There are a couple of ways of getting commercial business funding. You have to determine whether you are going to get secured or unsecured business financing. You can do secured financing if you have assets to secure. You can qualify for a secured SBA loan or line of credit if the assets that you can … Read more
A lot of companies out there are charging a fee or a deposit for unsecured loans. This is not only unethical but is illegal in most states. Unsecured credit can be obtained a few different ways depending on the bank, or finance company involved. The most important thing to find out before attempting to apply … Read more
There are many different types of funding institutions out there that deal in unsecured (non asset) based loans and lines of credit. The criteria will change from bank to bank and from state to state. Some types of industries will be prohibited from getting an unsecured loan at all. These industries and sectors will change … Read more
Unsecured finance products are one of the hardest types of financial products to get if you don’t know how or where to get them. Financial loans come in 2 separate types: secured and unsecured (non asset based) When business lending is through the SBA (Small Business Administration) it can take around 4 months to close … Read more
Getting financing for a business depends on the stage that the business its in. Is it a start up, a preexisting business that is guaranteed to generate profits or a business that’s been up and running for a while. The stage that its in will determine of its a start up business loan or line … Read more
A lot of businesses in the United States are starting as online business ventures. Most of the time you can make a great income doing things as easy as selling goods on eBay, drop shipping, or an online store. The problem is how to get the necessary financing to get things such as website design, … Read more
When trying to find a source of capital to finance a home based business start up most people can get stuck. Banks have a few programs that deal with start up businesses. Most of them rely on SBA (Small Business Administration) money to lend to their clients. The problem is the SBA does not lend … Read more
Most self employed people are in the business world to make a profit. When calculating corporate taxes there are two numbers that the banks look at. These are gross profit and adjusted net profit. The gross profit is the total amount of profit the business made and the adjusted net profit is the amount of … Read more
