financing for small businesses

Everything You Need to Know About Financing for Small Businesses

First Financial SBA Loan, Starting a Business

If you’re a small business owner – or about to be – you already know that this job title involves wearing countless hats and juggling just as many priorities. In short, being an owner can be one of the most rewarding jobs in the world, but it’s definitely not without its challenges. Financing for small businesses continues to be a …

sba express

Understanding SBA Express Loans for Small Businesses

First Financial SBA Loan, Starting a Business, Working Capital

Talk to any successful small business owner and they’ll tell you that their accomplishments took more than just a good idea and a lot of passion. Among other things, it takes a lot of capital. Even surefire ideas need serious funding to get off the ground. 4 Reasons to Consider an SBA Express Loan for Your Small Business The best …

small business tips

3 Small Business Tips to Help You Fund Your New Idea

First Financial SBA Loan, Starting a Business

If you plan on becoming a small business owner, it’s definitely important that you have a winning idea. Unfortunately, as far too many entrepreneurs have learned the hard way, that’s not going to be good enough. You also need the funding required to bring that great idea to life. 3 Small Business Tips for Entrepreneurs Who Need Funding Don’t worry. …

Funding Wonder to Launch FINRA Regulated Crowd Funding Platform

First Financial Crowd Financing, Crowd Funding, Franchise Purchase, Starting a Business, Working Capital 0 Comments

The Online Lender will be Among the First to Offer Investments in Business Loans to Non-Accredited Investors. Funding Wonder Crowd, LLC, the operator of an online lending platform focused on small business loans, has been approved by FINRA (the Financial Industry Regulatory Authority) as a licensed Regulation Crowdfunding Funding Portal. This means that anyone aged 18 or older will now be able to …

considerations when financing your business with a 401K rollover

Considerations when rolling over your 401K into a business

First Financial 401K Financing, Franchise Purchase, SBA Loan, Starting a Business, Working Capital

Risks Involved Employing your 401(k) to finance your start-up venture comes with some pretty high risks. We’ve outlined some of the most obvious risks below to help you make a well-informed decision.  Before we know continue, know this… Many business and franchises have been started using 401K rollover financing.  Despite the commonness and acceptance of this financing options, their are …

Financing business startup with 401K rollover financing

What is a Small Business 401K Rollover?

First Financial 401K Financing, Acquisitions, Franchise Purchase, Starting a Business 0 Comments

If you’ve been an employee for a better part of your professional career and are now considering starting up a business, you may be aware of the possibility to utilize your IRA or 401(k) retirement fund as an investment. It has its benefits but it could prove to be a complicated procedure for anyone not too acquainted with it; easier …

The SBA Loan can feel like a puzzle without a lending advisor like First Financial

Getting an SBA Loan – Who, What, Where and Why

First Financial Acquisitions, SBA Loan, Starting a Business, Working Capital 0 Comments

Getting SBA Loans There can be a lot of uncertainty when it comes to securing a dependable financial flow to your business. So much so that a commercial loan from a bank that’s also federally insured seems too good to believe. But backing these loans is exactly what the U.S. Small Business Administration’s Guaranteed Loans Program was built for. So …

E Myth Review and Summary

Review & Summary – E-Myth & The Turn-Key Revolution

First Financial Franchise Purchase, Starting a Business

Shockingly, 80% of start-ups still end in miserable failure. This statistic has been completely understandable throughout the years because businesses are a tricky thing to get right; however, in this day and age with all the information you could ever want and need at your fingertips, why is this figure still so high? The ‘E-Myth’ suggests that most failed businesses …

SBA 7A Loan approval process

What is the SBA 7A Loan Program?

First Financial Franchise Purchase, SBA Loan, Starting a Business, Working Capital 0 Comments

The SBA 7a is a popular loan program that was suspended after reaching the $18.7 billion limit for the year, has finally been renewed. The House of Representatives has approved the bill which will lift the SBA’s lending cap for the largest loan guarantee program to reach $23.5 billion. What is better is that the Senate has also passed the …

Advantages and Disadvantages of Working Capital Loans

First Financial Franchise Purchase, SBA Loan, Starting a Business, Working Capital 0 Comments

Securing a loan for working capital is an excellent way to begin generating both capital and growth from your business. To get your business off the ground, capital is essential for covering the financial needs of your daily operations such as payroll or marketing costs. Funds that are available to cover your business’s short term and immediate needs are known …

Women-Led Businesses Benefitting From Loans

First Financial SBA Loan, Starting a Business, Working Capital 0 Comments

In figures released by the National Women’s Business Council (NWBC) in 2007, around 8 million business were owned by women in the US. With around 12% of these employing full-time workers, the average annual revenue was just over $1 million. However, times are dramatically changing and it is thought that total revenue for women-led business has now reached $1.2 trillion. …

SBA startup funding

Getting an SBA Loan for your Start Up

First Financial Franchise Purchase, SBA Loan, Starting a Business, Working Capital 0 Comments

SBA Loans for Startup Businesses It is possible to find money for your new business with this review of the top three SBA loan programs. It doesn’t matter what you see on websites or infomercials, there aren’t any SBA loans that will involve free money, no-interest loans, or government grants. The truth is that the SBA won’t lend funds directly …

The importance of Brand innovation and updates… and the pain franchisees feel

First Financial Starting a Business 0 Comments

Franchises that are established recognize the need to innovate and update locations to be competitive with other brands. In a great many areas , Cinnabon isn’t the company it had been just one decade ago . From the company’s expanding drink lineup to food selection introductions such as Center of the Roll and Cinnabon Stix , operations within a Cinnabon’s restaurant has moved in the 21st century . However management come to the realization a number of years ago that the appearance of Cinnabon’s establishments hadn’t also transformed with the …