Business Financing

CPA Firm Los Angeles » Business Financing

Every business needs financing from time to time. Whether you’re a startup looking for funds to establish your business, or you’ve been in business for years and are looking for ways to expand, the tools of financing can help you access the funds you need.

We provide a full range of consulting services at Elias Aziz-Lavi CPA, including business financing. We can help you seek out sources of funding, untangle the details such as interest rates, payment periods, and necessary application information, and chart a plan to allow your business to thrive.

Types of Business Financing

Business financing falls into two broad categories: debt and equity. In debt financing, your business takes out a loan, which you must repay with interest but can be used to grow or solidify your daily operations. In equity financing, your business offers a percentage of ownership (shares) in exchange for investment. Here are some of the most common types of business financing that Elias Aziz-Lavi CPA can assist you with:
  • Bank loans: This is one of the oldest and most reliable forms of financing. Banks are generally cautious investors who take on minimal risk, so you should be prepared to demonstrate that your business has a solid foundation and will be able to repay the loan.
  • SBA loans: The SBA (Small Business Administration) is a federal government program that partners with lenders to get small businesses the funding they need. There are many types of SBA loans optimized for different needs, such as real estate or small cash infusions.
  • Line of credit: You can establish a line of credit with a bank, borrowing the funds that you need and paying them back. You can also look into getting a business credit card. Credit-based loans tend to have higher interest rates than other types of loans, but may come with perks and rewards.
  • Grants: Grants are the holy grail of business financing, because they’re “free money” that doesn’t have to be paid back. We can help you determine what grants you may be eligible for.
The world of business financing is complex and difficult to navigate for new business owners. Fortunately, we can steer you toward the best financing options based on your goals, cash flow, credit score, and time in business. Contact Elias Aziz-Lavi CPA for business financing options in the Los Angeles metro area.