Business Finance Solutions

asked:

According to a new bizjournal study, Charlotte and Raleigh, NC, are two of the best U.S. cities for small business prosperity.

The study looked at U.S. cities’ performances in four key areas; population, employment, small business growth and small business concentration, to determine which cities provide the best environments for small businesses.

Based on the survey, both Raleigh and Charlotte excel in all four areas.  This is not a new accomplishment for these two cities which also faired extremely well on NPRCs list in 2006 of “Hot Cities for Entrepreneurs,” landing the numbers two and three spots.

If you currently own a small business in one (or both) of these two cities, consider yourself lucky.  Furthermore, if you have owned your business for at least 6 months and you process a minimum of $5,000 in monthly credit card sales, consider yourself even luckier, because you could be eligible for an alternative method of business financing – the business cash advance.
Arizona merchant card advance
Arizona merchant credit card
Arizona merchant card services
Arizona business cash advance
Small Business Bad Credit

asked:

Quite often, I hear from distressed borrowers who want to settle their debt. In some cases settling is possible, in some cases its not. The purpose of this article is to explain three key elements that must be present in order for a business to have a chance to settle their SBA debt. Please keep I mind that this is NOT an exhaustive list.

1) The business must have ceased operations. This means that you’ve closed your doors for good, or you have sold the business to a non-affiliated third party. The reason that the SBA wants the business to have ceased operations is to ensure borrowers don’t continue to benefit financially after the SBA and the lender have taken a loss.

Minnesota financing small business loan
Minnesota business loans for small business
Mississippi small business loan
Mississippi small business loans
Finance Of A Business

asked:

When an organization wants to purchase assets they sometimes choose to lease assets rather than buy them out right.  This type of financing offers many advantages to an organization, but they should keep in mind how the proposed lease will affect their overall financial position.  The two kinds of leases that an organization can choose from is an operating lease or a capital lease.  Both of these leases will in effect provide financing in order to acquire an asset, but the effects of each are accounted for differently and are reflected differently in organization’s financial statements.

An operating lease is the straightest forward of the two.  The lessee (the organization) makes an agreement with the lessor (seller of the asset) for the use of an asset.  Basically the organization is renting the asset with an installment payment (which usually includes interest) with intentions to return the asset when the lease ends.  An example of an asset that would be commonly financed with an operating lease is new technology.  Because technology is going to change, it is often better to lease the asset rather than commit large sums of an origination’s capital to an asset that is going to need to be upgraded every couple of years.  The accounting for operating leases is quite simple.  Because an organization does not own the asset, it is not recorded on the firm’s balance sheet.  The only effect that an operating lease has on organization’s financial statements is the lease payments will appear as an operating expense on the entity’s income statement. Since an operating lease is not recorded on the balance sheet, it is sometimes referred to as off balance sheet financing.  The main advantage of an operating lease is that the organization can use the asset without the usual attributes of ownership (i.e. the liability that would come with financing an asset and the depreciation expense that would come with an owned asset).  Another advantage of an operating lease is that since it is not treated as a liability the organization will maintain their current access to capital.  That is because the lease payments are not treated as debt and this helps the organization to maintain their current debt capacity.  Thus the organization is able to use the asset to produce revenue, and is able to maintain its current access to the capital markets through debt.

USA commercial equipment lease
USA equipment leases
equipment leasing USA
equipment lease USA
Operating And Capital Leases