Financial IT’s Post

Rapid Finance and Ramp Join Forces! 🤝 Big news for small businesses! Rapid Finance, a leader in working capital, and Ramp, the spend management platform, have teamed up! 💼 Starting today, businesses on Ramp's platform enjoy exclusive access to Rapid Finance's financing options. Follow us here on LinkedIn and Twitter, click the link below to explore the collaboration. 👇 Twitter - https://lnkd.in/eXwhucA6 #RapidFinance #Ramp #SMEFinance #Finance #Fintech Michael Cohen, Will Tumulty, Eric Glyman

We've teamed up with Ramp to provide small businesses on Ramp's platform with preferred access to our financing options. #SMBs in today's high-interest rate environment need financial options to grow and plan for short and long-term success. Both Rapid Finance and Ramp share a commitment to help cultivate healthier businesses by providing the tools and resources needed to succeed. #BusinessPartnership #SmallBusiness #Finance https://lnkd.in/g55m7ntz

Small businesses often grapple with securing sufficient funding and achieving financial stability. However, a timely partnership between Rapid Finance and ASBN is set to revolutionize how small businesses access funding and manage financial hurdles. Rapid Finance, a trusted partner for small businesses since 2005, has provided over $3 billion in funding, demonstrating their commitment to bridging the financing gap. On the other hand, ASBN, a leading platform for small businesses, provides a platform for knowledge-sharing and networking. This collaboration aims to provide small businesses with exclusive access to funding solutions and a comprehensive growth platform. Interestingly, Rapid Finance has also partnered with Ramp, a finance automation software provider, to streamline financial processes, allowing small businesses to focus more on their core operations and growth strategies. This alliance, spearheaded by Michael Cohen, VP of Partnerships at Ramp, underscores the importance of strategic collaborations and technology in empowering small businesses. In an era where securing funding remains a major challenge for small businesses, this partnership offers a beacon of hope, fostering sustainable growth and resilience in a highly competitive landscape. Your thoughts on this are highly appreciated. Please share your views in the comments. Original article: https://lnkd.in/e_a476QY

Rate VS amortization- which has a greater impact on Cash Flow???   In the world of commercial finance, our attention is often drawn to interest rates when making financial choices. Yet, let's take a deeper dive into a vital but frequently underestimated factor: AMORTIZATION While interest rates often command attention for more apparent reasons; it's essential to take a deeper look at how adjustments in amortization can significantly impact cash flow. Here's why: Changes in amortization, whether increasing or decreasing, typically have a more pronounced effect on cash flow compared to rate adjustments. For instance, consider a $500,000 Term loan with a 5% straight line repayment over 10 years.  This would give an interest payment of $25,000/year (declining) with a capital repayment of $50,000/year, for a total of $75,000/year. Let us now play with rate and amortization to demonstrate their respective impact on payment annually: Rate increases to 10% while amortization stays at 10 years: interest payment = $50,000/year and capital = $50,000/year, for a total Annual payment of $100,000 Rate stays at 5% but amortization is increased to 20 years: interest payment is $25,000/year and the capital = $25,000/year, for a total Annual payment of $50,000 Extending the amortization period to 20 years, despite the same interest rate, notably reduces the annual payments, thereby improving cash flow.   Time-Risk Relationship:  Understanding the correlation between time and risk is crucial. Extending the repayment period may come with a higher interest rate, but it could be a strategic decision. As depicted in the graph below, while time increases, so might the rate, but the trade-off may enhance cash flow stability and mitigate risk.   Assessing for Your Business:  Evaluating the impact of amortization changes demands a comprehensive approach: 📌 Conduct thorough financial analysis, scrutinizing both rate and amortization terms. 📌 Create detailed cash flow projections under various scenarios, considering different amortization periods. 📌 Assess associated risks and benefits of altering amortization schedules. 📌 Seek guidance from financial experts to navigate complex decisions effectively. Remember, while interest rates are noteworthy, understanding amortization is crucial for optimizing cash flow and fostering financial resilience. Let's prioritize this aspect of commercial finance for sustainable growth.   Are you maximizing your cash flow potential? How are you using amortization to strengthen your finances and fuel growth? Share your insights and let's discuss! ⬇ www.shaffercapital.ca

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🌟 🌟Why use me to secure your business finance? 🌟🌟 🤩One of the key benefits of working with me is the personalised customer service I offer. 🤩When dealing with myself, clients can expect to work with an individual who will take the time to understand their unique financial situation and business needs. 🤩 I understand that every client is different, and will tailor my services to meet your individual needs. This can include providing guidance on the most suitable finance products, as well as assistance with the application process and ongoing support. 🤩By working with me, clients can benefit from a dedicated point of contact who can answer questions and provide personalised guidance throughout the financing process. 🤩Particularly beneficial for small businesses or startups, who may not have a dedicated finance team or may be unfamiliar with the financing process. #businessfinance simplified 🙌🏼 Call me today 07931309808 or email jemma@equipmentfinance-uk.com to find out how to secure your #assetfinance #constructionfinance #commercialfinance #machineryfinance and everything finance 🤩

I specialise in helping businesses access the crucial capital they need to grow and thrive. One of the powerful tools in our toolkit is 'Asset Finance.' 🛠️ 🔍 So, what's Asset Finance all about? Essentially, it's a smart way for businesses to acquire assets (like machinery, vehicles, or equipment) without shelling out a lump sum upfront. 💰 Instead, they opt for financing options tailored to their needs. 💼 Here's why Asset Finance matters: 1️⃣ **Preserve Cash Flow:** It enables businesses to retain working capital for day-to-day operations. 2️⃣ **Up-to-Date Equipment:** Stay competitive with the latest tech and tools. 3️⃣ **Tax Benefits:** Often, interest and depreciation can be tax-deductible. 4️⃣ **Flexible Terms:** Tailor repayment schedules to your business cycles. 🤝🏽 I connect businesses with lenders offering competitive rates and terms, making the process smooth and hassle-free. 🚀 Whether you're a startup looking to scale or an established business needing an upgrade, Asset Finance can be a game-changer. Let's chat about how it could work for you! 💬 #AssetFinance #BusinessGrowth #FinancialInsights #businessfinance #sme #finance #growth #cashflow

Ever feel like boosting your business’s potential but not sure where to begin? The world of funding may seem vast, but Nucleus makes it a breeze to navigate 🗺️ Our diverse funding options are designed to cater to your unique business needs, ensuring you find the perfect fit ✨ Browse our solutions today and take the first step towards a thriving future: https://lnkd.in/ePwn8p6R #finance #lending #fintech

In search of additional funds to fuel the growth of your small business? Discover how technology is changing the game in securing financial backing. #TechForSmallBiz #InnovativeBusinessFunding https://lnkd.in/ek9sxjR2 

🙂 We love helping businesses access funding! 🙂 And the businesses we help access funding love us (we hope!)! 🤝 A large part of the companies and their owners we arrange finance for are repeat clients, people and businesses we get to know and form a long lasting relationship with. 🤔 Why? Because we represent them, we fight their corner, we are an extension of their finance team at that particular time. Meaning the most appropriate product and the best possible terms. 💪 We love seeing our client go from strength to strength and hope we help play a part in that! 📈 #businessfinance #cashflow #cashflowfunding #workingcapital #businessgrowth