Harbour Capital Blog

Tax Savings Made Simple With Section 179

Tax write-offs are always a good thing, and with the Section 179 tax deduction, you can effectively decrease the purchase price of any equipment purchase. Harbour Capital’s quick turnaround time will give you the opportunity to take advantage of this timely cost-savings tax deduction, while simultaneously helping your business grow with new equipment. Apply Securely Online What…

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Why Vendors Should Consider A Vendor Financing Program

Vendor financing can be the most simple way to provide your customers with a one-stop-shop process for buying your equipment. Lets say you have a customer who wants to purchase your product. You’re all set to move them forward with their purchase and contracts, but you know they can’t afford to make the purchase without…

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Keys to Managing Working Capital

Money management can be a difficult juggling act. 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…

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End of Year Tax Write-Off Tips

Making loan payments can sometimes be a struggle, but it does have its perks. You can write off the loan interest you’ve paid over the year on your taxes. Below are the types of loans for which you can write off the interest payments when it comes time to file your taxes. Business Loan Interest…

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Unlimited vs. Limited Personal Guarantees

Throughout the business loan application process, you are going to sign quite a few documents. One of the most important signatures on the loan document is the personal guarantee, yet often times business owners don’t fully understand what they are signing here.  Additionally, when you see the light at the end of the tunnel and…

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Cash Flow Management

A common mistake new business owners often make is only worrying about cash flow when reserves are getting low. When businesses are hurting with cash flows, it isn’t usually getting paid that is the issue, it’s when they’re getting paid. Inconsistent payments can lead to missed payments for bills, delayed employee paychecks, and/or a halt…

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Is It Smart to Pay Off Short-Term Debt Early?

When you’ve taken out a short-term loan, you may consider paying it back before the term is up. This might not necessarily be in your best interest. Here’s a closer look at why you should or should not pay back your short-term loan early. Why Pay Back a Short-Term Loan Early? Business owners frequently look…

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Top 3 Reasons to Consider an Alternative Business Loan

  It’s no secret that small business owners have a difficult time acquiring business financing. With the lengthy processes, financing restrictions, and credit requirements, it can seem almost impossible to go through the process of securing financing. More often than not, small business owners don’t have the time to go through such a lengthy process,…

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How to Check Business Credit Score

  There are plenty of major online credit agencies, but the biggest and most well-known name in the industry is Dun & Bradstreet. Other commonly used agencies include Experian and Equifax. However, each agency charges for producing a credit report and goes about collecting information and analyzing it differently. These differences can lead to much…

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Business Credit: What It Is & Why It’s Important

When you are looking for financing, it’s important to know how your personal credit score and history will look when the lender pulls your credit. It’s just as important to know how your business credit will look as well, so knowing the ins and outs of your business credit score is very important. Your business’s credit score begins…

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