The Ferndale Lending articles answer business funding questions for owners in Elizabeth City and Pasquotank County, North Carolina, one question per article. Each starts with a direct answer, adds Census counts with their source and year, works an example and links to the funding pages it concerns.
How to get a business loan for construction or a repair bay: an Elizabeth City, NC checklist
Contractors and repair shops buy machines and parts before customers pay. Should an Elizabeth City, NC gas station lease or finance new dispensers and coolers? works through lease-versus-finance math that applies to lifts and skid steers too; financing for contractors covers retainage.
How to get a business loan with a DBA as a Pasquotank County, NC owner
A DBA, or assumed business name, is a name a business operates under; it does not create a separate legal entity. Partners lend to the owner or entity behind the name, so a sole proprietor using a DBA applies under their own name and the DBA together, with bank statements in the business name helping the request.
How to get a business loan for a laundromat in Pasquotank County, NC
Washers and dryers suit equipment financing, a purchase of an existing laundromat suits a term loan, and partners read the coin and card revenue records. The steps match any equipment-heavy service business on the equipment financing page.
By Ferndale Lending · Updated