GIP17 Getting Loans for Landscape Business Owners in our Series on Finance

This is an unconventional article on a conventional topic - getting loans. Without knowing your business situation I will assume using cash instead of borrowing is an option. Here was my first lesson in small business finance - cash is your rarest resource and only use it to (1) buy an appreciating asset (building) or (2) something that generates revenue (new equipment). Otherwise do you need it? If the answer is yes, look at your financing options.

Podcast Topics;

• Cash is a rare resource
• Type of incorporation determine the type of loans
• Purpose for getting a loan
• Leasing as an option
• Impact on and by credit rating
• Alternative financing
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