17th January 2007
The SBA is not primarily a direct lending institution; instead it guarantees small business startup loans made by private institutions. In other words, they back a portion of a loan made by SBA partners to eliminate some of the risk. Partners agree to s...
17th January 2007
With so many legal terms in a commercial business loan to worry about, you may not have considered the tax implications of your loan. But it is important to know exactly how accepting a commercial business loan will affect your taxes so that you can plan...
17th January 2007
Commercial business loan, how do you avoid the hidden costs?
As an entrepreneur, you may feel like the search for funding is never ending. Perhaps you are considering closing a loan in the near future. Beware that hidden loan costs often make a loan ...
17th January 2007
Angel investor funding (venture capital, or private for that matter) for your business is a bad idea sometimes. Yes you read that correctly. For all you discouraged entrepreneurs that have been making presentation after presentation barely making ends m...
17th January 2007
Small business startup loan, let’s keep this simple. If you are trying to get a larger loan (one over $100,000), then you will probably need collateral. You probably already knew that. But what you may not know is that for some smaller loans, you may...