A business expansion loan is used for expanding your existing business. This type of loan is not for funding your new business to help get it off the ground. Lenders require business expansion loan borrowers to have an existing viable business. Expansion loans can help businesses become larger or more productive, depending on the type...
Dreaming Too Big We hear it all the time. “It is time for me to open another location,” or “We have so much business, we’re outgrowing our current location.” In this case, we had a client who purchased a warehouse in a prime location for expansion. This location had it all - the square footage,...
Your small business is booming and you believe you are ready to expand to new heights. Are you really though? Before doing anything that can have a profound impact on your life, it is best to conduct a little research. Listed below are some of the best business blogs and their take on business expansion....
If you are looking to expand your business, it is important to position yourself for success by creating a structured plan. Financing the expansion plays a key role in your success. Below are some great tips on expansion loans. Expanding Your Business Fast One thing to think about is your expansion plan. How quickly are...