks Remain for 2024 Economy Forecasts for the U.S. economy have turned decidedly more positive,
Explore the dynamic landscape of small business regulations in 2024. Uncover strategic insights on adapting to economic shifts, navigating legal frameworks, and implementing compliance solutions for sustained growth.
Fuel Your Small Business Growth with Equipment Financing: Learn How to Avoid the Top Mistakes and Secure Success. Don't Miss Our Expert Tips and Insights to Thrive!
American Credit, a leading asset-based lender, has funded a $493,500 commercial real estate (CRE) funding for a Long Island, New York-based com.
Understanding the reasons behind the need for collateral, the differing perceptions of lenders and borrowers, the process of collateral evaluation, and the roles of various parties involved can empower SMBs to navigate the lending process more confidently and effectively.
Learn how equipment leasing works and why it may be a smart financing solution for small businesses.
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