Debt Financing and Equity Financing for Businesses Gig Harbor WA

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

Troy Sapp
Commencement Financial Planning, LLC
(253) 820-6432
611 N. Fife Street
Tacoma, WA
Expertises
Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Tax Planning, Ongoing Investment Management, High Net Worth Client Needs, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. William L Hernandez Iii, CFP®
(253) 853-4900
6810 87th ST NW
Gig Harbor, WA
Firm
Strategic Capital Group
Areas of Specialization
Asset Allocation, General Financial Planning, Investment Management, Investment Planning, LGBT Individuals and Couples, Life Planning, Life Transitions

Data Provided By:
Mr. Edward W. Grogan Iv, CFP®
(253) 858-2884
6625 Wagner Way
Gig Harbor, WA
Firm
Summit Financial Group
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided By:
Mr. Christopher W. Myers, CFP®
(253) 851-1711
3010 Harborview Dr
Gig Harbor, WA
Firm
Edward D Jones & Company
Areas of Specialization
Asset Allocation, Estate Planning, Investment Management, Investment Planning, Long-Term Care, Retirement Planning, Risk Management

Data Provided By:
Mrs. Brooke Joanne Mcvey, CFP®
7191 Wagner Way NW Ste 302
Gig Harbor, WA
Firm
Strategic Capital Group

Data Provided By:
John Carmody
Carmody Investment Advisors
(206) 241-8433
1208 SW Normandy Terrace
Seattle, WA
Expertises
Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Ryan R. Hart, CFP®
(253) 858-1030
5800 Soundview Dr Ste C101
Gig Harbor, WA
Firm
H&A

Data Provided By:
Ms. Therese Jiganti Stewart, CFP®
(253) 853-3383
P.O. Box 409
Gig Harbor, WA
Firm
Raymond James Financial Servic
Areas of Specialization
Asset Allocation, Education Planning, General Financial Planning, Investment Management, LGBT Individuals and Couples, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Medical/Dental Professionals

Data Provided By:
Candace E. Gervais, CFP®
(512) 461-6669
PO Box 2358
Gig Harbor, WA
Firm
Threshold Group

Data Provided By:
Ms. Beverly B. Cox, CFP®
(253) 858-5567
3110 Judson Street
Gig Harbor, WA
Firm
B Cox Planning
Areas of Specialization
Asset Allocation, Budget Development, Debt Management, Divorce Issues, Education Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
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...

Click here to read the rest of this article from GlobalBx