Halloween 2018

Halloween 2018
October 2018

Sterling Commercial Credit wishes everyone a Happy Halloween! Our staff got in the Halloween Spirit with a costume contest. Click Read More to check out the creative costumes, and the winners!

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Dangers of Cash Advance Loans

Cash Advance Dangers
October 2018

A merchant cash advance was originally structured as a lump-sum payment to a business in exchange for an agreed-upon percentage of future credit card and / or debit card sales. These “merchant cash advance companies” are not loans-rather a sale of a portion of future credit and/or debit card sales. Therefore, merchant cash advance companies claim that they are not bound by state usury laws that limit lenders from charting high-interest rates. This technically allows them to operate in a largely unregulated market and charge much higher interest rates than banks.

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Client Appreciation Tigers Event

Tiger Suite 2018
August 2018

Thank you to all who joined Sterling at their Client Appreciation Event this past month.
Sterling Commercial Credit hosted their Client Appreciation event at Comerica Park on August 15, 2018. Business leaders from a variety of industries cheered on the Detroit Tigers v. Chicago White Sox.

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Rudy Scholarship Winners 2018!

Rudy Scholarship Winners 2018
June 2018

Congratulations to the recipients of Sterling Commercial Credit's Rudy Scholarship!
The students selected demonstrate characteristics similar to those of Rudy Ruettiger: Character | Ambition | Commitment | Courage | Contribution | Leadership | Perseverance | Ability to Overcome Obstacles.

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Congratulations Graduates!

Sterling Graduates 2018
June 2018

Sterling Commercial Credit would like to congratulate their clients on GRADUATION!
We are very proud of our clients on their hard work, and wish them the best in the future. Read More to see the list of our most recent graduates:

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March Madness with Sterling Commercial Credit

March Madness Winner2018
March 2018

Thank you to all of our brokers who participated in our final four bracket challenge! All qualified leads will receive their Gift Card in the next few weeks.

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March Madness with Sterling Commercial Credit

March Madness 2018
March 2018

Earn a $100 Gift Card for every qualified lead submitted between March 1st and April 15th, 2018, from Sterling Commercial Credit! *A qualified lead represents any transaction where Sterling issues a formal written proposal on BDO letterhead. Gift Cards will be mailed after the NCAA Championship Game.

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53 Deals Closed in 2017!

Deals Closed in 2017
January 2018

"Tthe road to success is not easy to navigate, but with hard work, drive and passion, it's possible to achieve the American dream. - Tommy Hilfiger"
2017 was an impressive year at Sterling Commercial Credit. Our brokers went above and beyond, closing 53 Deals in the amount of $15.3 Million! Keep up the good work and lets make 2018 even better!

Random Act of Kindness in the Brighton Michigan School District 2017

Brighton Michigan School District
December 2017

Sterling Commercial Credit participated in Random Act of Kindness with 9 team members making deliveries to families in need this holiday season. Delivering hundreds of presents to all the local Brighton Area Schools for children less fortunate, Sterling made sure there were many more smiles on Christmas morning.

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2017 National Alliance of Commercial Loan Brokers Conference - October 17-19

NACLB 2017
October 2017

The 3rd Annual NACLB Conference was held October 17-19 in Orlando, Florida. The conference provides education and networking between brokers, lenders, and service providers.

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Congratulations to our Rudy Scholarship Winners!

Rudy Scholarship Winners 2017
October 2017

Sterling Commercial Credit was proud to present Rudy Scholarships to four (4) student athletes at Brighton High School. Each student received $2,500 towards post-secondary studies of their choice. These students are able to reach higher, achieve more and fulfill their academic dreams.

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Sterling Cash Flow Partners

Cash Flow Partners
April 2017

Limited Spaces Available for May Training!

Sterling Cash Flow Partners is an exclusive opportunity for brokers who consistently perform above and beyond, and want to take their careers to the next level. We are now accepting applications for training May 16th to May 18th. Please visit www.SterlingCommercialCredit.com to learn more and to apply today!

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Sterling Atlanta is Getting the Band Back Together

Marietta Square
March 2017

Welcome our New Atlanta Team!

We are expanding our Atlanta Sales Office to include Credit and Underwriting Functions!

Joining Eric Benson on the Atlanta team will be former colleagues Tamara Wagner, with 14 years experience in underwriting and Dinah Carter, current Director of Sales at Sterling with 16 years of industry experience. With a combined 50+ years experience, Sterling Atlanta will team the funding capacity, servicing and online technology of a large lender with the flexibility and personal service of a small lender - the best of both worlds!

March Madness with Sterling Commercial Credit

Basketball
March 2017

Send Sterling a qualified lead, and receive a $200 Gift Card!

Between March 15th and April 15, 2017 qualified leads which receive a written proposal from Sterling on BDO letterhead will receive a $200 gift card. Gift cards will be mailed after the NCAA Championship Game.

Random Act of Kindness in the Brighton Michigan School District

Brighton Michigan School District
December 2016

Sterling participated in a Random Act of Kindness with 9 team members making deliveries to families in need in the Brighton Michigan School District.

Thank you to Barb, Erin, Stephanie, Erica, Jill, Amanda, Emily and W. Edwin for all of your assistance Monday for the delivery of over 140 presents to all the local Brighton Area Schools for children less fortunate; there will be many more smiles on Christmas morning.

4th Annual Networking Cruise | Setting the Course for Cash

4th Annual Networking Cruise
September 2016

Back in August, The Sterling Commercial Credit Team hosted their 4th Annual Detroit Princess Riverboat Client Appreciation and Networking Event.

Business leaders from a variety of industries, such as Business Advisors, Brokers, Bankers, CPAs and Attorneys, all enjoyed lunch, cocktails, and great live music, while sailing the River!

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2016 National Alliance of Commercial Loan Brokers Conference - October 4-6, 2016

2016 NACLB Conference
September 2016

Over 300 of the nation’s top commercial loan, leasing and mortgage brokers will be converging on Red Rock Resorts on October 4-6 to meet the top lenders and service providers that cater to the brokerage community. These brokers are responsible for over $5 billion in small business and commercial financing each year.

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Brighton High School Athletics Department

Brighton High School Athletics Department
September 2016

Sterling Commercial Credit is a proud sponsor of the Brighton High School Athletics Department. Come out and support the 2016 teams. Go Bulldogs!

Axial

”Axial allows you to get in front of a deal quickly. Being first to respond gets you a better turnaround rate. That’s what business owners want.”

Karen Small
January 2016

Sterling Commercial Credit is a family owned and operated financial service provider specializing in short term commercial lending. Sterling’s mission is to engineer creative working capital solutions for growth minded entrepreneurs, which allows them to follow their dream with an industry leading, transparent commercial lending partner.

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What kinds of businesses should benefit from Invoice Factoring

Sterling Commercial Credit Invoice Factoring
April 2015

Invoice factoring means the sale of invoices at a discount in exchange for immediate cash. However, it needs to be seen which types of businesses should avail this form of business financing. Here is a list:

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Asset Based Loans: Stats Tell the Story

Sterling Commercial Credit Asset Based Loans
February 2015

According to the latest statistics, it has been revealed that traditional lending is showing a downward turn and people are showing interest in asset based lending. In fact, growing by the uptrend in the asset based lending, it is expected to grow even more in the future. The overall volume of small business loans has been sliding down according to FDIC.

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Sterling Commercial Credit "Your Business Growth Partners"

January 2015
Michigan Banker
January 2015

Vol. 27, No. 1, January 2015

Asset-Based Lending: A Modern Overview

Sterling Commercial Credit Asset Based Lending
January 2015

Asset-based lending comprises of many different kind of loans that can be granted to a borrower wherein some kind of assets serve as the security. Factoring & asset based lines of credit are the two common type of asset-based loans which are practiced.

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Keeping the Entrepreneur Dream Alive

By Karen L. Small
Founding Partner of Sterling Commercial Credit

Karen Small
December 2014

Sterling Commercial Credit (SCC) is committed to those small to mid-sized businesses (SMBs) with annual sales of $500,000 – $25Million. This is something that we’re compelled to do. We have an opportunity to inject working capital in non-conventional ways. Without it many SMBs wouldn’t survive. Being an entrepreneur for the past 15-years, I can truly understand what it takes to walk in their shoes. I have lived every side of the ledger from banker, borrower, lender, business owner, loan guarantor, and even a collateral field examiner.

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Why Do Bank's Say No?

Bank Loan denied
December 2014

Why Banks Reject Loan Applications

For small business owners looking for a loan for their growth it can be very difficult to find a financial partner. Unlike invoice factoring, it is very difficult to get the approval for a small business loan (under $250,000) from a bank. In fact, it is a very lengthy and complicated process. There are some common themes which can prevent you from getting the funds from a bank, which you need for your business.

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