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1West blog

The beliefs behind the money.

We believe in small business. So we’re inspired by the stories behind them. Read how businesses of all shapes and sizes turned the right loans into their own versions of success.

Popular Business Loans for Insurance Agents

Popular Business Loans for Insurance Agents

Looking to take your insurance agency to the next level? You’re in the right place! In this article, we’ll explore the top business loans for insurance agents. These financial tools can help you grow your business, invest in technology, and expand your services. Small Business Administration (SBA) Loans SBA loans

  • by Nathan Armstrong
  • September 25, 2023
financing a laundromat business

10 Tips to Financing a Laundromat Business

Starting a laundromat business can be a lucrative venture, offering a steady stream of income in a recession-resistant industry. However, like any other business, financing is a critical aspect of turning your dream of owning a laundromat into a reality. Whether you’re looking to start one from scratch or you

  • by Nathan Armstrong
  • September 11, 2023
Tips When Getting Loans for Financial Advisors

Tips When Getting Loans for Financial Advisors

When it comes to managing finances, even financial advisors may find themselves in need of extra capital to fuel their ventures or address unexpected expenses. This is where loans for financial advisors come into play. Just like any other borrower, financial advisors need to approach the lending process, from the

  • by Nathan Armstrong
  • August 28, 2023
10 Mistakes to Avoid While Getting Quick Restaurant Funding

10 Mistakes to Avoid While Getting Quick Restaurant Funding

Starting and running a restaurant business can be an exciting venture, but it often requires a significant amount of capital to get off the ground or to sustain operations during challenging times. Quick restaurant funding can provide the necessary financial boost, but it’s essential to approach the process with caution

  • by Nathan Armstrong
  • August 14, 2023
how to get a loan for your restaurant business

How to Get a Loan for Your Restaurant Business

Starting or expanding a restaurant business can be a thrilling venture, but it often requires significant capital investment. When personal savings and investments fall short, knowing how to get a loan for your venture is your best bet. In this article, we’ll outline the essential steps to properly apply for

  • by Nathan Armstrong
  • July 31, 2023
small business loans quick

How Credit Scores Affect Fast Small Business Loan Approvals

Credit scores wield a profound influence in the world of fast small business loan approvals. As a crucial financial metric, lenders use it when assessing a business’s creditworthiness. So if you want to get small business loans quick, best make sure your score is high enough. In this article, we’ll

  • by Nathan Armstrong
  • July 24, 2023
Tips to Create a Solid Business Plan for SBA Loan Applications

Tips to Create a Solid Business Plan for SBA Loan Applications

Crafting a robust business plan is crucial when seeking financial assistance from the Small Business Administration (SBA). So to help you out, this article will offer you essential tips so you can create a rock-solid business plan for SBA loan applications. From outlining your company’s vision and market analysis to

  • by Nathan Armstrong
  • June 19, 2023
Can You Apply for SBA Loan Twice?

Can You Apply for SBA Loan Twice?

Endorsed by the Small Business Administration, SBA loan programs are invaluable resources for entrepreneurs seeking funding for their ventures. However, a common question arises: Can you apply for an SBA loan twice? In this article, we’ll answer that question. For good measure, we’ll also list some of the factors to

  • by Nathan Armstrong
  • June 5, 2023
Business Loan or Credit Card

Business Loan or Credit Card: Which is Better for You?

When it comes to financing options for businesses, the decision between business loan or credit card can have significant implications. This article aims to shed light on the question of which option is better for you by examining the characteristics, advantages, and disadvantages of both business loans and credit cards.

  • by Nathan Armstrong
  • May 8, 2023
down payment for business loan

Mistakes to Avoid When Making Down Payments for Business Loans

Making a down payment for business loan can be a significant financial commitment for many entrepreneurs. However, keep in mind that there are several mistakes you need to avoid during the process. So to help you out, we listed 10 of these missteps below: Not Understanding the Lender’s Down Payment

  • by Nathan Armstrong
  • April 10, 2023