Driftwater Loans, a small-business funding service in Fort Myers, Florida, publishes articles that answer owner questions in depth: equipment financing, restaurant and hotel projects, auto repair shops, medical equipment and business acquisitions in Lee County.
What Is Global Cash Flow? A Fort Myers, FL Answer
Global cash flow adds the business's cash flow to the owners' personal income and debts to see whether, together, they can carry a new payment. Partners use it when owners sign a personal guarantee, because a guarantor's own obligations affect the risk. Expect to share personal tax returns and a personal financial statement for larger requests.
What Is Cash Flow Lending? A Fort Myers, FL Answer
Cash flow lending sizes a loan on what the business earns rather than on what it owns. The partner reads deposits, profit and existing payments and sets the amount the income can carry. It suits service businesses with few hard assets; asset-based lending, by contrast, sizes the loan on equipment, receivables or stock.
How to Get Working Capital? Steps for Fort Myers, FL Owners
Name the gap and its end date, gather recent statements, and call (239) 453-0635 or send the request form. The working capital page explains how partners size the amount.
What Is Monthly Cash Flow? A Fort Myers, FL Answer
Monthly cash flow is the money that came in during the month minus the money that went out. It differs from profit because it counts when cash moves, not when a sale is booked. A business can be profitable and still short of cash in a month when customers pay late and suppliers do not wait.
What Is a Cash Flow Loan? The Short Answer for Lee County, FL
A cash flow loan is a business loan sized and approved on the business's earnings and deposits, sometimes without specific collateral beyond a general lien or a personal guarantee. Working capital loans and some lines of credit work this way. Compare its total cost with an asset-backed option before choosing.
By Driftwater Loans · Updated