Practical guidance from Rexford Commercial Capital.
May 8, 2023
It can be a challenge to stay ahead of your expenses when you have to wait a month to get the money that is owed to you. You may have to put off essential repairs or changes that should be completed immediately. When you use AR Financing, you get your cash right away while your lender works with your customer. Here are a few benefits of using your invoices to get a loan.
Read More →April 3, 2023
Busy professionals and entrepreneurs typically tend to have strong work ethics and drive. However, it is important to recognize that continually working with vigor and being willing to put in the hard work that’s necessary to overcome formidable challenges can be both physically and psychologically draining. Taking active steps to maintain your momentum and wherewithal can help you surmount obstacles, do good work, and reach your goals.
Cultivate Smart Habits
Read More →March 6, 2023
For real estate investors, commercial bridge loans can be a lifesaver. There are times when such professionals seek short-term financing to fill a need while they make arrangements for a more permanent lending arrangement. There are numerous pros and cons to these borrowing scenarios that deserve consideration. Here are some that responsible players in the real estate game ought to weigh before signing on the dotted line.
Pros
One advantage is that bridge loans are speedy. If you’re looking for a quick cash injection, the application process remains a cinch, and you may have your money in a few short days.
Read More →February 6, 2023
When it comes to financing for your small business, the SBA is often the best resource you can find. Not only do the loans from its flagship programs provide you with advantageous rates and easier approval requirements than traditional bank loans, but they also have other features designed to help you succeed. One of the most important investment tools for new business owners is the 504 loan program. This SBA loan package is designed to finance multiple asset purchases at once, allowing you to purchase a building for your operation and the machines needed to get it up and running, all from a single pool of capital.
Read More →January 9, 2023
Real estate investment is competitive, and that means it can be risky. When you are looking to close in a market with stiff competition from other investors at both the inventory acquisition and resale stages, the cost of your financing becomes important. Lower capital costs translate to higher profits and more growth in your portfolio, and sometimes that means using bridge loans for commercial real estate. While they have higher interest rates than long-term loans, their short terms and structure often make them less expensive.
Read More →December 12, 2022
Many small business owners wind up with the impression that finding financing is difficult for small companies. While that might be true for certain kinds of bank loans, it is not universally true. In fact, some short-term credit products are incredibly easy to qualify for, provided you have an asset to use as collateral and clear documentation of your company’s monthly income. Business lines of credit are flexible and reusable and they leave you with additional options like invoice financing if you need to dig in for funding from two sources to make the most of an opportunity.
Read More →November 14, 2022
Your production directly affects your success and ability to reach your goals. If you are like most productive individuals, you wake up with a to-do list, but do you finish it every day? It’s easy to get distracted, and unexpected things come up throughout the day that may tear you away from your to-do list. These are a few tips to increase your productivity.
Prioritize Your List
You may have five, 10 or even 20 items on your to-do list, but they don’t have the same priority level. Some are quick things that aren’t very important, while others need to be addressed immediately. Therefore, choose three things on your to-do list that you absolutely have to finish that day. Then, prioritize the rest of your list.
Read More →August 24, 2022
All around the world, we are still in the midst of The Great Resignation. As headlines continue to publicize the fact that recent quitters are happy with their decision, more and more are moving in this direction.
For many years, poor management has been a primary driver of resignations. Almost 2/3 of people quit their boss- not their company. However, it is the company that suffers because replacing an employee is expensive and these days, it’s getting harder to recruit and retain top talent.
Read More →August 17, 2022
The Tax Cuts and Jobs Act, or TCJA, went into effect in 2017. However, that’s basically all that anyone knows about it. This makes sense because taxes are hard to understand, which is why most small business owners hire an accountant to handle their financials.
However, it’s important that you at least know the basics of the TCJA because the changes to the federal tax code may have an effect on your business.
Read More →August 10, 2022
These days, most people live on their mobile devices. Business owners use them to stay connected while traveling between appointments/job sites, or to check-in while on their personal time. Since we live in such a fast-paced society, it’s hard to find time to sit down at a desk or in front of your computer to take care of the bookkeeping tasks needed to keep your business functioning- whether this means looking up information or getting your invoices out on time.
Read More →Reach out however works best for you. We respond to all inquiries within one business day.
