Monthly Archives: July 2017

Business Loans: 4 Common Application Questions

Regardless of the type of business loan you’re looking for, you can almost guarantee the lender will ask these 4 questions. For that reason, in preparation for a business loan, it would be advantages to know the answers to these questions right off the bat. Time in Business It’s a sad statistic, but did you know…

Read more »

Financial Tips for Expansions, Upgrades, & Up-Keep

Expansions, upgrades, and up-keep are necessary parts of every small business. Whether that ends up being desks, computers, cars or machinery, it is important to know if you should self-finance or take out an equipment loan when acquiring new equipment. Many business owners try to save and invest so that they can afford to purchase new equipment regularly. However, this…

Read more »

Benefits of Buying Out a Business Partner

When you first started your small business or franchise, you likely enjoyed having a partner to share in the startup expenses, risks, responsibilities and even successes. The main benefit of starting a company with a partner is sharing the risks with someone so that you aren’t alone if a problem arises. As time has gone on…

Read more »

Financing a Business Partner Buyout

Financing a business partner buyout can be difficult if you do not personally have the cash on hand to pay your partner. If you do not have the cash, here are your three top options: Alternative financing Merchant Cash advance Traditional bank loan Each of these options has its pros and cons. Alternative financing Alternative…

Read more »

3 Common Questions About Managing Working Capital

Managing money can be difficult. When you’re focused on growing a business and increasing sales, it can be hard to plan for unforeseen circumstances. It is important to remember, however, to keep your businesses bank account ready in case an unforeseen circumstance does arise. Some circumstances that could throw your business through financial troubles are…

Read more »

Securing a Business Loan With a Tax Lien

  Liens Smart businesses are always paying attention to their tax obligations and working on ways to reduce their taxes. Unfortunately, a lot of companies run in to tax liens, which have a huge impact on future financing options for any company faced with a tax lien. Tax liens are imposed on business owners who…

Read more »

Why You Should Consider Remodeling Your Franchise Location

Franchise remodeling projects can require a lot of resources. Technology, furniture, signage, and the biggest one, capital. With seemingly endless expenses, it might seem as though the project isn’t worth it. However, the payoff is usually well worth the costs and time spent on remodeling. Plus, Harbour Capital can help you finance your remodeling plans…

Read more »

How to Achieve Year-Round Success with a Seasonal Franchise

Apply Securely Online Seasonal franchises are similar, yet very different than normal franchises. Although some of the day-to-day operations are the same, the year-round outlook is entirely different. Instead of working 9-5 every day and taking two weeks of vacation off a year, owners of seasonal franchises tend to work longer days and even longer…

Read more »