Principles of Building Business Credit What is business line of credit? A business line of credit is a type of small-business loan that provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit, lets say, $100,000 and pay interest only on the portion … Continue reading “Principles of Building Business Credit”
Small Business Loans Approved: How to Get Your Business Loan Funded Faster, Cheaper & with Less Stress This straightforward road map guides you through the SBA loan approval process—from business plan preparation to submitting a foolproof application. Few entrepreneurs are aware of the benefits and opportunities available through the Small Business Administration (SBA), mainly because … Continue reading “Small Business Loans”
SBA Paycheck Protection Program And How To Get Stimulus Money SBA Paycheck Protection Program is getting funds from the $2 trillion stimulus package signed into law are starting to be disbursed by the federal government. Small businesses are eligible for loans that can get converted into grants if certain requirements are met. Businesses with fewer … Continue reading “SBA Paycheck Protection Program”
The main reason of loan consolidation is borrower’s convenience. Instead of paying too many different lenders or creditors who are charging different rates at different times of the month, you can take out one big loan and pay off all those debt accounts. Then you can make a single payment only once a month. Before … Continue reading “Make a single payment only once a month”
Loan consolidation is not for everyone, and can be really dangerous if you are not very careful. Some lenders charge an enormous up-front fees that they do not go out of their way to tell you about. Some of these same lenders might even roll these up-front fees into the loan payments. Do not consolidate … Continue reading “Do not let the lender trick you”