Posted by Q.AB on February 27, 2012 ·
Different kind of small business loans are available in the financial market. Small business owners have to avoid the loans as much as possible but if it becomes necessary than analyze first that what kind of financing is best for their business. The approval from lending agency depends on the amount of risk involved and credit history of the company or the owners.
Posted by Batool Shamim on December 2, 2011 ·
Commercial Loan rates depend upon many factors. These factors are always fluctuating and thus, the interest rates for any Loan vary. A loan may have lower interest rates if the business is stable and credit history of the applicant is impressive. However, if the situation is not ideal and the investors have reservations, then the loan shall either not be approved or have high interest rates.
Posted by Batool Shamim on August 24, 2011 ·
Now days it is not a difficult task to construct a residential or commercial building because there are a large number of banks and other financial institutions who are offering construction permanent loan. This loan has two phases. In first phase a consumer pays interest to bank till completion of construction and in the second phase when building is completed it mortgage is applied to the structure.
Posted by Batool Shamim on July 25, 2011 ·
Micro business loans are available to start a business. There are certain requirements for getting loan which include personal guarantee, trusted payback method etc. While taking loan you must calculate its payback schedule and take such actions in future to insure timely return otherwise you may face fines.
Posted by Batool Shamim on May 15, 2010 ·
A secured bank loan should be the top priority for the business beginners.
Posted by R. Mak on February 4, 2010 ·
There are some Canadian tips which can really help you out, to get the funding for your business successfully.Contribute Financially,Age & Size Of The Business Matters,Small Business Funding On The Type Of Industry,You Are Your Business and finally Fortune Doesn’t Always Matter.
Posted by R. Mak on January 30, 2010 ·
Just few steps to get your loan accepted and then fulfil your ideas which were dream in past, but now there is a solution to give your dreams a ideas a real world.
Posted by R. Mak on January 24, 2010 ·
Banks and financial institutions are wary to give loans only to businesses that they believe possess the potential to pay them back. Start-up owners must be able to define their purpose and amount of loan. They must consult agencies which help in guiding for loans like SCORE and SBDC. Credit history is also an important tool to persuade loan officers. Owners must review their borrowing options. Owners must prepare business plan and presentation to present before the officers.
Posted by R. Mak on October 25, 2009 ·
A guarantor is a name given to someone by whom it is pledged that a loan or other type of debt will be paid. Usually, a guarantor agrees that he or she will pay or perform another person’s debt or duty if that person fails to do so. Most commonly the term is used in reference to…
Posted by Batool Shamim on September 3, 2009 ·
Although there have been news reports about applicants being unsuccessful in getting Small Business Administration’s Recovery Act program loans, the number of participating lenders and loans is rising, according to a program representative.
