Large Business Loans

According to Forbes, the economic forecast for larger businesses is positive for most sectors for 2016 into 2017. These projections are based on upticks in housing construction, business capital spending and reduced dependence on imported energy. Here is a brief overview, and we’ll follow with our large business loans advisory.

  • Consumer Spending: expected to grow in pace with the economy. Cautious consumers are withdrawing from spending, spending indexes indicate that the majority are not.
  • Housing Starts are on the verge of significant growth. Current population growth justifies 1.4 million starts annually. However, the U.S. is still working off the surplus housing that was created by the last recession. This year the excess will be sold which should trigger a forecasted 10% residential construction gain for 2016.
  • Uptick in Business Capital Spending: Manufacturing production has already increased by 5% in 2015. Projections see this trend continuing as companies upgrade or add equipment.
  • Interest Rates: Expected to rise slightly as the Federal Reserve has held back on raising rates for some time.
  • Governmental Spending: State and local government expected to raise spending by 3-5%.
  • Stock Market: Higher interest rates projected to be offset by economic growth which will influence stock prices upward.
  • Business Plans: Cautious optimism with a caveat toward not over-expanding.

Business Lending with a Personal Touch

As with any business plan moderation is key. Large business loans are readily available through traditional lenders, however receiving an approval and funding may take weeks if not months. For most businesses, of any size, timing is everything. When the opportunity arises, and with it the need for increased working capital, will your banker be able to come through for you? If your lender is National Business Capital, a leading alternative lender who has successfully loaned millions of dollars to businesses of every size and industry, the answer is yes. Our decisions are made within 24 hours or less and funds are available within a few days. We do not require a spotless credit record and even an open tax lien is not a deal breaker. Our application takes only a couple of minutes. Isn’t this the kind of lender you want to do business with? Call us: (888) 888-9124!

National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!

About the Author, Megan Capobianco

Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advise from National Business Capital & Services and the author. Do no rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely in this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there maybe errors, omissions, or mistakes.