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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Commercial Factoring: A Few Essential Factors

Sterling Commercial Credit Commercial Factoring
November 2014

When businesses, no matter what size they are of, are in need of fund, the commonest option for them today is commercial factoring. Small, medium and even large companies prefer factoring to bank loans. One prime reason is that commercial factoring helps you get cash in less than 24 hours, while banks will take a considerably long time, if at all they sanction the loan, which they do not do on most occasions.

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Asset-Based Financing Basics

Sterling Commercial Credit Asset Based Financing
March 2014

Asset-based lending was once considered the least preferred among all the traditional financing options but is fast gaining popularity now. Asset-based lending has become a favourable choice for companies that do not enjoy a track record or credit rating sufficient to qualify for other type of financing.

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Cash Flow Crisses

Sterling Commercial Credit Invoice Factoring
October 2014

Many successful businesses face cash flow challenges each week juggling the short term assets and short term liabilities. Often times this is a simple comparison of Accounts Receivables and Accounts Payable and the Checkbook. If Sales is the blood of a business than cash flow is the heart of the business. Having access to cash is critical to the success of any business manager. Time and time again I meet Entrepreneurs who have large projects and purchase orders in hand, but not enough CASH FLOW to execute to start working on them.

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Spring Special with Sterling!

Spring Special with Sterling
June 2017

All Deals Closed between April 15th and July 31st
will be rewarded with a YETI Give-a-way!

*Prizes will be shipped out monthly based on the size of the loan closed. To learn more about Sterling's Spring Special and to Submit Your Deal, see below.

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Rudy Scholarship 2017

Rudy Scholarship 2017
April 2017

Character | Ambition | Commitment | Courage | Contribution | Leadership

Preparation is what comes from struggle. Knowledge comes from preparation. These are the elements that pave the road to your Dream. If we do not prepare, we will not succeed. Set your goals and pursue your Dreams with all your heart. If you miss a goal, don't quit. Reset it! You just need to learn more...step by step, you will win!Rudy Ruettiger
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March Madness with Sterling Commercial Credit - Follow Up

April 2017

Sterling Commercial Credit would like to thank the Referral sources for the 22 new leads during the March Madness Tournament. Each Referral source will receive a $200 gift for the promotion. A special thanks to:

Trey Pearce
Wayne Cantwel
Mark Allen
Aaron Gaffner