Best West Direct: How to Jumpstart Your Company with a Arizona Business Loan

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Thursday, September 5, 2019

How to Jumpstart Your Company with a Arizona Business Loan

Whether you need a launch a company or complete an important project to grow your company, a hard money Arizona Business Loan might be a good option for you. Here's a rundown of how it works.

If you're a business owner, you know it all too well — running a company is hard work. You put your blood, your sweat, your tears, and even your soul into your business. Its fortunes are often tied to yours; if it succeeds, you succeed and if it fails, it can send your life into a tailspin. Making your business a success means both starting it on solid footing and being able to adapt to change.

What do both of those things take? Money. If you've been turned down for a traditional loan for your company by the bank, it might feel like you have to put your dreams on hold. Like you'll never get your business off the ground or you'll lose the business you have.

Luckily, the banks aren't the only place to get a loan. Hard money Arizona Business Loans may also be an option for you.

How a Hard Money Business Loan Can Help

Arizona Hard Money Loans are an alternative to bank loans. Banks might dissect every aspect of your company's finances, your financial history and even your life to decide whether you're worthy of a loan, but Arizona Hard Money Loans work differently. They're secured with collateral (for instance, a home or other property), meaning you don't have to jump through hoops to try to get approved.

To get one, you'll want to understand your loan-to-value ratio. Here's an example. Let's say Jane Doe Clothing has an expansion project that's projected to cost $200,000 dollars and they need to borrow at least $150,000 to fund it. $150,000 is 75% of $200,000, so they would have a loan-to-value ratio (LTV) of 75. When they approach a hard money lender, that figure will play a role in approval and the rates and terms they'll get.

Hard money Arizona Business Loans are also faster than traditional loans, but they can also come with higher interest rates and strict repayment guidelines.

Business Loans in Arizona

Level 4 Funding is your source for business funding in the state of Arizona. We've got decades of experience helping business owners get the loans they need to succeed. Give us a call or send us an email today to see how we can help.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
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