Ivyfield Funding Group, a Greenville, Mississippi small-business funding service, answers frequent owner questions: what an SME working capital loan is, whether equipment financing counts as debt or as a loan, whether a merchant cash advance is a good idea or a loan, and what Term Loan A and Term Loan B mean. Each answer links to the page that covers the topic in depth.
What Is an SME Working Capital Loan? Food Cost and Fryer Examples From Greenville, MS
SME stands for small and medium-sized enterprise, and an SME working capital loan is short-term credit for the daily costs of such a business. For a restaurant that means food deliveries, fryer oil, wages and a fryer that needs replacing before the slow stretch ends. The working capital page covers sizing and costs.
Is Equipment Financing Debt? What Washington County, MS Child Care Centers Weigh
Yes: an equipment loan is debt on the balance sheet, and a lease may be recorded as a liability too under current accounting rules. A child care center financing a passenger van or playground set takes on a payment obligation either way. Ask your accountant how a lease is recorded for your business. Child day care services had 27 employer locations in Washington County, MS in 2023 (Census Bureau, County Business Patterns 2023).
Is Equipment Financing a Loan? A Greenville, MS Look at Enrollment Gaps
An equipment loan is a loan secured by the item. An equipment lease is a rental with possible buyout terms. For a center whose enrollment dips at times, the payment is fixed either way, so check that the low months can carry it. See equipment financing.
Is a Merchant Cash Advance a Good Idea? Answers for Greenville, MS Contractors
It can be a fit for a short, specific gap when the total cost has been added up in dollars and set against what the money earns. It is a poor fit for long projects or for a contractor whose income arrives as progress payments rather than daily card sales. The merchant cash advance page shows a worked, invented example of the total.
Is a Merchant Cash Advance a Loan? Notes for Trade Contractors in Greenville, MS
No. With a merchant cash advance, a provider buys a slice of receivables the business has not yet collected. The provider collects an agreed share of sales until a fixed amount is reached; there is no interest rate, but there is a factor that sets the total.
What Are Term Loan A and Term Loan B? A Washington County, MS Station Owner's Reading
Term Loan A and Term Loan B are labels from large-company finance: an amortizing loan held by banks (A) and a longer loan with small scheduled payments sold to institutional investors (B). A station or c-store owner is unlikely to see either. What matters at that size is a standard business term loan: one sum, fixed installments, a set term.
Longer answers: the six options compared, the stages of a request and the request form.
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