Funding For Businesses – Get What You Need Quickly and Simply

The first question you need to answer involves why you need financing in the first place.  If it’s to pay bills for the month because you’re short on cash for the moment, then a business loan may not be the best way to go.  In that situation, an unsecured business line of credit will make a lot more sense for the most part.  If you’re looking to purchase or rent new workspace, or you’re looking to hire new people or augment your equipment or inventory to boost sales, that may be a better time to look into a business loan. 

This may seem like an obvious question to answer, but that isn’t always the case.  Financing for businesses doesn’t ever just involve right now, but instead involves next week, next month and next year.  If you’re planning on using as much cash on-hand as possible to fund your current need, then where is that cash coming from?  Is it going to be replenished before you need that cash for something else?  You need to decide on that before you finalize the amount you’re going to look to borrow from a business loan so you’re not caught short again in the future.

Financing for small businesses can usually be obtained relatively quickly, depending on whom you work with to secure it, but even small differences can make a huge difference in terms of your operation.  If you need money in a few days as opposed to next month or next quarter, you’re going to need to look at different options than you would if you need money in four months, where an SBA loan could be an option because those loans can take months to complete.  Define your timeframe as accurately as possible.

When it comes to financing for small businesses, there’s an amount that owners may be able to afford based on standard equations and the balance sheet, and then there’s the amount that a small business can afford in reality.  Anyone who has run a business understands this overlooked but critical difference.  You need to “plan for the worst and hope for the best,” as the old saying goes, so when deciding what you can afford, assume certain things are not going to go your way so you’re ready to handle those things that would otherwise surprise you.

This may be the most important question of all.  Financing for businesses is in itself a big business, and you’re going to encounter a lot of different salespeople and sales techniques when you put feelers out for a business loan.  You’re going to hear a lot of promises and a whole lot of what you want to hear, but not necessarily what you need to hear.  That’s not fair to you, and it’s not healthy for your business.  That’s why you need to work with a company that understands the reality of running a growing business, that has a long track record of successful client relationships and that’s going to steer you in the proper direction, regardless of where that goes when it comes to funding for businesses of any size.

That trusted partner is Plush Funding.  We’ve helped thousands of businesses large and small secure the funding they needed, and we always start with and work towards just that – what they need.  We’re not interested in selling you anything, and when we learn what you need, we provide you funding that’s fast, open and completely devoid of any surprises.  The last thing you need right now is to wonder about how your financing is going to work – you need to focus on your core mission.  Just fill out the short form on this page and we’ll take care of the rest.