Private lending has long stepped in when traditional banks tighten their criteria or fail to meet borrowers’ needs. From the Great Depression to the 1990s banking crisis, private lenders have provided crucial financing during economic downturns. Yet, many...
The hospitality industry has seen a surge in growth in the past several years, bouncing back rapidly from 2020 setbacks. As we go into 2025 relaxed interest rates are prompting investment in hotel, resort, and spa renovations. Hotel Dive writes that strong urban...
Has your business ever been turned down for a loan, leaving you wondering what went wrong? Creditors are required to provide a written explanation for their decision, but their reasoning isn’t always clear. As a business owner, understanding the underwriting process...
Insufficient cash flow is the leading cause of small business failure within the first five years. For distributors, cash flow ensures trucks remain on the road. Manufacturers depend on it to maintain stock levels of materials and supplies. In the medical industry, it...
As 2025 approaches, economic uncertainty looms large. Whether due to new policies or market shifts, businesses must remain agile to navigate unexpected changes. Traditional financing methods can also be slow and rigid. To stay nimble, consider faster, more flexible...
