The Bronx Economic Development Corporation’s Post

Why is a business plan a secret weapon when buying a business? Picture this: you're Laura, a driven entrepreneur with a passion for making spaces sparkle. You've found the perfect cleaning company to buy, but there's one thing standing between you and your dream - an SBA loan. So, why is a top-notch business plan non-negotiable when seeking an SBA loan for your cleaning company acquisition? 🧽 It proves you've done your homework on the cleaning industry and know how to make your business thrive 💸 It paints a clear picture of your financial roadmap, giving lenders the confidence to invest in your vision 📣 It showcases your innovative marketing ideas and growth strategies to dominate the market 🌟 It highlights what makes this cleaning company unique and how you'll deliver unmatched value to clients 🤝 It's your secret weapon to build trust with lenders and convince them you're a cleaning industry rockstar Laura crafted an impressive business plan and secured her SBA loan. The result? A cleaning company that's now the talk of the town! 🌇 Aspiring cleaning company owners, don't let a lackluster business plan hold you back. Polish up your plan, harness the power of SBA financing, and get ready to make your entrepreneurial dreams sparkle and shine! ✨ #CleaningCompanyGoals #SBALoanSecrets #BusinessPlanningMastery #EntrepreneurialGrit #CleaningIndustryDomination Peak Business Valuation

Every day, we receive calls from small business owners interested in our revenue advance funding program. The first question I emphasize, ensuring my entire in-house team does the same, is "what is the purpose of the funds?" We ask not because there's a right or wrong answer based on program guidelines, but to ensure the business owner doesn't get caught off guard by this funding option. We've heard some unusual answers, ranging from hairplugs to teeth whitening, expansion plans to buying out a partner, or even going on a well-deserved trip with the boys. The moment I hear anything that might put undue strain on the business owner, I immediately advise against lending them the money. Why? It's simple. This funding option, given its repayment terms, can potentially suffocate a business. And the last thing we want is to contribute to a business's downfall. Bottom line: if you need quick funds for a goal that will provide a return on investment, this is a great option. If you're not looking to enhance your business or invest in its growth, but rather for personal indulgences like teeth whitening, hair plugs, or a luxurious trip to Vegas with friends, then it's not the right fit. When we make decisions about lending our funds or our investors' funds, we're not just protecting our assets; we genuinely want to see you succeed. We don't want to see you bankrupted. Please don't take it personally. I'm confident there are lenders out there who couldn't care less and would gladly hand you the $15K without a second thought about your success. Borrow wisely. Borrow and grow. Borrow and prosper.

Here’s a Facebook post focusing on the desire for quick and easy approval processes, and how West Palm Credit Repair can help: Looking for Quick and Easy Business Funding Approval? As a business owner, we know you want one thing when applying for funding: a fast, smooth, and hassle-free process. Your time is valuable, and waiting around for approvals shouldn’t slow down your progress. At West Palm Credit Repair, we specialize in making the loan process quick and smooth. From preparing your application to ensuring you meet lender requirements, we take the guesswork out of funding so you can focus on what matters most—growing your business. No more waiting around for approvals! Let us help you secure funding with ease. 🚀💼 👉 Reach out today to learn how we can streamline your business funding! https://bit.ly/3zEQpcY #BusinessFunding #QuickApproval #WestPalmCreditRepair #SmallBusinessSupport #EntrepreneurGoals

Jerry Freedman is a true expert in the field of business financing, he is helping people turn their dreams into reality. I hope you enjoy this video we took at the recent Accelerate event where he breaks down the options to buy an existing business. For instance he spoke about the power of SBA 7A loans. These loans offer up to 90% financing with a 75% guarantee from the SBA, making acquisition more accessible than ever before. → To make it even better these loans often target the business's historical financials and cash flow, rather than just focusing on the entrepreneur's personal resources. → This means that even if you don't have a personal fortune, you can still pursue your dreams of business ownership. → SBA 7A loans don't just cover the acquisition costs - they also provide working capital to fuel growth and take your new venture to the next level. So, if you're an entrepreneur dreaming of owning a thriving company, it may be easier than starting something from scratch. I'd love to hear from you - what existing business would you love to acquire?

To all my business owner friends who own the real estate your business operates in, you’re sitting on a major opportunity! Starfund Lending, in partnership with the SBA, is offering exclusive low-interest SBA loans designed specifically for business owners who own their property. This is your chance to unlock capital, boost liquidity, and keep your business thriving. Here’s why this loan is a perfect to increase cash flow: • Low-interest rates—so you keep more of your hard-earned money. • Flexible repayment terms tailored to fit your business needs. • Quick application process—get the funds you need, fast. • Exclusive offer for property-owning business owners. Don’t leave money on the table. If you own your business property, you could be eligible for this unique SBA loan program. Let’s talk today and get you the capital your business needs to grow and thrive. Contact me at Star Fund LLC and let’s unlock the potential of your real estate. #SBAloan #BusinessFunding #StarFundLLC #PropertyOwners #BusinessOwners #CashFlow #BusinessGrowth #Entrepreneurship

Interested in learning more about how capital access loans can benefit The Bronx? Check out Ruvi Lopez’s article about it for Bronx Times!

Over the past decade, we've helped over 30,000 entrepreneurs secure millions in funding to grow their businesses—without sacrificing ownership or taking on massive debt. 💼💸 I know what you’re thinking—'That sounds amazing, but how do I do that?' Don’t worry, we’ve got you covered. Here are 5 key steps to securing the funding you need to start or scale your business: 1/ Understand your funding options: Business loans, lines of credit, and 0% interest funding—each comes with its own benefits. Know what’s right for you. 2/ Prepare your credit profile: Strong personal and business credit profiles are key to securing high-limit business funding. This is where it starts—build a solid foundation. 3/ Leverage 0% interest offers: Many funding options come with 0% interest for 12–18 months. Use this time wisely to grow without being burdened by interest rates. 4/ Build relationships with lenders: Securing funding is not just about numbers; it’s about building trust with the right lenders. We'll show you how. 5/ Stay consistent with your growth plan: Don’t just get funding and hope for the best—have a clear strategy on how you’ll use every dollar to grow your business. Here’s a story to inspire you: When John, one of our clients, first reached out to Fund&Grow, he was stuck. He wanted to expand his business but couldn’t get the funding he needed from traditional banks. In just 4 months, we helped him secure over $180,000 in 0% interest funding. Fast forward 2 years—he’s opened two new locations, increased his revenue by 40%, and continues to thrive. What’s the lesson here? Persistence and the right financial strategy are the keys to unlocking growth. Are you ready to take the next step? Comment FUNDS below and we’ll show you how to secure the capital you need to scale! 🚀 #BusinessFunding #EntrepreneurJourney #FundAndGrow

🚀 Exciting News for Small Business Owners! SBA 504 Rates Have Dropped 🚀 The SBA 504 loan program is even more attractive. Rates have dropped since last month, making this an excellent time for small businesses to consider expansion or new projects. The SBA 504 program, known for its low down payments and long-term, fixed-rate financing, offers an incredible opportunity to invest in commercial real estate. 💡 Key Benefits of the SBA 504 Loan Program: Lower interest rates: Maximize your savings and improve cash flow. Fixed rates: Enjoy the predictability of fixed monthly payments. Low down payment: Preserve working capital with as little as 10% down. This rate drop is a game-changer for small businesses looking to grow and succeed. Don't miss out on this opportunity to take your business to the next level! #SmallBusiness #SBA504 #BusinessGrowth #Finance #Entrepreneurship #BusinessExpansion #LowerRates

Removed 10k in collections and he got approve for his dream house 🏡 Credit repair takes time if one of your goals is to buy a house this year I highly suggest you to start fixing your credit ASAP! Follow and Comment “ READY” for your free credit consultation from me directly to see how you can improve your credit situation or to claim your spot for the $1 sign-up credit repair special.We also have a DIY course if you want to do it yourself! 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

For a business, the purchase of a commercial property can be a game-changing step that opens up new avenues of growth. Owning commercial property can increase wealth, improve security and allow business owners more control over their space. 🏢 If you're looking to take your business to the next level, reach out to our team today to discuss your loan options.