Tag Archives: finance your business

Recent survey contradicts bankers claim that loan demand is down.

Many bankers say loan approvals are down because loan demand is down. However, a recent survey of lenders and business owners done by the Pepperdine Private Capital Markets Project and reported on by Karen E. Klein for Bloomberg Businessweek found

Posted in Featured Articles, Financing | Tagged , , , | Comments Off

Get a Loan

SBDC Consultant Jim Parrish published in the June edition of the Maddux Report Getting a business loan may be critical to the success of your business. But no bank loan is automatic. Your banker?s goal is to generate bank profits

Posted in Financing, Maddux Report Articles | Tagged , , | Leave a comment

90 Percent Guarantee on SBA 7a Loans End

The authorization for the 90 percent guarantee on 7(a) loans ended on May 31, but the authorization for fee waivers is in place through September 2010. Unless Congress authorizes additional funds the SBA guarantees on 7(a) loans will be 85%

Posted in Financing | Tagged , , , | Leave a comment

Big Banks Loan Less to Small Businesses

According to a May 2010 Congressional Oversight Panel report, in spite of the big banks having increased their share of small business lending over the last decade by 4.1%, between 2008 and 2009 their small business loan portfolios fell by

Posted in Financing | Tagged , , | 1 Comment

Numbers Must Tell the Story of Success

Your ability to make the lender believe in you is critical to obtaining the loans necessary for your business to succeed. However, the financial statements of your business provide an objective source of information as to past and future financial

Posted in Financing | Tagged , , | Leave a comment

The Outlook for Business Credit Cards

Business Credit Cards are a substantial source of capital for small businesses. So how have current economic conditions impacted the ability of small businesses to access this important source of capital?

Posted in Financing | Tagged , | Leave a comment

88 Ways to get Money Without Going to the Bank

So, the bank declined your request for a business loan. Did they ask, ?Do you have any marketable collateral?? When you indicated that you only had business assets, did they respond, ?I am sorry, but we do not finance businesses

Posted in Business Accounting and Budget, Financing, Financing Sources | Tagged , , , , , , , | 1 Comment