info@superiorbusinesslending.com
Chicago, IL 60604
One of entrepreneurs' most commonly asked questions is whether you can use an unsecured business line of credit for personal expenses. The short answer? You can, but you shouldn't. When you get approved for an unsecured business line of credit, you gain access to a flexible...
Timing is everything when you want to grow your business. Whether you're jumping on a limited-time inventory deal or a marketing push for your busiest season, you need financing to fit your timeline and needs. A business merchant cash advance (MCA) could be a game-changer...
Equipment financing offers a decisive advantage that often gets overlooked: tax savings. Whether you're financing heavy machinery, vehicles, or technology upgrades, the IRS provides incentives that can significantly reduce your tax liability if you and your equipment financing company structure it the right way. The key...
A term loan for your business can help you restructure your debt to keep things running smoothly or purchase new real estate to expand your company. But choosing the length of your loan, long-term or short-term, depends on your financial profile. Both have unique benefits...
Asset-based lending (ABL) is appealing when you have valuable collateral but might not qualify for traditional loans. Getting a competitive interest rate on your ABL is key to unlocking the wealth of your collateral, and it’s tied directly to your business and your assets. Understand the...
Size 10 is one of the most popular shoe sizes. But how successful would a store be if it only sold size 10 shoes? Probably not very, since a lot of people wear other sizes, too. Bank loans are like size 10 shoes. They might be...
Equipment is expensive. Traditional bank loans might seem like an obvious choice to fund equipment, but they aren’t always accessible or flexible enough for every situation. Here is where non-traditional lenders come into play. Non-traditional financing sources offer opportunities that are often faster, more adaptable, and tailored...
In the realm of commercial real estate, securing the right financing can be the key to unlocking lucrative opportunities. Among the myriad of financial products available, commercial real estate bridge loans stand out as a critical tool for savvy investors and business owners. But what exactly...