3 Reasons To Get Business Finance In 2019

3 Reasons Why Business Finance Is Needed In 2019

Several surveys completed with business owners showed that many are planning on expanding and updating their businesses in 2019. Lenders are paying attention to these surveys and gearing up to loan more money than in any previous years, which makes it a great time for business owners to capitalize on the financing they need to meet their goals. There are many reasons, and many ways to expand and grow your business, but we'll just go over 5 areas that can have a very positive impact on your growth.

• Expand Your Current Location

          It may be that you have outgrown your current facility, and realize that by hiring more staff you could increase                  revenue, but you're just not ready to invest in a new property yet. This would be a great time to get a line of credit            that you can use as you need it, add more space to your current location, and hire more people. 

• Replace Old Equipment​​

          Old equipment that is outdated is one of the biggest complaints of employees who operate it. Between needing                 time consuming repairs, and just being so slow compared to updated versions, it takes much longer to get the job             done. In business, time is money, and the longer it takes to get the job done, the more cost it adds to the bottom                line, creating less revenue. 

         By obtaining a business loan or line of credit from Small Business Capital US, you will be able to purchase new                   equipment which will benefit you in many ways. The first benefit will be happier employees who have safer and               more efficient equipment to work with. A second benefit is the incentive given by the government that allows for             write-offs for capital equipment purchases. Also, you will benefit by optimizing your cash flow and staying                         competitive in your market place.

• Increase Your Inventory

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         You may be at a point where you have enough sales that you are running out of inventory before the end of the                   month, or right before a holiday. By making sure that you have the right amount of inventory, revenues will                       increase greatly every month, and every holiday or busy season. If you happen to be on the vendor side of                           business, business owners will have confidence in purchasing from you when you consistently fill their orders.​

These are just a few of many reasons why your company may need financing in 2019. No matter what type of financing you need, at Small Business Capital US we've got you covered. From Lines of Credit, Equipment Financing, SBA loans, term loans, working capital loans, asset based long term loans, to merchant cash advance, we have business financing for all of your needs. 

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