What are the differences between traditional bank loans and alternative financing options, such as commercial mortgage-backed securities (CMBS) or private equity financing? The difference between traditional bank loans, SBA loans, 0% interest credit cards, and private equity loans, mezzanine loans is very simple. It all just a function of the cost of capital and what you're putting up as collateral. In order words - just measure the pricing and what you stand to lose in the event of a default
Loancater
Financial Services
New York, New York 100 followers
Locate the business loan that caters to you today
About us
Locate your business loan that caters to you today! Please reach our support team at https://shorturl.at/atCER
- Website
-
Loancater.com
External link for Loancater
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2023
Locations
-
Primary
New York, New York 10022, US
Employees at Loancater
Updates
-
Here’s why the banks are so eager to lend SBA money. Whenever a SBA loan goes bad the government covers 75% of the principal borrowed amount. That means the bank doesn’t have to worry about REO or selling the collateral to cover the loan. They get 75% of the lending amount covered and it allows them to keep lending while having their downside protected.
-
-
What are the typical credit requirements for high-limit 0% APR business credit cards? The typical requirements for 0% interest credit lines are - 680+ credit - 5 or less inquiries - 15% or under utilization - No missing payment history Typically if you have these 4 things the bank will give you an auto approval. If the amount you request is over 150k it will require financials.
-
How can I leverage a 0% APR business credit card to improve my business’s financial health? You can use 0% credit to offset the debt inside your business by getting cash out of these cards without having to pay interest the first year. The way you get cashout is very simple - get a credit processor with a different entity than your card with a different owner to process the funds for you.
-
300k funded at over 12 months for a Security Screen Business in Las Vegas, Nevada. This was a renewal, we previously provided the client with 500k Apply here at: https://lnkd.in/dvvf35A6 #Funded #MCA #BusinessLoan #BusinessFinancing #Cash #BusinessOwners
-
-
50k funded at 0% interest over 12 months for Immigration business in Greenville, Pennsylvania This allowed the client to allocate some funds into marketing and operation cost. Apply today at https://lnkd.in/dvvf35A6 #Funded #CreditCards #CreditScore #Financing #SmallBusiness
-
-
How do I track and manage expenses on a 0% APR business credit card? Always track your 0% APR business credit card balance through the bank app and then put it on your balance sheet books. That way you aren’t caught off guard when the balloon payment is due and you don’t garner any missing payment that will prevent you from borrowing in the future.
-
Making a choice between multiple lenders or applying for a loan? Always weigh your options out. Here’s a free template you can use: https://lnkd.in/g7Ak7w8C
-
-
What are the best practices for maintaining good credit standing with 0% APR business credit cards? Here are some good practices to maintain when getting and using your 0% credit business cards. 1. Keep you personal credit usage at a minimum 2. Always make your minimum payment (common sense) 3. Be aware of the upcoming balloon payment by using a balance sheet to track it.
-
25k funded for a Lawn & Landscaping Company in Mount Pleasant, Wisconsin This was funded within 48 hours, allowing the client to roll out some ads! #Funded #BusinessFinancing #Wisconsin #48hrs #Loans #SmallBusiness
-