Debt Financing and Equity Financing for Businesses Ellensburg WA

Looking for Debt Financing and Equity Financing for Businesses in Ellensburg? We have compiled a list of businesses and services around Ellensburg that should help you with your search. We hope this page helps you find Debt Financing and Equity Financing for Businesses in Ellensburg.

Mr. David J. Fevergeon, CFP®
(509) 925-5105
1206 N Dolarway Rd Ste 219
Ellensburg, WA
Firm
KMS Financial Services, Inc.
Areas of Specialization
Comprehensive Financial Planning, Education Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Retirement Income Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



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Wells Fargo - Ellensburg
(509) 925-4191
104 E 4Th Ave
Ellensburg, WA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

US Bank - Ellensburg Office
(509) 962-7451
500 N Pearl
Ellensburg, WA
Languages
Spanish
Drive Up Hours
Mon 09:00 am to 05:00 pm
Tue 09:00 am to 05:00 pm
Wed 09:00 am to 05:00 pm
Thur 09:00 am to 05:00 pm
Fri 09:00 am to 06:00 pm

Nancy Nelson
Nancy C. Nelson & Associates, Inc.
(360) 754-2663
5326 110th Avenue SW
Olympia, WA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, College/Education Planning, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MS

Shawn Donnelly
Ramsey & Associates Inc.
(206) 324-1950
1730 North Northlake Way, Suite 3301
Seattle, WA
Expertises
Ongoing Investment Management, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Wells Fargo - Ellensburg Mb
(509) 925-5128
104 E 4Th Ave
Ellensburg, WA
Type
Motor Bank
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Chase Bank
(509) 933-7333
201 S Water St, Ste A
Ellensburg, WA
Type
In-store
Office Hours
Mon:9:00-7:00
Tues:9:00-7:00
Wed:9:00-7:00
Thurs:9:00-7:00
Fri:9:00-7:00
Sat:9:00-4:00
Sun:closed

Wells Fargo - Cle Elum
(509) 674-7577
303 E Railroad St
Cle Elum, WA
Type
Branch
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Robert Abbott
Harvest Capital Advisors, Inc.
(425) 827-6236 Ext: 107
11000 NE 33rd Place, Suite 301
Bellevue, WA
Expertises
Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners, Estate & Generational Planning Issues, Ongoing Investment Management, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, ChFc, CLU, MSFS

Jake Engle
Wealth Planning Management, LLC
(360) 566-2095
16th and Columbia Street
Vancouver, WA
Expertises
Advising Entrepreneurs, Ongoing Investment Management, Retirement Plan Investment Advice, Newlyweds & Novice Investors, Planning Issues for Business Owners, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, CASL, CFP®, ChFc

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Debt Financing and Equity Financing for Businesses

There are several advantages as well as disadvantages to debt financing and equity financing, and while not everyone understands the differences, they need to be understood.

The first type of financing to look at is the most traditional, called debt financing. In simple terms debt financing means that you have loans for money that you do not have, this is why it is called debt, because you are in debt. Whether you owe this money to a bank, individual company, or even an investor you are under an obligation to repay the debt.

Some of the advantages to debt financing are that you are able to stay in control of your business. You are who decides what money is spent on, whom to hire, what hours of operation and everything else associated with your business. Another advantage is for your tax purposes. Simply put any money that you spend on interest rates you can deduct on your taxes. Depending on the amount of interest you are paying, this can be a huge tax saving.

One of the biggest disadvantages of debt financing is that too much debt can cause your business to look risky, or even unstable. While this is the most desired type of financing, you must ensure that your business is capable of making all debt payments on time.

The next major type of financing is called equity financing. This means that you are trading a piece of ownership of your business for money. This method is most often associated with angel investors and venture capitalists. One of the biggest advantages to equity financing is that you do not have to repay the debt in any way - you do not have to make a monthly or balloon payment to give money back to the investor. As long as your business is making money your investors are happy.

Another advantage is that your investors may be able to help you get debt financing. With the funding coming from several sources, you could give up less of your business and still get the funding you need. In addition, the investors may be financing other companies that can help your business out. Most reputable investors will only associate with reputable companies, so having a reputable investor helping your business automatically gives your business a bit of an edge over some competitors.

The disadvantage with equity financing is that you are giving away partial ownership of your business in exchange for money. This means that you are no longer the only person in charge of making decisions such as pricing, employees, merchandise, and suppliers. You will also need the other owner’s signature in order to apply for bank accounts, credit cards, as well as other forms of debt financing. One of the worse scenarios that can come from equity financing is that you end up being forced out of your business. This is generally caused by disagreements where the parties are unable to work together, and someone must be bought out. Typically, the party bought out is the one who originally started the business, simply becau...

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