What is USDA Bridge Loan / Bridge to USDA Loan: What is it and why does my business need one?
If your business has already applied for a loan under one of the USDA’s guaranteed loan programs, you will be familiar with the scheme and the many benefits that it provides to rural businesses. However, you may be less familiar with the concept of a USDA bridge loan. This article will explain exactly what a […]
Biden-Harris Administration Invests $110 Million in Meat and Poultry Processing to Strengthen Food Supply Chain, Increase Competition, and Lower Food
To date, the Biden-Harris Administration has invested a total of over $700 million in 48 states and Puerto Rico for projects that help to expand the nation’s independent meat and poultry processing capacity WASHINGTON, July 11, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that the Biden-Harris Administration is making investments that […]
How California’s Junk Fee Laws Affect Hoteliers Across the US
Legal Expert: ‘Rule Likely Applies to You’ CHARLOTTE, North Carolina — Two new California state laws targeting hidden fees — or so-called “junk fees” — at hotels, vacation rentals, event ticket sellers and food delivery services officially took effect on Monday. Though these are laws passed in California, they will have an immediate impact that […]
SBA Loans by ACOM Capital in Los Angeles, California
The Ultimate Guide to SBA Loans by ACOM Capital in Los Angeles, California For small and medium-sized businesses in Los Angeles, SBA (Small Business Administration) loans offer a powerful tool to support growth, finance real estate, and enhance operational capabilities. ACOM Capital is a leading expert in facilitating SBA loans, helping Los Angeles entrepreneurs and […]
What is a Capex? Why it’s Important for Commercial Real Estate Investors
Capital Expenditure Definition What is a Capital Expenditure? A Capital Expenditure (also known as CapEx) is money spent to acquire, repair, or upgrade physical assets such as real estate, structures, or major equipment. Capital expenditures differ from operating expenses because they cannot be expensed out for tax purposes. What Are Capital Expenditures in Real Estate? […]
Join Our Group for Commercial Loans Training: Your Path to Mastering the Complex World of Commercial Finance
In the fast-paced world of commercial finance, staying ahead of the competition requires more than just basic knowledge of lending. Whether you are a commercial loan officer, finance broker, business owner, or aspiring finance professional, understanding the full spectrum of loan products is crucial for success. This is especially true as the financial landscape becomes […]
SBA Guarantee fee: Overview and cost
Key takeaways The Small Business Administration (SBA) backs some of the most competitive business loans on the market. However, rather than issue loans directly to businesses, the SBA guarantees a portion of each SBA loan and works with outside lenders. Like any loan, there are fees with SBA loans. The primary one most borrowers will need […]
SBA 504 vs. SBA 7a Loan Comparison
When you are considering a small business loan, there are several loan options available and many look at the SBA 504 vs 7a. If you’re looking to purchase commercial real estate or heavy machinery/equipment, the SBA 504 loan is often the best choice. If purchasing a business or getting working capital is the goal, the […]
What is a Budget in Construction Loans? How to prepare, read, and analyze it
What is a Budget in Construction Loans? In the context of construction loans, a budget refers to a detailed financial plan that outlines the anticipated costs associated with the construction of a project. This budget is essential for securing financing, as it provides lenders with a comprehensive understanding of how much funding is needed, how […]