Facts About Small Business Growth & Financing
Florida Private Investors | Orlando Commercial Loans
If you own a small business, you probably know the importance of having financial resources to grow your business. The Small Business Administration recently released a few facts about small business growth, like 34 percent of small businesses take out a line of credit and around 55 percent of small business owners have taken out a loan, line of credit or capital lease to run their business or help it grow. Knowing facts like these can help you as a small business owner know what options you have.
The Small Business Administration also said that 46 percent of owners of small businesses use their personal credit card to finance the company, 11 years is the average that small businesses are running, and California, Utah, Nevada, Washington and Florida are the states with the highest growth for small businesses. If you are running a start-up, 39 percent of start-ups last six years or more, while 66 percent last two years.
The best way for small business growth to happen is through additional resources. That is where Shop Commercial Mortgage comes in. If you have been turned down by a traditional bank for business financing, we can help. We focus on commercial hard money loans and do our best to make getting money for you easy. We have closing times between 10 and 21 days and secure the loan with your free and clear equity on your commercial building. We offer terms of 1/3/5/7 years and loan sizes between $50,000 and $10 million.
If you want to see your business grow, contact Shop Commercial Mortgage and let us find you the financing you need. We never charge any due diligence fees, and we pride ourselves on experience and honesty. To get started, call us today for a free commercial quote and consultation at 813-516-5210 or fill out a request online. We offer commercial hard money loans in all of FL, California and even New York! For more information feel free to contact our Florida Hard Money Investor today!