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When it comes to owning and operating a cannabis business one obstacle can be very tricky to deal with. That obstacle is financing. Loans are a standard operating procedure of any healthy business. While it has been challenging to secure a cannabis loan in the past, it is now easier than ever to grow and finance… Read more »
Right now cannabis is booming. It is as good a time as any to get a piece of this 61 billion dollar industry. With public approval and legal support for cannabis at an all-time high, that number is only going to increase. Some think it could hit 130 billion by 2024. Despite all this revenue,… Read more »
Equipment financing is a method in which a business owner takes out loans to fund the purchase of large-scale equipment. Certain industries are more reliant on equipment than others. Thus it is vital to define your goals and expectations before pursuing an equipment loan. If you are in the construction space, heavy equipment loans can… Read more »
Short-Term Business Loans What are short-term business loans? In short-term business loans, businesses can borrow a set amount of money based on the cash flow that they must repay, with interest, at regular intervals. Short-term financing is designed to repay much more quickly than other types of loans, often within 3 to 15 months. Short-term… Read more »
Fast Ways to Get a Mid-Term Business Loan Mid-Term business loans allow you to borrow funds from BitX Funding to assist your business growth. The best part of Mid-term loans is it can be repaid in monthly installments to avoid any hassle. The repayment duration usually lasts from one to five years. What is… Read more »
Business Loans to Reopen Your Business We are beginning to reopen our doors for business now that we are on the backside of the COVID-19 curve. Bringing our employees back to work is critical to the economy. We can’t count on the government forever because soon the programs such as Paycheck Protection Program and EIDL… Read more »
You don’t need a finance degree to know that the present economy is booming but you need to access working capital to pay for new employees, office space, equipment, marketing, or else you can’t compete. Not every business owner has the savings to get up and keep things going. That is where business loans come… Read more »
Quick short-term loans fall into the category of debt financing that funds quickly. The delivery average depends on the source you’ve selected. Usually, the average is between 2-5 days. These loans come in the form of cash that is repaid, plus interest, within a year. As most of the quick short-term loans have higher interest… Read more »
How to get fast unsecured business loans? In the business world, there are generally two types of loans: secured and unsecured business loans. Secured loans have collateral that guarantees them. For example, a house loan is secured because if you are declared as a defaulter by the lender, the house can be taken back in… Read more »
Is A Mid-Term Loan Right For You? Whether you are dreaming about owning a small business or if you have already started making that dream a reality, you have most likely dreamed (or maybe had nightmares!) about financing. As a savvy business owner, you may even have started doing your research on the seemingly endless… Read more »
