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Squire provides complete and personalized tax management and planning solutions to meet your needs.

Blog

Squire provides complete and personalized tax management and planning solutions to meet your needs.

QuickBooks Financing: Providing Funding to Small Businesses

The Problem

One of the struggles that many small businesses have is finding easy, quick, and/or affordable financing. With the statistics against small businesses from the start, a startup’s quickest path to failure is a lack of necessary cash to bring its product to market. In a survey conducted by QuickBooks, 60 percent of small businesses need extra funding in order to grow, or even continue business. On top of that, 70 percent of small businesses have applications for funding declined by lenders.

Small businesses typically have a tough time getting the money they need for a couple reasons. The first reason is that many small businesses haven’t been around long enough to establish a sufficient credit history. Lenders then have to turn to the personal credit history of the applicant. Second, many small businesses don’t have the time or money to spend going to every bank and lender around town just to find the right loan, or any loan for that matter.

The Solution

Now for the good news! Intuit has recently launched its new and improved financing tool. It’s as simple as going to this website www.intuitmarket.com/ILFPPA61, selecting the type and amount of the credit/loan that you want, filling in some business information, and getting matched with lenders that are willing to lend to you! Below are some of the other benefits you’ll experience by using QuickBooks Financing:

  •  You can shop smarter because QuickBooks Financing casts a wider net with traditional and alternative lenders pre-vetted by Intuit to ensure the best experience.
  • QuickBooks Financing does the legwork to find the best rates.
  • You can easily compare and make an informed decision.
  • A wide range of financing solutions: working capital, lines of credit, term loans, and refinancing.

It’s easy and fast to find the right loan and the best rates, all in one place. So what are you waiting for? Go give it a try today, and see if QuickBooks Financing can take your business to the next level. As always, If you ever have questions, you can contact one of us here at Squire. Call us at (801) 225-6900 today!