Tag Archives: Loan

Commercial Loan for Real Estate Financing

What is a Commercial Loan for Real Estate Financing?  Commercial real estate (CRE) is income-producing property with just business (rather than residential) purposes. Examples include retail malls, professional offices such as for dentists, office buildings and complexes, and auto dealerships. Financing, including the acquisition, development, and construction of these properties, often comes from commercial real … Continue reading Commercial Loan for Real Estate Financing

How to Get a Business Loan with Bad Credit

Can you get a business loan with bad credit? If you already own a business, it’s a little easier. For starting a business, it’s a little more difficult.  You don’t have all the options you may have if your business is already established. For example, you do not have receivables to finance or credit card … Continue reading How to Get a Business Loan with Bad Credit

Can I Use a 401K Loan To Fund a Business?

You can use a 401K loan to fund a business. But, just because you can doesn’t mean you should.  It appears to be a fabulous option.  Your payments will just be going back into your account, and any interest will be paid to yourself. In reality, it is a good idea, until you realize there … Continue reading Can I Use a 401K Loan To Fund a Business?

How to Recognize Predatory Practices in Business Loan Companies, and How to Get Help

The world of business loan companies is full of predatory lenders.  If you are desperate for business funding, it can be easy to take the bait and fall into their trap. You need to know how to tell predators from legit creditors, especially if you need to veer away from traditional financing.  You may think … Continue reading How to Recognize Predatory Practices in Business Loan Companies, and How to Get Help

5 Reasons Why You May Need an Online Business Loan

These days you can find anything online. In fact, you can even find an online business loan.  Some business owners shy away from this option because of the fear of predatory lending. It is possible to find online lenders that will work for your business though.  Is an Online Business Loan for You? So, is … Continue reading 5 Reasons Why You May Need an Online Business Loan

5 Ways to Get a Business Loan to Buy a Business

Getting a loan to buy and existing business is a somewhat different animal than getting a regular business loan.  There are plenty of options, but it can take some careful consideration and research to figure out which option will work best for you.  What’s your best option for a business loan to buy a business?  … Continue reading 5 Ways to Get a Business Loan to Buy a Business

The Business Loan Credit Score and Fundability Connection

You how they say everything in life is connected?  It’s true.  One thing affects another and another and another and before you know it, all the dominos have fallen.  The same is true of the connection between getting a business loan, credit score, and fundability. When it Comes to a Business Loan, Credit Score and … Continue reading The Business Loan Credit Score and Fundability Connection

Need to Expand or Grow Your Business? Try an SBA 504 Loan

When raising capital for a business, consider the SBA.  The Small Business Administration offers many funding options for small businesses. Honestly, these options often have easier to deal with rates and terms than traditional bank financing.  Microloans are available if you only need a small amount.  Disaster loans are available to help businesses with losses … Continue reading Need to Expand or Grow Your Business? Try an SBA 504 Loan

The Annoying Truth: How Your Phone Number and Email Address Can Get You Business Loan Denials in a Recession

Getting Business Loan Denials in a Recession? Maybe it’s Your Business Phone Number and Email Address When you are first starting out, setting up your business can seem daunting. You may be sorely tempted to just do something, anything, in order to be done with it already. But in a bad economy, that can be … Continue reading The Annoying Truth: How Your Phone Number and Email Address Can Get You Business Loan Denials in a Recession

Your SBA Loan Checklist During Recession Periods

Grab an SBA loan checklist and get the funding your business needs to grow and flourish, even during recession periods. But be aware – it’s a lot. And SBA loans are hard to qualify. More on that later. And keep in mind, during the COVID-19 situation, the SBA Paycheck Protection Program is out there, but … Continue reading Your SBA Loan Checklist During Recession Periods