Posts tagged "Business"

Can you get a personal loan to use as your personal contribution on a business loan?

Question by templeofdoom1234: Can you get a personal loan to use as your personal contribution on a business loan?
I want to get a personal loan as my 20-40% contribution on a business loan. Can I do that?

Best answer:

Answer by imisidro
I highly doubt you can do that

The banks will want to see that you have the 20-40% money when you apply. That means you should have gotten the personal loan PRIOR to applying for the business loan

The problem with that is that the banks do credit checks. They will see that you’ve gotten a loan for the same amount you’re saying as your contribution. And that could jeopardize your chances of getting the business loan

Save up. Or seek out loan from other sources, one that will not be tracked with a credit check — e.g. families and friends

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Posted by getloans - September 27, 2011 at 5:58 pm

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Merchant Cash Advance – To Expand Your Business

If you are skilled, confident, and creative and have already done homework and research in owing a small enterprise, then look no further. If your financial limitations are posing a hurdle in achieving what you had dreamt of, then you don’t worry. If raising quick and easy cash advance to kick off your business in this dynamic and ever changing business environment is your utmost requirement, then we have an excellent solution.

To avoid the cash crunch that may be a setback for your dreams. Don’t wait for opportunities to come to you. Rather work actively toward your goal and like other businesses has been able to access much needed cash capital, go for merchant cash advance option.

Whereas securing loans from banks and other traditional finance sources are becoming ever more difficult, expensive and time consuming. Merchant cash advance is the right solution to easy access to funds to cover your cost of business expansion, taxes, debts and other daily operational expenses. Interestingly if you are unable to secure loans due to bad credit histories, the new facility helps to avail the application. The merchant cash advance can quickly infuse cash into a business and reduce the need for bad-credit small business loans.

The merchant cash advance is easily procured form FundFactor in a hassle free environment. There is no need to go through painful and time consuming security checks. The merchant cash advance is easily available online. You just simply fill up the form online and our representative will contact you within few days of your application.

Here are the main key factors of FundFactor procuring loan:

1. Easy Qualification Criteria

2. Easy and Fast Application Process

3. Cash Advance Funds in 72 Hours

4. No Security or Collateral Required

5. No Credit Score required

6. No Fixed Repayment Term

7. No Fixed Monthly Fees

8. No Late Payment Charges

9. Repayments Based on a Fixed Percentage of Monthly Credit Card Sales

10. Repayments Automatically Deducted from Credit Card Sales
So if you are looking at small business of your own? And need quick & handy cash for Successful business expansion? Fund Factor – Offering all the monetary support you could need to help your business attain newer heights. Get yourself security and support of unsecured loan within jiffy to meet all your business requirements. It is quick & completely hassle free. Read more at http://www.fundfactor.com/merchant-cash-advance.html

Written by jamesworner

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Posted by getloans - September 27, 2011 at 2:31 pm

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Business Cash Advance is The Smart Way to Build Your Business

Starting and running your business is an adventure activity and you just cannot go for the adventure until and unless you do not have funds in your kitty. Whether it is small business or expanding your business by diversifying it in new areas, funds are always needed. Do you know about effective solutions through which you will take the step forward in financing your loan?

Though implementation of sound working capital management can reduce the occurrence of situation where you will be needing funds, there may still exist situations like procuring capital equipment and meeting demands of recurring expenses. It is here that the role of business cash advance comes into play. Cash advance will offer small businesses to grow and expand. The finance method is also the easiest one to secure funds to go for business diversification.

Business cash advance has become a popular financing method for small businesses in recent times. What exactly is cash advance loan? It is a business loan where the cash advance providers will buy predetermined number of Visa and Master card receipts from various business owners and later provide those business owners cash advance facility against those receipts. In cash advance finance method, it is not necessary for the borrower to repay the loaned amount. In short the borrower or the business owner will receive cash advance against the Master and Visa card receipts, and the cash is received through merchant account.

There are two types of cash advance loans namely; the unsecured business cash advance loan and the secured business cash advance loan. When you are going for unsecured business cash advance loan, you don’t need any collateral and the business owner is not personally liable to pay back business cash advance. The credit card receipts can be sold by the business owner at discounted rates in order to avail business cash advance. However, in case of secured business cash advance, the business owner has to put forth collateral.

When you go for business cash advance method of financing, keep in your mind that there’s no fixed payment schedule and credit card sales receipts are put into practice for paying back cash advance to the lender. Rest of payment is received by the business owner either in cash, check or credit cards. Therefore, in this manner, business owner always has the funds to keep his/her business running and the best thing is that cash advance can be repaid either through Visa or Master card receipts.

Business cash advance is easier finance solution for small business owners, and it is also quite easy to secure this type of business for the purpose of increasing your business prospects. Here are few important criteria in which a small business owner can qualify for business cash advance:

The business has been in running for at least 1 years

The business must either be using Visa or Master Card as one of their mode of payments

There should be at least $ 5,000 of business every month

The author is an expert writer with hold in the niche area of business cash advance for your Business. The writer writes regularly on cash advance, business cash advance, fast cash advance, quick cash advance & merchant cash advance etc.

Written by Alexmartin

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Posted by getloans - September 22, 2011 at 7:51 am

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The SBA Loan Book: The Complete Guide to Getting Financial Help Through the Small Business Administration

The SBA Loan Book: The Complete Guide to Getting Financial Help Through the Small Business Administration

  • ISBN13: 9781440509827
  • Condition: New
  • Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

Spurred by President Obama’s stimulus efforts, the U.S. Small Business Adminstration is working to deliver more capital financing to entrepreneurs and small companies around the nation. But like any financing, business owners must navigate a complex course of procedures, qualifications, documentation, and approvals.

Loan approval is much easier with help from the latest edition of banker Charles Green’s invaluable book, which breaks the application process down into easy steps. Green wastes no time in showing:

  • The many options available under the SBA financing programs and how to determine the one that is best for your business.
  • How to produce and position your application information, including the banker’s views on your financial statements. How to present the application to the bank in their language.
  • How business owners should deal with prior problems, and respond to lender objections

In today’s turbulent economic environment, solid financial capacity is the key to small business survival. And this fully updated guide to SBA loans will help you land exactly as much as you need.

List Price: $ 15.95

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Posted by getloans - September 21, 2011 at 11:04 am

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Cprofit Los Angeles California Unsecured Loan – Business Line of Credit for Small & Startups

Cprofit Los Angeles California – An alternative business line of credit, line of credit, credit line, working capital lines of credit, cash flow funding credit lines, capital funding, working capital loan, working capital financing, small business line of credit, funding loan, unsecured line of credit for small business and startups.

Specialized in small business funding, business funding via Unsecured Loans, new business loan, bad credit unsecured loans, construction loan, loans, factoring, invoice factoring, receivable factoring.

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Posted by getloans - September 15, 2011 at 7:46 am

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Loans Personal And Business Loans

What are personal loans? Have you heard of business loans? Did you ever think of getting a loan for yourself? Do you even know how? Do you want your loan to be approved very fast?

The video will give you a proper introduction about the things you have to remember about personal and business loans. This will be key to have easy understanding about getting your own loan. This can be a weapon in getting you out of the problem you are in, particularly financial crisis.

Understanding loans will be easy for you after watching this detailed video. Loans will help you have the money you want in the event of emergency situations like paying the bills, educational expenses etc.

So watch this video, whether you are aiming to get a personal or business loan.

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Posted by Cathy Miller - September 14, 2011 at 4:08 pm

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Check Cashing Service Pay Day Lender Start Up Business Plan

Check Cashing Service Pay Day Lender Start Up Business Plan NEW!

Welcome To YOUR New Business!

We’ve taken the guess work out of starting your own business with our PROVEN industry specific sample business plans ready for immediate INSTANT download!

It’s easy, simply purchase one of our proven plans, download it to your PC or kindle, and edit in your personal information! Within minutes you have a professional business plan ready for lenders’!

All of our sample plans meet & exceed lender, investor, SBA, and grant agency requirements because they ALL follow the only government approved outline for submitting a business plan!

Every one of our listed plans has already been used and received funding!

NOW is the perfect time to download your industry specific plan and open the doors to your new business TODAY!

SO TELL ME ABOUT THE PLAN…This business plan (just like all the other ones we have written) is COMPLETE. High-lighting all 7 sections and follows the government approved outline for submitting a business plan for funding.

NOTHING has been held back or left out of this plan! We want you to follow our same format and gets your business up and running WITHOUT all the hours of planning… saving you TIME & MONEY to worry about other issues in forming your business!

We are here to help you succeed!! Offering the most complete plan anywhere on the web. Our business plans are successful written documents that lender’s are looking for!

Here’s a break down of the 7 chapters….

– Executive Summary: This section covers and high lights the important features of the rest of the business plan. A brief general summary lenders are looking for to get a general feel of your plan and what it is you are looking to achieve.

-Products & Services: The Product & Services section gives details of the business services offered. The N.A.I.C.S. code, Hours of Operation, Accepted Payments, Products Carried, and Complete Business Legal Structure.

-Market Analysis: This section covers the Primary Market, Target Market, and Local Competition by a complete demographic break down of home owners, median incomes, Businesses in the area.

-Facility & Operations: This section highlights the location and physical facility of the business. Listing the required Capital Equipment needed, local sources of supply, available labor pool, & complete facility layout.

-Sales Strategy: This section breaks down the Pricing Strategy, Promotions & Distribution, Advertising Campaign & Budget, & Customer Conveniences offered.

-Management Structure: This section highlights the Personal History and Related Experience of the Business Owner, Duties & Responsibilities of the Owner, Compensation package, Board of Directors, & Outside Business Representation.

-Financial Analysis: 7 page section covering Start Up Funding, Break-Even Analysis, 3 year projected Profit & Loss, 3 Year Projected Cash Flow, 3 Year Projected Balance Sheet, and Key Business Ratio’s to the start up of this Business.

List Price: $ 9.99

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Posted by getloans - September 1, 2011 at 9:39 am

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Advances in Credit Risk Modelling and Corporate Bankruptcy Prediction (Quantitative Methods for Applied Economics and Business Research)

Advances in Credit Risk Modelling and Corporate Bankruptcy Prediction (Quantitative Methods for Applied Economics and Business Research)

The field of credit risk and corporate bankruptcy prediction has gained considerable momentum following the collapse of many large corporations around the world, and more recently through the sub-prime scandal in the United States. This book provides a thorough compendium of the different modelling approaches available in the field, including several new techniques that extend the horizons of future research and practice. Topics covered include probit models (in particular bivariate probit modelling), advanced logistic regression models (in particular mixed logit, nested logit and latent class models), survival analysis models, non-parametric techniques (particularly neural networks and recursive partitioning models), structural models and reduced form (intensity) modelling. Models and techniques are illustrated with empirical examples and are accompanied by a careful explanation of model derivation issues. This practical and empirically-based approach makes the book an ideal resource for all those concerned with credit risk and corporate bankruptcy, including academics, practitioners and regulators.

List Price: $ 119.00

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Posted by getloans - August 20, 2011 at 8:52 pm

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