Strata Cloud’s Post

Here is an example of a recent funding of a bank line of credit: $300k, with an initial draw of $200k and an additional $100k funded. Let us help your business thrive! #loc #lineofcredit #smallbusiness #restaurants

Knead the Dough to Open Your Dream Bakery? Our guide serves up the perfect recipe for financing your bakery business! Explore loan options, craft a winning plan, and watch your bakery rise to success. Don't let funding hold you back from becoming the next big loaf! ➡️ https://lnkd.in/gutBCgkD #BakeryBusiness #BakeryLoan #EntrepreneurTips #FinancingYourDreams #SmallBusinessLoans #LetsGetBaking #ShareTheKnowledge

You’re going to have to 🔍 zoom in 🔍 for this one - Top 10 Franchise Lenders and the Top 10 Franchise Brands receiving SBA loans from the Top 10 Lenders (all in FY 2023). The lender in the Top 10 with the lowest spread above the prime rate (P+1.23%) was less than half of the Top 10 lender with the highest average spread above the prime rate (P+2.64%). Those two lenders are… …that might be a little too much for this post. Or, subscribe to our dashboards to see the market competition for yourself…so much more there than I can show here. #smallbusinesslending #finance #banking

As a restaurant owner, I faced financial struggles when I first started out. I lived in overdraft, using my remaining student loans as working capital. I constantly monitored my bank account to ensure there was enough money to cover expenses. There were times when I had to borrow money from family members just to make payroll. These challenges taught me valuable lessons and helped me keep the restaurant afloat until I could implement changes to make it more successful. Want to learn more? Follow us on YouTube: @andrewscott9329 #cashflowmanagement #startupfinance #restaurantbusiness

Myth: Loan Market franchise agreement is expensive. BUSTED Grant Rheuben, 2022 Broker of the Year, reflects on his 18-year relationship with Loan Market, explaining, “It’s not what you pay, it’s what you make." Loan Market brokers are the most productive in the industry and settle 75% more than the industry average. Catch the rest of Grant sharing his experience with Loan Market via the link in comments. #loanmarket

Embracing the status quo might seem safe, but it can lead to dire straits in the world of franchising. 💼🚀 Our latest article dives why into maintaining financial stability and ensuring franchisees have access to the best funding options is critical. Learn from industry expert Phillip Archer QFP, Head of Business Planning & Funding at accountancy firm TeamDT - d&t chartered accountants how to avoid complacency and drive your franchise towards sustainable growth and innovation. 🔔Subscribe to the UK's leading franchise news platform here: https://lnkd.in/eBbdRfKE 📚Read the full article here: https://lnkd.in/eb69jUvT #FranchiseSuccess #BusinessGrowth #Innovation #FranchiseTips

🔑 Key Takeaways from Michael Nasserfar 🔑 In our enlightening conversation with Michael, we explored the power of positivity, the importance of specialization, and how to thrive in any market condition. Michael's chapter in the upcoming "Rethink Everything: To Be a Next Generation Loan Officer" book promises even more insights. Stay tuned for its release! #MortgageSuccess #RethinkEverything #Specialization

What makes someone successful in ETA? “The actual willingness to learn the business and do the work.” It’s so simple, but I think it’s often overlooked. Before you get too excited about your hold co plan, remember this: Businesses need operators. And if you’re buying an SBA sized business, most likely that operator is going to be YOU. So be ready to roll up your sleeves and get to work. Thank you Sterling Birdsong for sharing your ETA and SBA insights. Check out the full episode to hear more about: ✅ What it’s like to become a franchisee ✅ SBA for franchising ✅ What banks look for in a borrower ✅ What banks CAN do vs. what they WILL do ✅ Seller notes in SBA ✅ SBA and add backs ✅ SBA vs. conventional lending https://lnkd.in/gMtzuZmz #ETA #SBA #SMB #smallbusiness #businessacquisition

Let me drop some tea ☕️ real quick… It no longer takes 90 days to generate your business scores …here’s how to do it in 30 day! 👉🏽First set up your LLC and EIN 👉🏽Next set up accounts with Nav, Nav prime card, credit strong and ecreable 👉🏽Then wait 30 days and your scores will appear on NAV Pro Tip: get you a Sam’s club membership the same time you set up your 5 accounts so that you’ve had your for 32 or more! Then apply for a business credit card with Sam’s club once your scores generate If you want more gems like this…comment “READY” now. Comment “fund “ If you’re looking to build business credit for your business or funding and you have a 700 credit score and LLC.  Comment “ list” for a complete list of lenders to help you build business and obtain funding. If you want to sign up for credit repair services now, only a few spots remain to let the experts help you remove those negative items. DM “ready “ if you are prepared to claim your spot.  Follow➡ @creditcareofdmv Follow➡ @creditcareofdmv Follow➡ @creditcareofdmv Daily Motivation, Entrepreneurship & Gems 💎  #Credit Repair #Creditrepaircourse #Diycreditrepair #creditcoach #creditmentor #Businesscoach  #BusinessCredit #Businessfunding #Diycreditrepaircourse #Businessfundingcourse #Businesscreditcourse #diyfunding

Intrigued by an 'SBA-prequalified' listing on bizbuysell.com? Here's the scoop. Predatory lenders use SBA prequal letters to entice unsuspecting brokers and buyers.  Seems legit?  Not quite. These SBA prequalification letters are based on a brief review of the broker's recast of the financials from the marketed business listing... ...not a lender review of the actual IRS-filed business tax returns or verified, bank-eligible Seller Discretionary Earnings (SDE). SBA prequel letters on many marketed listings are based on fluff.  Classic 'Hook, Line, and Sink' tactic. Don't be the one reeled in.  How?  Simple. Partner with experienced buy-side consultants who understand today's market trends and listing bait.  Bank underwriters don't approve deals based on fluff. #SBA #SmallBusiness #Entrepreneurship More Business Buying Insights: Subscribe: https://lnkd.in/gR6dEqMv Subscribe: https://lnkd.in/gKqWQaMh