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 …

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 …

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 …

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 …