Empire Finance Brokers

Tips for Preparing a Successful Small Business Loan Application

Tips for Preparing a Successful Small Business Loan Application

Understand Your Financials: Ensure a thorough understanding of your business financials. This includes profit and loss statements, balance sheets, cash flow statements, and any other relevant financial documentation. Clear financials demonstrate your business’s stability and growth potential. Create a Detailed Business Plan: Develop a comprehensive business plan that outlines your business goals, target market, competitive […]

Navigating the Benefits of a Business Line of Credit

Navigating the benefits of a Business Line of Credit

What is a Business Line of Credit? Think of a business line of credit as an always-available source of funding. Unlike getting a lump sum upfront, you draw down on the funds as you need them. If approved, you can access part or all of the funds during the facility’s term, usually 24 months. You […]