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Customers would rather pay with a credit or debit card; therefore, your business needs to have a processor to accept these forms of payment. The processor that you choose for your company takes a small percentage of each sale on top of a monthly and annual fee for using their services. Your credit card processor could be drowning your company in fees or hidden fees that are not expected. Rather than having your business suffer from these fees, Priority Funding Solutions will guarantee lower rates and fees.
Have you been told you cannot get a loan for your business due to credit, overdraft fees, or some other reason? Are you looking for a business loan to bridge the gap between accounts payable and accounts receivables, or to remodel your facility? Here at Priority Funding Solutions we firmly believe that you deserve better rates than what our competitors can provide you! We have rates that start at 5% and we will work with you to find the best rate for you and your company.
A term loan is defined as a loan one takes from a bank in a specific amount that has a specified repayment schedule and a fixed or variable interest rate. Therefore, we offer a low-cost term loan product that has a fixed interest rate where we can supply the funds to our clients within 24-48 hours. With little paperwork from you and a straightforward application that will only take 5 minutes of your time, let Priority Funding Solutions help your company grow today! For every term loan, Priority Funding Solutions underwrites, we will donate $500 to a local food bank!
Business loans interact with taxes in a number of ways and it is essential that every business owner understands how this happens and how to avoid mistakes that will either make you pay more taxes than you need to pay, or land you in trouble for including items that are not deductible in your tax return. It is, however, important to note that you can only deduct interest paid for loans that were strictly used for business expenses. Throughout this article, we have emphasized that business expenses qualify for deductible and any interest paid on business loans used for business expenses should be part of your deductibles. You can use business loans for all business expenses, but not expenses that has to do with taxes.