Infinity Commercial Capital

Starting a small business can be an exciting process, however, it may not always feel easy. This can be especially true when it comes to figuring out how to finance it properly. That doesn’t mean, though, that there’s nothing you can do to make the situation a little more clear for yourself. By doing some research, and understanding your options, it can be simple to make the right choice for you and your company. What Is a Line of Credit? Lines of credit are a kind of loan that are also a form of revolving credit, as well. With this kind of loan, you are given a credit line, up to a specified limit. You can spend as much or as little as you need to at any given time, up to that limit. You will then be expected to pay the money you have spent back, with some interest. When it comes to credit lines, there are two main types that are offered, a secured line, and an unsecured line. A secured line of credit typically involves some form of collateral, like business equipment for e...

While a strong work ethic is an admirable attribute, if unmanaged, it can get out of control and harm other areas of your life. Finding a healthy work-life balance may not be something you have prioritized, but without it, you can find yourself burnt out with damaged relationships and lacking fulfillment in your life. If you suspect that you may be a workaholic, here are a few symptoms to watch out for. 1.     Your Work Schedule One key indicator is the amount of time that you spend working. If you are typically the first in at the office and the last to leave, you may be unhealthily prioritizing work. For those who may not see the potential problem, overexertion can negatively impact your productivity and creativity. 2.     Unplugging From Work A common symptom of workaholics is the inability to disconnect from work. This has become increasingly hard when many employees are working from home and their offices are steps away from the other aspects...

When starting or running a business, there can be a lot of things to think about, especially when it comes to your business’s finances. When it comes to the finances of your business, one thing you will often need to think about is your working capital and whether or not you’re managing it in a way that will help your business grow. What Is Working Capital? Working capital is the capital that your business has that can be used in day to day operations. It is typically calculated as your current assets, after your debts or liabilities have been subtracted. It is the amount of money that you have free to use as you need to for your businesses. Successful companies tend to have more working capital on a regular basis, and therefore have more financial freedom to make decisions that will help move their business forward. How Is It Important For My Business? Your working capital, the amount of funds you have available at any given time, is important for your business because it c...

If you’re planning to start a company, one of the best things you can do is to break out of the mindset of living paycheck to paycheck. Instead, saving and budgeting is the name of the game. This will be a challenging task at times but it’s necessary to lay a foundation for success as an entrepreneur. It takes a combination of planning, organization, and delaying gratification. These techniques will help you see immediate changes and set positive behaviors in motion that will support you throughout your career. Check Your Credit Know your credit score. An online search will yield a few free options. Once you know it, you can rapidly improve your score by using a few key credit repair techniques. Effective money management requires both understanding your credit score and knowing how to improve it to the best of your ability. New business funding relies heavily on the credit score of the founder — you. Get Organized Keep track of your financial progress by recording all of yo...

Investing in long-term rental properties can be a great way to build income quickly, if you know how to do it. It’s not a guarantee, and it does take diligence and hard work to build a portfolio of residential and commercial rental properties that can support you with its income. The key is finding ways to lower your risk while raising your return on each investment. Most of the time, for those focused on residential investments, this means dedicating a healthy portion of any given portfolio to multifamily real estate. How Multifamily Properties Lower Risk When you finance a single-family dwelling, your entire income for the property goes away whenever you’re in-between clients. That means you’re out of pocket for any loan payments during the months it takes to turn and fill a property, as well as the utilities and any turnover costs for repairs, improvements, and marketing. When you buy duplexes or even larger properties like apartment buildings, the cost doesn’...

The merchant cash advance is one of the most versatile forms of short-term financing for small businesses that have a lot of income generated through electronic transactions. That’s because it uses your income through the merchant account’s deposits as the basis for a short-term advance, tying the payment to a percentage of those transactions each month. As a result, you can get the working capital you need to optimize your approach to high demand seasons and other short-term opportunities. Applying for an Advance Applications for merchant cash advance programs are typically simpler and easier than for long-term loans used to purchase assets. That being said, you’ll still need to disclose income and probably your credit score, as well as information about your merchant account’s monthly business volume. The account’s value is the primary factor in the advance’s approval and size, but the rest of your finances are used for context, so they do matter. T...

Making goods and providing services often means that you are waiting for customers to pay on invoices for the cash you need for supplies, bills and salaries. This can strain your cash flow and prevent you from making seasonal or time-sensitive purchases you need to grow or thrive. When your cash flow is tight because of outstanding invoices for goods or services already delivered to customers, you can turn to factoring or accounts receivables financing to get some needed slack. This process gives you an advance on qualifying invoices, so you have the cash you need for working capital while the customer still has time to pay. What Are the Benefits? Not only does financing your accounts receivables give you cash when you need it, that you are already owed, but it can free your company from the burden of collecting on those invoices. The fees associated are usually lower than the interest rate on a loan and the process has an easier application process. You can even apply online and get t...