Millbrook Business Finance’s Post

What Do Lenders Look for in a Business? Key Qualifiers for Securing Funding Securing financing is often a critical step in driving business growth, stability, and future success. However, the path to securing funding is smoother when businesses understand the key factors that lenders evaluate. In our latest article, we dive into the essential qualifiers that can strengthen your loan application and increase your chances of approval, from robust financial statements to strategic business planning. If you’re looking to better prepare your business for funding or to understand the lending landscape, this article offers practical insights for your journey. 📖 Read the full article here: https://lnkd.in/ekPx7szX #BusinessFunding #LendingCriteria #GrowthStrategy #FinancialHealth #SterlingCommercialCredit #AssetBasedLending

Have you considered SBA 7(a) funding for your current financing strategy? Here are 5 advantages to consider. 

🌟 Just read an article on how equipment financing can be a game-changer for small businesses post-pandemic. 💡 👉 When it comes to equipment financing, defining your needs and exploring financing options is key. Short-term project or long-term revenue-generating potential, each needs a different approach. 👉 Obtaining crucial business equipment without draining your bank account can free up working capital for other business needs like hiring or expansion. 👉 Getting an equipment loan may be easier than you think! Most lenders ask for business and personal credit scores, financial statements, and business information to begin the process. 👉 Have you considered the tax advantages of purchasing new equipment for your business? Depreciation write-offs could be a game-changer for your yearly tax return. 🙌 Share your thoughts! How do you weigh the benefits of equipment financing against the potential costs and risks for your business? 🤔 https://lnkd.in/gU-p7yYm

Curious about what lenders want for business finance? Here's the scoop: 1️⃣ Good credit 2️⃣ Solid business plan 3️⃣ Healthy finances 4️⃣ Collateral (if possible) 5️⃣ Proven ability to repay 6️⃣ Industry expertise For detailed tips, check out our blog: https://lnkd.in/eG8tXNuS 💼🌟 #BusinessFinance #LendingTips

A must read if you're a business looking for some quick capital. 2024 is going to bring in a ton of new clients and industries into the alternative financing space, this will help you get ahead of those business owners, letting you know what you have access to in order to help your business. #SBA #SmallBusinessFinancing #GetYours

A #finance broker specialises in connecting businesses with appropriate lenders or #funding solutions tailored to fit their unique circumstances. Utilising a finance broker can provide several benefits, making the funding process smoother and more #efficient.. Read the full expert insight from Geoff Philpot at BBP Media 👇

Funding is essential for hitting your business goals – but do you know which routes to finance are the best for your company? We’ve got the lowdown on funding. #businessadvice #SmallBusiness #funding #finance

Gain insights into understanding commercial and industrial lending and how it can benefit your business growth and expansion. Check out our blog!

Learn more about securing a working capital loan for your business.

Funding is essential for hitting your business goals – but do you know which routes to finance are the best for your company? We’ve got the lowdown on funding. #businessadvice #SmallBusiness #funding #finance