More small business owners may want to consider taking out a merchant cash advance to make their facilities more energy efficient. Using greener equipment that preserves energy may help small business owners save money, so they can finance expansion.
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index indicated that March’s new business leasing volume came to $6.8 billion, a 45 percent month-over-month increase.
Female-owned businesses are on the rise, but obtaining a small business loan may be more difficult for those who do not develop strategic relationships with alternative lenders.
Studies show that although female owned businesses are on the rise, many women face more obstacles when it comes to securing a small business loan. Studies show that female small-business owners are still having a harder time securing financing to fund their organizations.