Self-employment Mortgage (Loans) - ArkCare

Self-employment Mortgage (Loans)

Working Capital Loans

Working capital refers to the amount of money that a business has available to carry out its daily operations. It is calculated by subtracting current liabilities from current assets.

A company’s working capital reflects its financial health and ability to meet short-term obligations.

Business Line of Credit

Lines of credit are loans that provide businesses with access to predetermined amounts of money for various types of financing. It is a revolving credit line that businesses can draw from as needed and repays the balance monthly. A line of credit is typically used for short-term financing needs.

Equipment Loans

Equipment loans are loans used to purchase equipment for businesses. The loan is usually secured by the equipment itself, and is paid off over time. Equipment loans can be used to purchase machinery, vehicles, and other large items needed for a business to run.

SBA Loans

SBA loans are loans guaranteed by the U.S. Small Business Administration (SBA). These loans help small businesses start, expand, and succeed. The SBA provides loan guarantees to banks and other lenders to reduce the risk of lending money to small businesses.

Self-employment Mortgage (Loans)

Self-employment mortgages are home loan specifically designed for self-employed business owners. Self-employment mortgages have different requirements than traditional mortgages, so it’s critical to understand how they work before applying.