Debt Financing and Equity Financing for Businesses Florence AL

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

Mr. Christopher R. Smith, CFP®
(256) 760-5384
105 S. Court Street
Florence, AL
Firm
Morgan Stanley
Areas of Specialization
Asset Allocation, Banking, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided By:
SunTrust Bank
(256) 767-8585
402 Cox Creek Parkway
Florence, AL
Type
ATM, Branch, Investment Center, Drive-Thru
Office Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 9-5 Weekend: Sat 8:30-12
Drive Up Hours
Monday: 8:30-5
Tuesday: 8:30-5
Wednesday: 8:30-5
Thursday: 8:30-5
Friday: 8:30-6 Weekend: 8:30-12

Wells Fargo - Florence Square
(256) 767-8220
2716 Florence Blvd
Florence, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-05:00 PM
Fri 08:30 AM-06:00 PM
Sat 08:30 AM-12:00 PM
Sun Closed

Wells Fargo - Colbert County
(256) 767-8260
2015 E Avalon Ave
Muscle Shoals, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-05:00 PM
Fri 08:30 AM-06:00 PM
Sat 08:30 AM-12:00 PM
Sun Closed

SunTrust Bank
(256) 767-8591
300 Highway 43
Killen, AL
Type
ATM, Branch, Commercial Center, Investment Center, Drive-Thru
Office Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 9-5 Weekend:
Drive Up Hours
Monday: 8:30-5
Tuesday: 8:30-5
Wednesday: 8:30-5
Thursday: 8:30-5
Friday: 8:30-6 Weekend: 8:30 - 12

Mr. Jonathan D Henson, CFP®
(256) 764-2205
1112 Bradshaw Drive
Florence, AL
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Investment Management, Tax Planning

Data Provided By:
Wells Fargo - Florence Main
(256) 768-3420
102 E Dr Hicks Blvd
Florence, AL
Type
Branch
Office Hours
Mon-Fri 08:30 AM-05:00 PM
Sat-Sun Closed

SunTrust Bank
(256) 767-8577
3509 Cloverdale Road
Florence, AL
Type
ATM, Branch, Investment Center, Drive-Thru
Office Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 9-5 Weekend:
Drive Up Hours
Monday: 8:30-5
Tuesday: 8:30-5
Wednesday: 8:30-5
Thursday: 8:30-5
Friday: 8:30-6 Weekend:

SunTrust Bank
(256) 389-2700
1411 Woodward Avenue
Muscle Shoals, AL
Type
ATM, Branch, Investment Center, Drive-Thru
Office Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 9-5 Weekend:
Drive Up Hours
Monday: 8:30-5
Tuesday: 8:30-5
Wednesday: 8:30-5
Thursday: 8:30-5
Friday: 8:30-6 Weekend: 8:30-12

B. Alan Gaylor
Alder Financial Group
(205) 988-5881
924 Riverchase Pkwy West
Birmingham, AL
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Data Provided By:

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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