The Financier’s Post

Why is it important to register your business? 1. Business Corporate Identity - Once you have registered your business with the name of your choice you can now design your logo, letterhead, business cards, website, create a business social media accounts with out anyone else copying your materials. 2. Establishing a Business Account - you need to register your business properly for you to open a business account. The bank account is an asset to the business. It separate your personal activities from your business operations. It also build trust when your clients want to pay for services clients feel safer paying in a business account than personal accounts. 3. Business Loan and Investors - You can not qualify for bank loans nor investors will not be willing to invest if the business not registered no business bank account and being run as a personal property. Once your business is registered it shows to the bank and investors that you are serious with your business. 4. Suppliers - Once you register your business you will qualify to open accounts with suppliers with a very good discount. Also if you would like to secure contracts to deliver goods to parastatals or governments company registration is one of the requirements. We offer free consultation should you want to know more about how to grow your business and manage it in a corporate way do not hesitate to contact us. " We care for your business growth" Call our Consultants today: +264814391422

Combining a seller note with an SBA loan to fund a small business purchase transaction isn't just about the buyer. It benefits the seller, too. Here are two benefits for both the buyer and seller: For the buyer: 1. More affordable financing:  Adding a seller note to an SBA loan can help reduce the upfront money a buyer needs to raise, making the overall transaction more affordable. 2. Improved chances of approval:  SBA loans can be difficult to secure on their own, but adding a seller note as an additional equity injection can help improve a buyer's approval chances. For the seller: 1. Potential tax advantages:  Deferred payment on the sale of the business can help spread out tax liabilities, providing financial benefits to sellers over time. 2. Ongoing income stream:  A seller note can provide a predictable and reliable income stream for the seller, as the buyer typically pays the note back over time with interest. Combining an SBA loan with a seller note uniquely benefits the buyer and seller. It's a win-win financing option worth exploring for anyone looking to buy or sell a small business. Follow or DM me to learn more.   -Deb Curtis

There are only two ways to obtain business financing: One is by using your social security number and your personal FICO score to personally secure every business loan. The other is to use your business credit rating and get financing without having to personally guarantee every loan. There are over 500,000 vendors in the U.S. that will extend trade credit to your business. But there are only 5,000 that will report your business credit history to the credit reporting agencies. Make sure you do business with vendors who report.

🚀✨ Unlock Your Business Potential with a Business Loan! ✨🚀 Are you dreaming big for your business? A business loan could be the key to turning those dreams into reality. 🌟 Imagine expanding your business, purchasing new equipment, hiring more staff, or launching an innovative marketing campaign. 📈💼 Here’s how a business loan can help: 1. **Fuel Growth**: Expand your operations and reach new markets. 📍🌍 2. **Boost Your

How to Sell Business Equipment? If your business equipment is worth less than what you owe them, your creditor may still allow you to sell the items with all the proceeds going to them. This is especially common if your loan for the business equipment was a Small Business Administration (SBA) loan that is guaranteed by the federal government. In that case, your creditor will have a few extra steps that will need to be done before the business equipment is sold. 

Avoid taking loans when you're starting a business! Please At the very least before thinking about loans, reach a point where you can calculate the ROI for your business. Loans can then become very useful. Usually depends on the product or the type of business you want loan for, but getting a loan to start out without a solid product-market fit (PMF) often leads to poor decisions that can be avoided. Running a company is inherently stressful; adding the burden of a loan can increase that stress & eventually decreasing productivity.

What qualifies me to educate business owners on business credit? I financed vehicles for business owners at the Chevrolet dealership that I worked at. We financed them in many cases without having to use any personal information and no personal guarantees. How? Business credit and decent financials. Don't let anyone tell you that business credit won't get you vehicles and equipment without a personal guarantee. I see it and help business owners with this every day. The ones who tell you this isn't possible are either completely unfamiliar with this world or are too busy counting their own $$ and won't do what is right for their customer. Likewise, don't let anyone tell you that business credit doesn't exist simply because they're unfamiliar with it or have never used it themselves. I have so many examples of being able to acquire vehicles and heavy equipment with business credit that I can debunk anyone who says otherwise, that is what qualifies me for what I do. And one last note: Business Credit IS NOT business credit cards or business funding or business lines of credit. These are very separate things and are only related in the context of approvals.

When it comes to acquiring equipment for your business, choosing between equipment loans and equipment leasing is a common dilemma. Many prefer equipment loans because they end up owning the assets outright once the payments are completed. This means no ongoing payments and complete control over the equipment. However, the downside is that you often need a significant upfront investment, usually a down payment, and the financial burden of monthly repayments can strain cash flow. On the flip side, leasing equipment is attractive for those who want lower immediate costs and more flexibility. Leasing typically means less cash upfront and predictable monthly expenses. That said, the major con is that you don’t own the equipment at the end of the lease, which can create long-term costs if you continually lease. A balanced approach could be hybrid financing, where you finance some equipment through loans and others via leasing. This allows you to own critical assets while also maintaining flexibility for items that may need frequent upgrades. To adopt this middle path: 1. Assess your equipment needs and determine which assets will benefit from ownership. 2. Evaluate your cash flow situation to decide how much you can allocate for down payments versus monthly lease payments. 3. Consult with a financing expert to tailor solutions that align with your business objectives. Finding that equilibrium can optimize your asset strategy while managing financial health effectively. 💼🔧

💪Transform your vision into reality! A business loan can be the catalyst that ignites your business growth 💥 It can empower you to invest in new equipment🔧, expand to new locales 🌐, hire a game-changing team👫, stock-up inventory📦 or even give your marketing a boost!💡Remember, every big business was once small💼. Dare to dream big and let a business loan propel you on your journey to success 🌈 #EmpowerYourBusiness #DreamBig #BusinessGrowth 🚀✨

What Is Purchase Order Financing and Can it Benefit Your Business?