Exploring Business Loans with the Help of Paul Saunders, CEO of James River Capital

Many people have an idea for a brilliant business that can provide a product or service that people need. To take a business from an idea to long-term success is a challenge. One of the first issues that people come across is funding. It can be hard for people to raise money to fund their business idea. Their savings account will only last for so long and it might be hard to get people to provide funding. Paul Saunders, the founder and CEO of James River Capital, has some helpful advice for those looking to create a successful business.


James River Capital is registered with the SEC as a Commodity Trading Advisor. The company provides advice and trades assets in a variety of classes including asset-backed securities, multi-strategy investing, and more. Paul Saunders is a graduate both of the University of Virginia and the University of Chicago. He has a passion for philanthropy and supports a variety of charitable foundation. He also generously donates his time and experience to those who are looking to start their own business.

At some point, many businesses are going to have to take out a loan. One of the options for loans comes in the form of business loans. These often come from banks and from something called the Small Business Administration. Bank loans typically have lower interest rates; however, it can take some time to get approved. On the other hand, Small Business Administration loans do tend to be a bit more expensive but the approval rate is faster. 

It is also an option to open a business line of credit. Businesses are able to draw on a pool of funds and the business will pay interest on the money that is used. The interest rates on these various lines of credit will vary. When it comes to taking out a loan, businesses should explore all of the options available.