A steady cash flow is essential for any business. Many companies, from ones that have just started to businesses that have been around for years, will eventually run into some problems and see a decrease in revenue. While it...
When you own a medical practice or small to mid-sized hospital, there are nearly endless factors that place stress on your finances throughout any part of the year. One of the biggest threats is, of course, inconsistent payments. Insurance...
Loans generally need to be taken out when someone wants to start a small business. It is often essential so that the proper capital can be raised upfront, allowing the business to get off the ground. The business owner...
Summit Capital Financing recently funded a commercial property located in New Jersey for $275,000
If you own a wireless store, your business is built on debit and credit card transactions. It doesn’t matter if people are buying a new phone, tablet, or paying their bill, a majority of them use plastic to complete...
It used to be that purchasing something outright was better than leasing it, but along came technology and people are now finding leasing the better option. With healthcare machinery changing as quickly as smartphone and computer technology, many practices...
Accounts receivables management is a necessary evil when running a business. You must “receive” money to keep your operating cash flow in the black and your company’s doors open. If you were a gigantic corporation, you’d have accountants and...
Business growth should be at the top of your list of priorities, whether you’ve had your doors open for ten days or ten years. However, as an owner, you of course already know that his is typically much easier...
Summit Capital Financing recently funded a four-unit property in Flemington, New Jersey. Summit Capital was able to provide the borrower with a $160,000 rehab bridge loan with 12 months interest only. Need help funding your commercial or investment real estate?...
Generally when you apply for a small business loan, you will have your choice of business loan rates - a fixed rate or a variable rate. There can be a significant difference in your monthly loan repayment using one...