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Small Business Loans

How to Issue Fixed Rate Bonds for Small Businesses

The typical sources of debt capital for a small business are either bank loans or personal loans to the business from investors, friends or family members. Bonds offer another alternative,… Read More

Does a Bankruptcy of an LLC Show Up on My Credit?

Limited liability companies function as separate entities from their owners and can therefore offer protection to their owners from the debts of the business. However, there are ways you can… Read More

How to Acquire Long-Term Financing From Two Major Sources

Long-term financing is a loan, often acquired on interest, with a payback period of one year or more. A home or a property bought on a mortgage, where a loan… Read More

Getting a business loan from a long-term creditor is similar to what an individual faces when applying for a mortgage or car loan. Creditors want to know about your ability… Read More

How to Write a Statement of Disadvantage

The U.S. government considers an individual to be socially disadvantaged if he has faced any kind of prejudice in American society because of certain distinguishing factors, such as ethnic origin… Read More

How to Get a Loan for a Small Acreage Farm

Owning a farm is not just a small business for some people -- it's a lifestyle. A farm business enables you to be your own boss, hopefully doing something you… Read More

How to Analyze a Church Loan Proposal

A church loan can be as similar to traditional commercial financing as it can be completely different. Unless you are a commercial lender specializing in church loans, you will see… Read More

Financing for New Product Ideas

The core of any business venture revolves around financing. Unless a business has a record of accomplishment, owners may find it difficult to get traditional financing for new product ideas.… Read More

Can a Single-Member LLC Have a Loan from Its Member?

Business owners choose the limited liability company format as it offers some of the benefits of corporations with the simplicity and tax advantages of sole proprietorships (in the case of… Read More

Grants for Drilling a Water Well for a Beef Farm

The United States Department of Agriculture (USDA) is a leading source of grants for farmers. A grant is an issuance of money, like a loan, that does not need to… Read More

How to Write an Effective RFP for Commercial Loan Services

An effective request for proposal (RFP) for commercial loan services should be specifically tailored toward a company's needs. Commercial loans are varied both in type and individual terms. The types… Read More

Essentials for a Letter of Credit for a Construction Contract

A letter of credit for a construction contract is a guarantee the work will be completed on time and to specifications. Issued by a financial institution on behalf of the… Read More

What Should I Be Paying for Interest on a Commercial Loan?

Interest on a commercial loan varies based on a number of factors. The elements that contribute to the rate include the lender, the market, the type of loan, the term… Read More

What Is the Maximum One Can Borrow With an SBA Loan?

The Small Business Administration (SBA) does not issue direct loans, but it will offer loan guarantees to qualified borrowers. There are several SBA loan programs, and each program has separate… Read More

The Average Commercial Loan Terms

Commercial lending products exist to suit just about any need of a business large or small. There are a number of loan variations too, ranging from mortgages to term loans… Read More

Easiest Credit Card to Get for Small Businesses

The easiest credit cards to get for small businesses are business credit cards, and most are offered by major credit card companies. A 2010 study performed by the National Small… Read More

How Much Down Payment Do I Need for a Commercial Business Loan?

Purchasing equipment, vehicles and keeping enough money for working capital for your business may not be easy to cover financially with your own personal capital. A commercial business loan can… Read More

I Need Capital Start Up Money for a Group Home

If you are interested in starting a group home, two aspects of your business will help determine where you can get startup funding: whether your business will be run as… Read More

How to Borrow Against Future Revenue

Small businesses can only succeed with proper financing. Very few entrepreneurs are equipped to finance their own businesses, so they must turn to outside sources for assistance. You will need… Read More

Can an SBA Loan Be Included in a Chapter 7 Bankruptcy?

A loan from the Small Business Administration is actually a private loan with a guaranty, or insurance, from the SBA. When you default, the SBA repays the private lender. You… Read More

How to Calculate Cash Flow for a Commercial Loan

When analyzing the viability of a commercial loan, the borrower's cash flow is one of the most important items. Cash flow is the money the borrower has coming in from… Read More

Small Business Grants and Loans for Women

One of the best sources of information for grants and loans for a women-owned small business is the U.S. Small Business Administration, or SBA. Through its online resources and local… Read More

Unsecured Start-up Business Lines of Credit

Small business owners just starting a new business may not have the collateral or credit history required to obtain a traditional business loan. There are several options available to obtain… Read More

Why Is Equity More Expensive Than Debt?

When raising money for a business venture, you can choose to sell a share of ownership in the company or borrow money. While using equity can be very attractive because… Read More

How Much of a Business Loan Can I Get Approved For?

There is no set amount for a business loan approval. It will depend upon personal and business financial resources and the use of the loan proceeds. To determine how much… Read More

Free Federal Loans for New Start-up Business

Since a loan must be repaid, the federal government does not provide free business loans. However there is a vast network of free federal loan assistance programs. A start-up business… Read More

What Do Creditors Look for on Financial Statements?

Financial statements offer creditors a comprehensive look at the financial health of a business. Details such as income, existing debt obligations, expenses, salaries, profit and cash flow all factor into… Read More

What Type of Small Business Should You Start?

For aspiring entrepreneurs, starting a small business can eventually bring freedom and prosperity. In choosing the type of business you should start, consider your skills, interests and the market climate… Read More

What Is the Difference Between Term Loans and Bonds?

While both term loans and bonds represent some form of indebtedness, their features and holder's rights are different. In addition, a business' size and relative creditworthiness can affect which form… Read More

The U.S. Small Business Administration (SBA) focuses on providing information and financial aid to small businesses. One way they do this is through a loan program. The SBA backs these… Read More

Before credit cards and traveler's checks came into common use, many merchants and individuals used letters of credit as financial backing for their sales and service transactions when dealing with… Read More

What Are Structured Loans?

The term "structured loan" can be applied to a number of different scenarios. This term is widely misunderstood, leading to some confusion. In its most accurate definition, a structured loan… Read More

Violating Debt Covenants

A debt service covenant is a clause designed to test the ongoing financial capacity of a borrower. If a borrower violates a debt service covenant, it can be a sign… Read More

Can I Refinance My Commercial Property?

While it may be a difficult process, it is possible to refinance a commercial property loan. The lending requirements for commercial property are very strict, making it difficult to qualify… Read More

I Need Working Capital For My Business But I Have No Credit

Without the proper amount of working capital on hand, any business could be doomed to failure. If you need working capital, but you do not have a solid business credit… Read More

What Is a Business Line of Credit?

Running a business typically requires a large amount of working capital on a regular basis. If your business does not have access to capital, it may only be a matter… Read More

How to Get a Loan for a Bar

Purchasing an already-established business is very similar to starting a new business in terms of how to get financing for the project. To purchase a single bar, you will likely… Read More

What Is Needed to Become a Nutritionist in Illinois?

If you want to become licensed as a nutritionist in Illinois, you must complete the requirements to become a "licensed dietitian nutritionist." The process for licensure includes meeting educational requirements,… Read More

The Average Interest Rate for Small Business Loans

There is no single interest rate that applies to the broad spectrum of small business types, types of loans and the variety of factors that influence interest rates. However, according… Read More

How to Finance an Embroidery Machine

A baby blanket with the infant's first name embroidered across the fabric sends this message to her parents: "You care enough about my baby to personalize an heirloom." Start your… Read More

Financing a Catering Truck

There are several possible ways to finance a catering truck. Identifying the best method must begin with an understanding of business lending in general and should be followed up with… Read More

How to Buy a Leasehold Business

A leasehold business is one in which you enter into a contract to rent the running of the business for a specified period of time. It is a popular business… Read More

Kentucky Federal Grants for Single Moms

Single moms in the state of Kentucky may find federal grants specifically designed for them through a number of resources. Some programs include a focus on funds aimed at economic… Read More

How to Finance a Welding Machine

Financing tools and supplies for your business can be a convenient way to free up capital for other costs. This is especially true of industries like forestry and construction, where… Read More

What Are Financial Reports Used for in a Business?

Financial reports are produced once a year to reflect the business's earnings and spending within the given fiscal year. Although it is produced so shareholders, vendors and investors can see… Read More

How to Get a Loan to Open a Bar

Opening a bar can be a challenging goal simply because restaurants and bars are viewed as a high-risk venture. Statistics from an Ohio State University study show that up to… Read More

How to Get Financed to Open a Restaurant

If you have the dream of opening a restaurant, you will most likely need to come up with money before you can get your business off the ground. While finding… Read More

Getting into any aspect of the music business requires not only musical skill, but the determination to pursue your goal until you reach it, despite rejections you may receive along… Read More

The importance of small businesses cannot be overstated. According to the Small Business Administration, between 1993 and 2009, nearly 10 million jobs out of a total of 15 million jobs… Read More

Microfinance lenders provide small loans to current and aspiring small business owners. These loans help give people who may not have the credit or the access to traditional financing the… Read More

How to Find Personal Investors

The most important key to finding personal investors is making sure you have an original vision and a solid business plan. There are many techniques and resources available to any… Read More

Types of Short-Term Funds for New Businesses

New businesses need several types of dependable credit in order to buy necessary supplies and start operations. This can be a serious challenge for startup businesses, that do not have… Read More

Small business owners and entrepreneurs seeking to build on commercial lease property may apply for a business loan to finance the building's construction. Lenders will typically want a copy of… Read More

How to Get a Company Car With No Personal Credit

Getting an auto loan for a new business can be difficult. In many cases, the lender will want you to personally guarantee the loan, or to simply get the loan… Read More

How to Refinance My Business Mortgage

Just like homeowners, business owners are often required to take out a mortgage to pay for the commercial space out of which they operate. The structure of commercial mortgages is… Read More

What Happens If We Default on an SBA Backed Loan?

The U.S. Small Business Administration does not fund loans directly. Instead, it offers guarantees on private business loans. This means the SBA is giving the private lender insurance in case… Read More

Start-Up Business Loans for Women

Don't despair if you are a woman with a start-up business experiencing difficulty obtaining financing. Several unconventional loan programs target new businesses that are owned by women. These resources provide… Read More

How to Negotiate a Business Loan Term Sheet

While a loan term sheet is a non-binding outline of the loan's conditions, it represents the best opportunity to maximize the borrower's interests in the final loan agreement. The lender… Read More

Types of Factoring Services

With many different types of factoring services, business owners who are in need of cash have a variety of options to raise money for their ventures. Factoring involves businesses selling… Read More

How to Get a Small Business Loan in Texas

Starting a new business or increasing an existing one creates a demand for capital to buy equipment and supplies, rent space, hire employees, advertise and meet other needs. Qualifying for… Read More

How to Finance for an Importing & Exporting Business

Import/export businesses have been around throughout history. According to the U.S. Department of Commerce, an annual $1.2 trillion in goods are bought and sold in the import/export business. You can… Read More

Types of Loans for a Horse Business

If you want to start your own horse business, you need to treat it like all other small businesses. That being said, if you need outside financing for your start-up… Read More

Definition of a Business Credit Application

A business credit application is a document that allows a business to apply for credit privileges with a company. The information the business provides in a business credit application allows… Read More

How to Invest in a Small Company

Small businesses in a variety of industries have the unique opportunity to launch with little overhead and few employees. A small team or individual committed to investing sweat equity in… Read More

Can You Refinance a SBA Loan?

The Small Business Administration (SBA) provides resources to assist entrepreneurs in gaining funding to both start and expand their operations. The SBA helps business owners refinance private debts into low-cost… Read More

How Are SBA Loan Funds Dispersed?

Most loans provided with the assistance of the Small Business Administration are not direct loans. Instead, businesses take the loans from a private lender, and the SBA issues insurance on… Read More

Life Cycle of a Loan

The life cycle of a loan plays a vital role in the financial health of both individuals and businesses. Individuals use loans to finance their college tuition, automobile purchases and… Read More

How to Use an EIN Number & Not a Social Security Number for Credit

Employer Identification Numbers (EINs) and Social Security Numbers (SSNs) are both forms of Taxpayer Identification Numbers (TINs). They are both used to file taxes, and they can both be used… Read More

How to Apply for Minority Small Business Loans

Minorities face many unique hurdles to overcome in becoming successful business entrepreneurs. In recognition of this reality, the federal government and many local organizations throughout the U.S. are dedicated to… Read More

How to Write a Business Proposal for the Bank

A business proposal, also known as a business plan, is necessary when applying for a small business loan at a bank. The proposal should explain what your company does, the… Read More

How to Set Up a Small Business Bank Account

Opening a small business bank account is relatively simple. You just have to have the right paperwork when you go to the bank and select a bank that meets your… Read More

Sources of Finance for Entrepreneurs

There are several sources of finance for entrepreneurs looking to get their businesses off the ground, and you should consider some of these alternate sources before you ask friends and… Read More

How to Calculate a Debtor's Turnover Ratio

A debtor is an individual or entity that owes your business money. Typical debtors include customers, particularly in industries that employ customer financing and long payment terms. Debtors may also… Read More

How to Get a Business Loan of $500,000

Obtaining a business loan of $500,000 will allow you to purchase equipment, secure an office space, hire employees and other materials necessary to run your business. Obtaining a business loan… Read More

Types of Business Funding

Business funding has become an extremely important issue, and even more so for start-ups and small businesses. When a business receives funding from the wrong source, it can often result… Read More

How to Get a Farm Loan to Produce Chickens

Although experts watching the chicken industry advise caution, chicken production seems to offer a stable, if not optimistic business for farmers and others who raise chickens. This feeling of optimism… Read More

How to Obtain a Business Visa Card Without a Personal Guarantee

One of the hardest parts of establishing a new business is separating the business' credit from the owner's or officers' personal credit. Initially it may be easier or more convenient… Read More

What Is a Promissory Note and Security Agreement?

When you borrow money and offer assets to secure the loan, you will be asked to sign a promissory note and security agreement. These documents protect both the lender and… Read More

Are Line of Credit Notes Payable?

For businesses, keeping track of notes payable is a necessity. Some businesses also have lines of credit. There are a couple of considerations when classifying the line of credit as… Read More

How to Apply for Handicapped Small Business Loans

Starting a small business is a very difficult task that requires many skills. You need to be organized, have a keen business sense, an eye for marketing and development and… Read More

How to Apply for a Farm Loan

According to Agriculture in the Classroom, 49 percent of the American population made a living in the agricultural sector in 1880, but by 1990 less than 3 percent of Americans… Read More

How to Calculate Interest Rate on a Compensating Balance & Installment Loan

A compensating balance is an account balance that a bank can use to offset an unpaid loan. Installment loans featuring a compensating balance requirement will have a higher effective interest… Read More

Finding willing investors for a new business is never easy--and it has become much more difficult with a shrinking American economy. However, it is still possible to get investments from… Read More

How to Receive Private Investors Online

If you are starting a business and have been looking for funding through banks or government grants, you know how difficult the process can be. Another source to look at… Read More

How to Finance a Commercial Boat

Financing a commercial boat can be a cumbersome task if you are not armed with the proper information. You need to do your homework and obtain many quotes on interest… Read More

How to Finance an Insurance Book of Business

If you need funding to purchase a new insurance agency, or expand an existing one, finding appropriate financing sources may be challenging. Perhaps one of the most important factors to… Read More

How to Find Investors for Real Estate

Finding cash, whether your own or from other investors, is the biggest obstacle to developing a real estate investment business. Though new investors have invariably heard about no-money-down deals, buying… Read More

How to Get Business Credit, No Personal Guarantees, No Questions Asked (Part 1)

The Business Credit System is a maze that requires you to navigate your way through to success. In this 5 part series you will learn how to master the system… Read More

How to Get a Small Business Expansion Loan

Business is good, but it could be better if you had a bigger space, a larger advertising budget or more employees. It is time to explore the idea of an… Read More

Definition of an Intermediate Term Loan

Business owners often struggle with cash-flow issues. An intermediate-term loan can help. These loans can provide business owners with a much-needed supply of cash that they can invest in their… Read More

How to Finance a Business With No Money Down

Financing a business with no money down is challenging, but with creativity and tenacity it can be done. The majority of potential funding entities are excluded because they require the… Read More

How to Create a Financing Proposal

You want to start a business; however, you need financing. In hopes of getting the capital needed for your business, you have to present the loan officer or banker a… Read More

How to Get Small Business Start-Up Loans

Obtaining a small business loan is a challenge, but not an impossible task. It takes a thorough assessment of your company’s income potential, knowledge of your own credit worthiness, and… Read More

How to Get Government Business Loans

Entrepreneurs and small businesses in need of start-up, expansion and/or research funding often turn to government business loans. The U.S. Small Business Administration (SBA), which oversees the government’s loan programs,… Read More

How to Finance Equipment with No Personal Guarantee

Many people want to obtain bank financing without providing a personal guarantee. Doing so requires some effort on your part to prepare the information needed to make it happen. This… Read More

A major obstacle for many entrepreneurs who dream of starting a business is finding the money to get it off the ground. Without investors or substantial personal savings, it may… Read More

Small Business Administration (SBA) loans are financed by the federal government to encourage entrepreneurs to invest in their businesses, expand and innovate. According to the SBA, about 95 percent of… Read More

What Are the Functions of a Microfinance Bank?

Microfinance institutions provide many functions for some of the poorest people on the planet. At the most basic level, they provide access to cheap capital which they loan out so… Read More

Requirements for Small Business Loans

The requirements for a small business loan can seem overwhelming when you are thinking about applying for one, but this actually prepares you to keep business documentation long term. There… Read More

How to Get Unsecured Small Business Loans

Unsecured small business loans are normally quick and painless. An unsecured loan is a loan that does not require assets as collateral, similar to a credit card. The plethora of… Read More

Category: Payday loans

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