Welcome to South Florida Funding Group – Your Business Funding Source
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Small Business Equipment Financing

When you’re in charge of a small business, getting access to the equipment that you need is essential. Without these tools, you, literally, won’t be able to run your organization. But, for many small business owners, it’s not financially viable to purchase this equipment outright. Because of this, it’s common to rely on equipment financing deals. But how do these arrangements work, and what should you look for when evaluating a business equipment loan.

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House Flipping Loans

When done right, house flipping can generate a profitable and worthwhile profit for the individuals in practice. Though the act of buying, flipping, and reselling properties can be an incredibly lucrative investment for many, there are still enough costs in flipping a house that is often more expensive than just buying a house to live in.

Consider that flipping a house means that you will have to pay to become the property owner for the back utilities and property taxes plus the purchase price of the property and closing costs. All of those costs come before you even start considering the costs of actually renovating the home. Additionally, there are taxes you need to remember, such as capital gain taxes.

All of these costs add up quickly, and getting a loan can be hard as a new/inexperienced house flipper. This is because there is a higher risk to the loaner when the goal is to flip and resell the house than to just buy and live in the home. For an inexperienced house flipper, this means that they may charge you a higher interest on your loan because you don’t have the track record of success that more experienced and established house flippers have. As such, some lenders may even choose not to work with/lend to inexperienced house-flippers.

However, this doesn’t mean that new/prospective house-flippers are entirely out of luck.

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Businessman contemplating a post-COVID-19 business environment

Post Covid-19 Growth Tips for Small Businesses

To say that Covid-19 came at the world out of nowhere is an understatement- it came in like a virtual wrecking ball and left a lot of plans and lives in shambles. This is a pain that is felt by everyone but perhaps especially by small business owners; while other people have had to put their lives on hold, to most small business owners, their businesses are their lives and that is what makes it truly devastating.

Running a small business is just as exciting as it is risky and every bit of business is crucial towards contributing to success. There is no shortage of challenges facing these business owners but Covid-19 has just completely changed the game so much so that in these times when the new-normal is as far from normal as we are all used to, small business who seek to reopen will also need to re-invent the way to do and drum up business if they want to succeed in their goals.

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Cannabis Business Funding

Small business funding can be difficult to get by itself when you are starting your dream CBD business, but there are some unique challenges when it comes to cannabis business funding. If you are looking to get a cannabis business loan, you may need to look into alternative funding for small businesses. The goal here is to help you better understand CBD business funding so that you know all of your financial options when starting a cannabis business.

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Happy businessman holding money from merchant cash advance loan

Merchant Cash Advance Benefits

If you are a small business owner who needs capitol right now, you want to know what your options are. A merchant cash option is something to consider if you are in need of alternative business funding loan for short-term business purposes. An alternative business funding program like a merchant cash advance option does have many benefits to you, but there are a lot of things to consider before you decide if this is the most suitable option for you. By reading on, you can learn all about what a merchant cash advance is and whether or not this is the right approach for your business.

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The business funding you need when others say No!.

2569 Bay Pointe Dr.
Weston FL 33327

Email:
drew@southfloridafundinggroup.com 

786-544-2700

DISCLAIMER

 The operator of this website is NOT a lender, does not make offers for loans, and does not broker online loans to lenders or lender partners. Customers who arrive at www.SouthFloridaFundingGroup.com are matched with a lender or a lender partner, who offer business loan products or credit repair services.