During COVID, a client was reluctant to accept the available financing programs offered by the government. What if the loan is not forgiven? What if the use of funds does not align with the rules of the loan? We helped our client understand the landscape to confidently decide about participating in the programs.
Business Financing Consulting
Financing a business can be done in many ways. From debt and equity to factoring and other non-traditional methods, Salt Mines can help evaluate all options and their impacts on your business and personal financial situation.
Do these questions keep you up at night?
Should I finance my business with debt or equity?
How much debt can I afford to borrow?
What other avenues of financing are available?
A Success Story
Ready to get started?
Contact us to talk about putting Salt Mines Advisors to work for you and your financial goals.
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Stock Options at a Start-Up and Conflicts of Interest
I Chose the Wrong Co-Founders and Wrong VCs – Here’s What Happened
FAQ
Does Salt Mines Advisors raise capital for start-ups?
Salt Mines Advisors is not a Venture Capital firm or an Angel Investor. Generally, we do not invest directly in start-ups. However, Salt Mines does advise founders on the fundability of their idea and will consider recommending select investments to clients where appropriate.
What minimum income and net worth do I need to work with Salt Mines?
Salt Mines Advisors does not require is clients to have certain levels of income or net worth. We aim to make financial planning accessible to clients of all income levels and career stages.
How does Salt Mines Advisors make money?
Each client engagement is different. In some cases, there are fixed project fees, monthly subscription fees for services, hourly billing, or assets under management. Salt Mines Advisors works with its clients to determine the best fee structure for each client.
Does Salt Mines Advisors require long-term contracts?
While Salt Mines Advisors signs client agreements and contracts with its clients, our clients are not under any obligation to work with us beyond the scope of work outlined in the agreement. We want clients to be happy and not feel as if they ‘stuck’. In general, long-term contracts are not required nor encouraged. However, for certain investments, certain timelines may be required by the terms of the investment.
I just started an entry-level job. Can Salt Mines Advisors help me?
Absolutely. Many traditional investment advisory firms require minimum assets under management and net worths to take on a client. Salt Mines Advisors does not have minimums – we feel that all individuals can benefit from financial planning advice, regardless of income and net worth.
Does Salt Mines Advisors guarantee investment performance?
All investments carry risk and there is always uncertainty. Salt Mines does not and will not guarantee the performance of any investment.
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