Archive for August, 2009

Should I Use an SBA Loan to Buy My First Business?

Posted in Business Loan on August 29th, 2009 by davidguide – Comments Off

Several new business buyers in the United States use SBA (Small Business Administration) loans to fund their first business purchase or a line of credit. There are some definite pros and cons for using these funds that business buyers should be aware of. I’ve listed 5 of the pros and cons so you can begin to evaluate the process for yourself. Remember all lenders expect to be repaid and businesses are not 100% fool proof. read more »

How to Start Your Export Company

Posted in Business Project Financing on August 2nd, 2009 by davidguide – Comments Off

What’s the secret of creating an export company? Well, you don’t have to be a manufacturer, an importer or even have your own private products. What you need is knowledge, knowledge of where you want to export and how to contact the importers, distributors, stores or customers in that country. Once you do that getting products is the easy part. Just ask them what they need! Keep reading to find a quick overview of how to get started.

If you’re looking to make a little extra money or completely replace your current job, you will want to consider trying to begin an export company. However, many people think that this process needs to be difficult or time-consuming and that just isn’t the case. Instead of listening to everyone else’s reasons for not getting into exporting, why not listen to the easy process that will get you off and running?

Beginning an exporting business does not require you to have a lot of capital, meaning that you don’t have to have a lot of start up cash to get off and rolling – quite the opposite. What you do need is a lot of attention to detail and a willingness to work hard. There are few businesses in the United States that actually export to other countries, so you will need to figure out a way to establish yourself or maker relationships with those companies. read more »

Finding a Bad-Credit Business Loan

Posted in Business Credit on August 2nd, 2009 by davidguide – Comments Off

If you have bad credit, you probably think that great idea for a new business that has been building in the back of your mind for years will never see fruition. Most people do not know that there are opportunities for those with damaged credit or poor credit scores to receive the money to fund their dream – being their own boss. You may have just been looking in the wrong place.

People with bad credit have no luck with traditional lenders when they apply for credit of any kind, and this certainly applies to loans to open up new businesses. However, the lending environment online via the Internet has more to offer these types of borrowers, including those who want to end the daily grind of nine to five and become their own bosses.

Online Lenders To Choose From read more »