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How Do I get a Business Loan with Bad Credit?

How Do I get a Business Loan with Bad Credit?

by RidgestoneAdmin | May 1, 2020 | Small Business Loans

According to a report published by the Small Business Administration, over $10 billion was loaned to small businesses between January 1 and April 17, 2020, in the form of 7(a) loans. In the same 4.5-month period, over $55 million was loaned in the form of Community...
What is Equipment Depreciation and How Do I Calculate It?

What is Equipment Depreciation and How Do I Calculate It?

by RidgestoneAdmin | Apr 15, 2020 | Equipment Financing

Depreciation is an accounting term that shows the decreasing value of assets bought for a business. It indicates the value of your assets, including any equipment used in running the business, that has been used up and helps you expense a portion of costs every year...
What Are the Best Options for Used Equipment Financing?

What Are the Best Options for Used Equipment Financing?

by RidgestoneAdmin | Apr 1, 2020 | Equipment Financing

Whether you are paving roads or writing software, you will probably need to replace, buy, or upgrade your work-related equipment at some point. Purchasing the equipment upfront might be challenging for a small business, primarily due to the expensive overhead costs...
The 4 Best Restaurant Franchise Financing Options

The 4 Best Restaurant Franchise Financing Options

by RidgestoneAdmin | Mar 15, 2020 | Restaurant Financing

Offering you both the independence to be your own boss as a small business owner, and the support from an already established large corporation, franchises offer the best opportunity for everyone with the desire of becoming an entrepreneur. Many people across all...
What is Your PAYDEX Score and How Do You Improve It?

What is Your PAYDEX Score and How Do You Improve It?

by RidgestoneAdmin | Mar 1, 2020 | Small Business Loans

As a business owner, you have heard the term PAYDEX but may not know exactly what that term means and more importantly what it means for your business. When trying to secure funding for a business loan your company’s PAYDEX score will be an important determining...
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