Loan

Sep 14 2016

The ultimate guide to picking the best student loans for you


#best student loans # The ultimate guide to picking the best student loans for you EMAIL As college tuition costs rise, more students are taking out loans to help pay for school. Of students graduating college in 2013, 69% had student loans, with an average debt amount of $28,400 per student, according to the Institute for College Access Success. At one in five schools, that amount was at least 10% higher. Grappling with significant debt as you enter the real world poses financial challenges, especially if you have trouble finding a well-paying job after graduation. This makes it crucial to borrow …

Sep 14 2016

The U. S. Small Business Administration


#money to loan # Borrowing Money After you have developed a cash flow analysis and determined when your business will make profit. you may decide you need additional funding. Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn’t always easy. Before you approach a lender for a loan, you will need to understand the factors the bank will use to evaluate your application. This page outlines some of the key factors a lender uses to analyze a potential borrower. Click one of the following links to jump to the …

Sep 14 2016

The U. S. Small Business Administration


#get a loan today # Tips for Getting Your Small Business Loan Request Approved (Even in Today s Economy) By Caron Beesley Published: August 18, 2010 Note: The ARRA (Recovery Act) initiatives and/or programs referenced in this article will expire on September 30, 2010. Any statements about qualifying time periods, or extensions of these dates, as they pertain to the availability of ARRA programs are over-ridden by the expiration of the Act on September 30, 2010. While signs of an economic recovery are still somewhat hard to detect on Main Street, there are some indications that credit is poised to …

Sep 14 2016

The truth about hard-money loans


#hard money loans # The truth about hard-money loans Q: What is a “hard money” loan? Hard-money lenders do not rely on the creditworthiness of the borrower. Instead, they look to the value of the property. The lender wants to make sure that if the borrower defaults, there will be sufficient equity in the property over and above the amount of the loan. Accordingly, you will not get a hard-money loan of 80 or 90 percent loan to value; typically, they will range from 50 to 70 percent loan to value. Such loans are considered loans of last resort. If …

Sep 14 2016

The U. S. Small Business Administration


#how to get a small business loan # 6 Step Guide- How to Get a Business Loan By Natale Goriel Published: September 04, 2013 Money is the lifeline of any business, so whether you’re starting a business or running an existing one, securing financing is a major factor, especially for small businesses.  Many budding entrepreneurs find the task daunting and don’t even know where to begin. Here’s a simple yet practical guide on how to go about preparing to apply for a small business loan. 1.    What criteria do banks look for in making small business loans? Different banks or …

Sep 14 2016

The U. S. Small Business Administration


#business loans calculator # 7(a) Loan Amounts, Fees Interest Rates The specific terms of SBA loans are negotiated between a borrower and an SBA-approved lender. In general, the following provisions apply to all SBA 7(a) loans. Loan Amounts 7(a) loans have a maximum loan amount of $5 million. SBA does not set a minimum loan amount. The average 7(a) loan amount in fiscal year 2012 was $337,730. Fees Loans guaranteed by the SBA are assessed a guarantee fee. This fee is based on the loan’s maturity and the dollar amount guaranteed, not the total loan amount. The lender initially pays …

Sep 14 2016

The Truth About Credit Card Debt.


#credit card debt consolidation # The Truth About Credit Card Debt from daveramsey.com on 04 Aug 2009 Myth: Aren’t there positive uses of a credit card? Like rebates and airline miles? Truth: Responsible use of a credit card does not exist. Credit card debt is a major problem in America. There is no positive side to credit card use. You will spend more if you use credit cards. Even by paying the bills on time, you are not beating the system! But most families don’t pay on time. The average family today carries $8,000 in credit card debt according to …

Sep 14 2016

The U. S. Small Business Administration


#unsecured business loan # Which Unsecured Business Lines of Credit are Best for Your Business? By Marco Carbajo Published: May 21, 2014 Whether you’ve been in business for a couple of weeks or five years, access to cash is a crucial element of survival for a business. When the going gets tough, a business can fail unless it has access to cash on demand. For business owners, getting unsecured business lines of credit is by far the best choice for having that cash on demand. The fact is that business owners want access to funds – whenever they need it, …

Sep 14 2016

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