Hard Money Loans

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 [...]

If either you are starting a new business or trying to update an existing one, you will most likely need a source of funds to do so. If you are not able to fund it yourself, you will find yourself in a position of having to apply for a business loan. Most American entrepreneurs consult with the SBA for that purpose.

In order to give a boost to the spirit of entrepreneurship of its citizens, the federal government provides business loans to individuals to help them start a small business. The governments Small Business Administration (SBA) handles these loans usually by acting as a guarantor for loans provided by other institutions. In rare cases, the loan is provided directly by the SBA.

First of all, most hotel owners go to the SBA programs due to the relatively high level of financing available. Both the SBA 504 and SBA 7a allow 85% loan to cost financing, enabling owners to keep as much cash in their business as possible. Conventional financing is currently capped at around 65% loan to value on purchases, as a comparison.

photo credit: afeld Your business is doing well. Your customer base is growing, and during the last quarter you actually turned a profit for the first time since you opened your doors last year. You have a solid business plan and now it’s time to think about moving out of your rented space, buying more [...]

An increase in home-based businesses has heightened the demand for capital. Getting capital is one of the most challenging aspects of running a business. This articles describes a new homebased business loan program that doesn’t require a lot of paperwork.

If you are considering opening a small business, there are many details to consider. Obtaining a loan may seem like a daunting task, but financing can be simple, as long as you know what to expect. Here are a few tips to help make your small business loan run smoothly.

Bad credit need not always be a hurdle for achieving one’s dreams. You can obtain a business loan even when you have a bad credit score. There are several independent finance agencies offering business loans to customers with bad credit. You need to just explore different possibilities for obtaining a business loan with bad credit.

SBA 504 Loans are Tailor Made for Entrepreneurs Who Want to Acquire or Develop Their Own Facilities. Forget everything youve ever heard about the U.S. Small Business Administration (SBA). The negative connotations may have been warranted in the past, but the SBA is different these days. The SBA is worth every penny of its more than $22 billion budget on the basis of a single program alone: the SBA 504 Loan Program for small business owners who want to acquire or develop their own facilities.

photo credit: tapioliller SBA May Not Be Able to help Small Business Lending and the Economy The economy lost 2.6 million jobs in 2008 – the highest level in more than six decades. And there are projections of up to 2 million more in 2009. GM has been told by the Treasury Department to prepare [...]