Since June 15, 2009, the United States Small Business Administration has been processing deferred payment small business loans of as much as $35,000 to be given out to 10,000 small businesses. This is covered by the SBA’s America’s Recovery Capital (ARC) Loan Program.
To qualify, companies should be private enterprises that are for-profit. They should have [...]
Posts Tagged ‘collateral’
Maximize Your Credit Card Services with Small Business Loans
Steps in Setting-Up a Home-Based Business and Using Small Business Loans from Credit Card Services
Setting up a home-based business may be a more cost-effective alternative to setting up a major company, but it may still drain the limited resources of a small business owner. To keep the business going, small business loans will definitely be necessary. These can be availed of through credit card services. This article will show [...]
Business Loan Brokerages: Pros and Cons
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 [...]
How Does a Business Loan Work?
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 [...]
Finding Alternatives to Small Business Loans
In the midst of the global economic crisis, many small businesses are on the brink of closing down if not enough capital infusion is found. It is now even more difficult to get small business loans from banks, though. Ironically, the exact reasons why small businesses need such small business loans – the fact that [...]
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