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What Every Business Owner Needs to Know About Section 179 & Business Equipment

By | 2017-11-14T17:12:31+00:00 November 14th, 2017|Resource Center, Small Business Programs, Tips|

Yes, what you’ve heard is true: you may be able to save a third—33%—on the cost of a capital equipment investment by taking advantage of the Section 179 tax deduction. Now, if you’re like most business owners, you’re probably being besieged with marketing communications that encourage you to make your Section 179 purchase by the [...]

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LendSpark Announces Interest Forgiveness Offering For Business Owners

By | 2017-09-06T23:42:39+00:00 September 6th, 2017|Tips|

- Company bucks trend by alternative financing rivals to provide program to qualified companies - Carlsbad, CA - September 7, 2017 – LendSpark, providers of equipment financing and alternative business loans to help companies grow over the long term, announced today the launch of its Interest Forgiveness business loan offering. The program provides qualified applicants up [...]

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CEO Todd Stichler in California CEO

By | 2017-09-02T05:13:18+00:00 August 30th, 2017|Resource Center, Tips|

Take a look at this article our Founder got published in this prominent media outlet. Before Applying, Ask The Business Lender Five Questions As a former small business owner of a large professional services firm, I know first hand the dozens of daily postcards, emails, text message and phone calls a CEO or business owner [...]

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The True Cost Of Working Capital Loans – It Could Be Your Company

By | 2017-08-15T14:01:46+00:00 August 15th, 2017|Resource Center, Tips|

By Todd Stichler I’ve been there. I know what it means to own a company that’s operating hand to mouth. More to the point, I understand what it means for a CEO to view their bank accounts and not know if they can make the next payroll. Panic ensues. At just about that time, an [...]

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Before Applying, Ask The Business Lender Five Questions

By | 2017-08-01T05:46:44+00:00 August 1st, 2017|Resource Center, Tips|

By Todd Stichler As a former small business owner of a large professional services firm, I know first hand the dozens of daily postcards, emails, text message and phone calls a CEO or business owner receives each week from “alternative financing” companies offering quick and, in many cases, much-needed working capital. These organizations do so [...]

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Small Business Loans: How to Turn $100,000 Revenue into $1,000,000

By | 2017-03-22T04:10:47+00:00 March 13th, 2017|Small Business Programs|

Read how a small cement mixing and delivery company managed to fulfill an influx of 20 new contracts.  When three experienced concrete mixing and delivery professionals left their employer to start their own business, they worked tirelessly (and sometimes at a loss) to find their first few clients. In business for too short of a [...]

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Make 2017 the Year You Build Business Credit

By | 2017-02-21T19:38:59+00:00 January 4th, 2017|Tips|

Excellent business credit fuels success in a number of ways. First, it qualifies you to take out a business line of credit and loans, both of which even out the fluctuations of small business income. Start-ups, with their uncertain cash flows, can be particularly dependent on lines of credit. When you build business credit, inevitable [...]

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7 Steps to Optimize & Organize Business Finances as 2017 Begins

By | 2017-01-03T23:17:55+00:00 January 3rd, 2017|Tips|

Until owners takes steps to organize business finances, they exist in limbo, uncertain of whether to capture opportunities that arise or buy needed equipment or inventory. Here at LendSpark, we see too many business owners who can’t tell us what their expenses or cost of goods were for the previous year. Some still use old fashioned [...]

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Business Loans Projected to Surge 50% by 2020: What’s in It for Small Business?

By | 2017-02-06T23:43:54+00:00 December 31st, 2016|Small Business Programs, Tips, Uncategorized|

Finally! Seven years after the start of the Great Recession, lenders are loosening requirements and lending to businesses both large and small. Loan approval rates at institutional lenders rose to all-time high of 63.1% in October 2016, the fourth consecutive month of improvements. The small business loan is getting easier to win because lenders find [...]

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Small Businesses Must Be Cautious in the Alternative Lending Market

By | 2016-12-16T03:26:08+00:00 December 9th, 2014|Resource Center, Tips|

With the amazing growth in the non-bank, alternative lending market, there is a question being heard over and over - “Who is protecting the small business owner from predatory business practices and outrageous interest costs?” The real answer is no one.   As a small business owner, you – and only you – must determine [...]