You may be aware of this, but there a number of firms that can actively assist you as you looking for business loan. These firms are commonly known as loan brokerages. They work in a very similar capacity to that of a mortgage brokerage firm but with a specific focus on business loans. However, before [...]
Posts Tagged ‘business loans’
Business Loan Brokerages: Pros and Cons
Posted by on June 19th, 2010
Posted in Business Review 
Tags: advantage, amount, application, are, behalf, Better, better business bureau, brokerage, brokerages, bu, Bureau, business, business loan, business loans, business plan development, capacity, capital, collateral, Cons, credit, credit reports, development, diligence, dollar, due diligence, excellent credit score, fee, firm, focus, focus on business, formal application, industry, instance, lenders, Loan, loan brokerage, member, mortgage, mortgage brokerage firm, negotiation, number, plan, project, Pros, rate, request, retainers, score, several thousand, success, success rate, time, upfront, upfront fees 
Comments OffHow Does a Business Loan Work?
Posted by on June 15th, 2010
A business loan is an agreement between your business and a lender in which you agree to pay an interest rate on a specific amount of capital borrowed over a specified period of time. As we have discussed earlier, a business loan works very much in a similar fashion to a mortgage. You are lent [...]
Posted in Business Review Tags: accordance, account, agreement, amount, anything, anything in this world, bank, behalf, business, business loan, business loans, cannot, capital, cash, check, collateral, company, course, covenants, credit, credit decision, credit score, debt, debt funds, decision, different ways, equipment, factor, fashion, finance, finance companies, finance company, flow, guide, instance, interest, interest rate, latitude, lender, lending, life, Loan, loan proceeds, machinery, Maintaining, make, mechanics, money, mortgage, number, offer, period, piece, place, positive cash flow, principal, principal and interest, principal repayment, profitability, race, range, rate, religion, repayment, repayment period, sample, scenario, score, Someone, substantial number, time, usage, use, value, vendor, work, world Comments OffWhat is an SBA Business Loan?
Posted by on June 11th, 2010
An SBA business loan is a debt instrument provided by you to by a lending institution that has been guaranteed by the United States government through the Small Business Administration. Many entrepreneurs wrongly think that it is the federal government that grants the loan. This is not the case. With an SBA loan, the government [...]
Posted in Business Review Tags: account, accountant, activity, Administration, advisor, american citizen, approval, bank, bank branches, borrowing, business, business loans, capital, case, character, citizen, community, community bank, conventional business, cosigner, criminal record, debt, debt instrument, default, documentation, event, Express, fact, government, increase, institution, instrument, lending, lending institution, Loan, Micro, micro business, Military, moral character, personal financial situation, plan, process, profit, program, program loans, record, reimbursement, right, risk, Rural, SBA, sba 504 loan, sba business loan, sba loan programs, sba loans, situation, Small, small business administration, small business owners, United States, US, veteran, veteran business, while Comments OffHow a Business Line of Credit Should Be Used
Posted by on June 3rd, 2010
Often, entrepreneurs ask how a business LOC should be used. In previous articles we have primarily focused on the different types of business lines of credit and how they can be used in conjunction with startup operations of a business. However, in this article, we will shift our focus on how a business line of [...]
Posted in Business Review Tags: acquisition, article, business, business line, business lines, business loan, business loans, cash, cash flow, changing hands, company, conjunction, course, CPA, credit, development, distribution, distribution business, equipment, estate, facility, financing, flexibility, flow, focus, inventory, inventory purchases, line, Loan, LOC, lump, lump sum, order, payroll, principal balances, professional practices, retailing, retailing business, revolving credit, SBA, scale, Service, Should, small businesses, startup, startup operations, sum, term, time, traditional business, type, use, Used Comments OffBusiness Line of Credit Versus Business Loan
Posted by on May 14th, 2010
The primary difference between a Business LOC and a business loan is that with a credit line you can draw down the principal as needed rather than taking on a debt obligation as one lump sum. You only pay interest on the portion of the credit line that you have drawn down. Additionally, with a [...]
Posted in Business Review Tags: account, accountant, amount, balance, benefit, best interest, borrower, business, business borrowers, business line, business lines, business loan, business loans, business purposes, capital, card, case, check, checking, Checks, CPA, cpa designation, credit, debt, designation, difference, everyone, exception, facility, flexibility, interest, line, Loan, LOC, lump, lump sum, manner, number, obligation, personal purchases, plastic, portion, principal, proceeds, purchase, reuse, SBA, series, small business, sum, supplier, supplier vendor, time, usage, vendor, Versus Comments Off