Small Business Funding through First Down Funding

December 20th at 9:31pm

If you’re looking for cash advance or funding for your new small business setup, a first down funding may be the solution to solve your issues. An American based company located in the Historic Downtown District of Annapolis, MD, provides good options as compared to traditional companies. Business owners who wish for quick funding approval without submitting strict credit requirements and extensive approval procedures that normally come with most bank advances. If you are running a small or medium-sized business in need of a good amount, then a business cash advance through first down funding is an accurate choice for…

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PREQUALIFY FOR BUSINESS FUNDING

August 3rd at 10:28pm

Looking or business funding?  Apply online with First Down Funding.  Our fast processing allows you to see the many funding programs your business can qualify for.  Get pre qualified and then choose from the many options and rates. Get Prequalified for Business Funding – get on the fast track: Have your financial statements.Monthly bank statements.Your personally identifiable information such as a driver’s license.Apply onlineYour credit score.  We consider low and high credit scores and we will show you the rates that you qualify for. If you have any questions about the different types of funding or if you want to speak to…

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LEARNING ABOUT FACTORING

July 13th at 10:03pm

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Fortunately, receivables factoring isn’t traditional financing. This means you won’t need to represent it as traditioal financing on your balance sheet. Instead, it’s an advance on the value of your receivable. This distinction is very important as companies are always trying to keep their financial statements up-to-date and clean. Factoring reduces your bookkeeping costs and your overhead expenses. Factoring allows you to make cash payments to your suppliers, which…

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IS IT A GOOD IDEA TO USE CREDIT CARDS TO FINANCE MY BUSINESS?

May 4th at 1:01pm

Using credit cards to fund your business is a a popular financing option for many new business owners. But is a really a good idea? A credit card is a line of credit from which you can borrow money at any time, up to your credit limit.Personal funding is a fixed funding which you repay in equal installments for a predetermined period of time. A credit card is what’s known as revolving debt. … Personal funding, on the other hand, is a fixed debt. There are two big advantages. The first is convenient access to revolving credit. With a credit card in your wallet, you can easily cover cash flow gaps and pay off short-term business expenses,…

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First Down Funding – Industry Leader in Small Business Funding

March 23rd at 9:43pm

Small business funding is an advanced version of providing funding with fixed financing for small businesses. It’s an innovative way to provide business funding with a faster and easier application process throughout the United States. It is intended to quickly give your funding as compared to typical business funding. Fixed financing for small businesses leverages an advanced funding process that goes beyond the business owner’s credit score. Your regular transactions, as well as your business cash flow, play an important role in approving your application.  First Down Funding offers fixed financing small business funding on daily, weekly and monthly repayment…

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UNDERSTANDING SHORT TERM FUNDING

March 23rd at 4:46pm

Small businesses most often need short-term funding instead of long-term debt financing. Most term funding, classified as short-term, usually have a maturity of one year or less. They must be repaid to the funder within one year. Most short-term funding is often repaid much more quickly than that, often within 90-120 days. Short term funding is a type of business capital funding that can provide your company with quick working capital. Like most other financing, you’ll receive a lump sum of cash upfront which is repaid to your short term funder over a set period of time. Commercial funding are granted to a variety of business entities, usually to assist with short-term funding needs for operational costs or for the purchase of equipment to facilitate the operating process.…

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UNDERSTANDING WORKING CAPITAL FINANCING

February 9th at 4:07pm

Working capital is calculated as current assets minus current liabilities. … Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. Working capital is important to because it is a measure of a company’s ability to pay off short-term expenses or debts. On the other hand, too much working capital means that some assets are not being invested for the long-term, so they are not being put to good use in helping the company grow as much as possible. Working capital financing  is funding that is taken to finance a company’s…

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BUILD GOOD CREDIT FOR YOUR SMALL BUSINESS

October 27th at 2:54pm

If your business is new, you may not be thinking about taking out funding just yet, but the day may come when you do. Figuring out how to access business financing and credit is a common quest for both new and existing small business owners. From startup costs to new expansion strategies, establishing a strong business credit profile with diverse accounts early on can help make your immediate and future business plans a success. Eight steps to establishing your business credit: Incorporate your business. Obtain a federal tax identification number (EIN). Open a business bank account. Establish a business phone number. Open a business…

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