Posts by Financial Consulting Inc
Investing in Farmland is an Excellent Way to Build and Store Wealth
Farmland: Where the Wealthy Store Their Money Higher net worth people know from experience that the key to growing and storing wealth is through leveraging real estate, particularly agricultural real estate. As the saying goes about land, “it’s the one thing they’re not making more of.” Many people with wealth prefer to store it in…
Read MoreBusinessManager Proves the Ideal Working Capital Solution for Energy Sector Client
An oilfield equipment services company that serves customers in Oklahoma and surrounding areas has seen and weathered the ebbs and flows of the energy sector economy. Having adequate access to working capital is critical to sustaining this company’s success. Since September 2018, the company has used BusinessManager as an affordable source of working capital that…
Read MoreVC3 Angus Ranch Secures Loan with Help from FCI
Dustin and Shelly Van Cleave spent almost 14 years planning, researching and developing their vision for an angus seedstock operation that is today a successful operation known as the VC3 Angus Ranch. After selling a family business, the couple embarked upon their dream to start the VC3 Angus Ranch in 2017. They had a rock-solid…
Read MoreFSA Loans Helped Oklahoma Farmer Save $30,000 in Interest
Brian Rogers farms near Aline, Oklahoma, where he also provides mechanic services and runs a custom hay business to supplement his farm income. He went through a period of financial difficulty and needed some help to get through it. “With commodity prices the way they are, it’s a little tough on us little guys,” said…
Read MoreHow Can You Get Cash for Your Growing Business?
My dad was a carpenter by trade, and we also had a small farming operation. I have many fond memories of my dad figuring numbers for jobs, supplies, measurements, plans, ratios, average daily gain, yields, and much more. Numbers like these are the vital statistics of a business. As a business owner, you need to…
Read MoreThe Hurdles of Getting Farm Loans in Oklahoma
Oklahoma is a wonderful place to live and work the land. However, having enough capital to sustain your farm isn’t always easy. For the Oklahoma farmer who’s trying to get farm loans to stay afloat, here are some things to look out for. Margins are tighter than ever. The cost of land and equipment have…
Read MoreThree Common Obstacles to Getting a Small Business Administration Loan
Small business owners are the backbone of our economy. Whether you’re financing a new venture or looking to expand your current operation, a small business administration loan can be the key to unlocking your business’s future. Here are three hurdles you may encounter when applying for a loan. Poor Credit Score Even good people sometimes have bad credit.…
Read MoreStruggling To Get Farm Financing You Need To Keep You Afloat? What Are Your Options?
Running a farm is more than just a job; it’s a way of life. With a feast-or-famine workday and crop or livestock yields that can be wildly impacted by many factors outside your control, keeping your farm cash-flow positive all year long can often be a challenge. For these reasons farmers can have a hard…
Read MoreApplying for a Small Business Loan? You Need to Know About These 7 Hurdles
Applying for small business loans can be frustrating, and according to some surveys, lenders reject roughly 66 percent of applications. Three of the most common obstacles to getting SBA 7a loans are poor credit scores, lack of business assets and no business plan, but beyond that, there are other hurdles in the process. To improve your…
Read MoreHow a Business Loan Can Help With Poor Cash Flow Issues
Running a small business is not an easy task, especially when your cash flow is not as positive as you would like. Did you know that 25% of all small businesses fail from poor cash flow? If your small business has cash flow issues, here are three important things to know.
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