In January 2013 I gave a presentation to a group of 40 business owners about the outlook for borrowing in 2013.

My Advice: Don’t bother with¬†“Mega” banks. They just aren’t loaning to small businesses that aren’t insanely profitable and cash heavy.

Commercial leasing companies want two years of good operating history before they will consider an equipment lease.

Commercial finance companies like factoring companies are hungry and are working with clients. Their price has been driven down by the market.

Small asset-based lenders are popping up that will finance your accounts receivable and inventory but not at any real discount to factoring companies.

Here is the presentation from Slide Share: