wade lewis

Business Finance Consultant: Equipment Lease and Loans

If you don’t understand the difference between a lease and a loan, you are not alone. Many business owners continue to finance their equipment the “old fashioned" way, through loans, because they don’t fully understand the potential benefits of leasing th... Read >

Business Finance Consultant: Factoring and Accounts Receivable

Factoring, also known as “cash for receivables," is the conversion of a business accounts receivables into immediate cash by the outright purchase of its receivables, at a discount by a factor. Factoring is not a loan and is not based on a business abili... Read >

Business Finance Consultant: Points and Interest Rates

Even the most experienced business owners have difficulty understanding the relationship between the interest rate and the points or fees associated with their loans. The reality is that the two are directly related in that “points" are nothing more than ... Read >

Types of Business Loans

Every business has six major components necessary to operate. These are personnel, equipment, housing, products and services, and last but most vital, is capital. It takes capital to get the other five. Business owners often fear banks and commercial fina... Read >