Debt Financing and Equity Financing for Businesses Waukegan IL

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

Mary Erl
Nest Builder Financial Advisors, Ltd.
(847) 245-7483
1800 Nations Drive, Suite 117
Gurnee, IL
Expertises
College/Education Planning, Advising Employee Benefit Plan Participants, Newlyweds & Novice Investors, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Michael Knight
Knight Investment Planning
(847) 367-5191
422 Laurel Avenue
Libertyville, IL
Expertises
Ongoing Investment Management, College/Education Planning, Newlyweds & Novice Investors, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Francine Duke
Aqua Financial Planning, LLC
(847) 478-3853
330 E. LaSalle Street
Vernon Hills, IL
Expertises
Advising Employee Benefit Plan Participants, Retirement Planning & Distribution Rules, Women's Financial Planning Issues, Hourly Financial Planning Services, Cash Flow/Budgets/Credit Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Susan Stevens
Stevens Wealth Management
(847) 444-0209
500 Lake Cook Rd, Suite 350
Deerfield, IL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Advising Medical Professionals, High Net Worth Client Needs, Planning Concerns for Corporate Executives, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, CPA/PFS, MBA, MS

Scott Baril
Baril Advisors LLC
(847) 704-1637
2150 East Lake Cook Road
Buffalo Grove, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners, Estate & Generational Planning Issues, Tax Planning, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Laurence Kuhl
Kuhl Financial Services
(847) 615-7245
115 Green Bay Road
Lake Bluff, IL
Expertises
Ongoing Investment Management, Hourly Financial Planning Services, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Tax Planning, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, BBA, CPA/PFS, MBA

Thomas Nowak
Quantum Financial Planning LLC
(847) 767-1682
31470 N. Ranch Road
Grayslake, IL
Expertises
Hourly Financial Planning Services, Investment Advice without Ongoing Management, College/Education Planning, Socially Responsible Investments, Helping Clients Identify & Achieve Goals, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®

Jeffrey Kostis
JK Financial Planning, Inc.
(847) 840-7496
94 Montclair Road, Suite 102
Vernon Hills, IL
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Planning Issues for Business Owners, Investment Advice without Ongoing Management, Newlyweds & Novice Investors, Hourly Financial Planning Services
Certifications
NAPFA Registered Financial Advisor, BBA, CDFA, CFP®, CPA/PFS, MAcc

Michael Leonetti
Leonetti & Associates, LLC
(847) 520-0999 Ext: 6538
1130 Lake Cook Road, Suite 300
Buffalo Grove, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Advising Medical Professionals, High Net Worth Client Needs, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®, CFS

Mark Gilbert
Reason Financial Advisors, Inc.
(847) 205-9501
350 Pfingsten Road, Suite 108
Northbrook, IL
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Ongoing Investment Management, Tax Planning, Estate & Generational Planning Issues, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CPA/PFS, MBA

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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