Fortunately many of these businesses are ultimately able to
obtain small business financing from private lenders.
Not exact matches
Before the Senate passed the bill, Senator Mary Landrieu, Democrat of Louisiana, spoke of a
small -
business owner on the waiting list who told the senator she'd have to lay off 27 workers if she did not
obtain new
financing.
Because one - in - four
small -
business owners use home equity to
finance their
businesses, this policy makes it more difficult for some
small - company owners to
obtain credit for their companies.
In 1988, Congress authorized the
Small Business Administration Office of Women's
Business Ownership, which created a «Low - Doc» loan program which makes it easier for women entrepreneurs to
obtain SBA
financing.
The launch of On Deck Capital addresses the historical challenges that
small businesses have faced in
obtaining fairly priced
financing.
Although in the past this type of
financing was available to a very creditworthy
business borrower, unsecured
small business loans may be difficult for many
small businesses to
obtain.
Our advanced technology and underwriting platform enables
small business customers to efficiently
obtain responsibly - priced and right - sized short - term capital to help them grow, avoiding opportunity costs of long searches and the cost commitments of long - term
financing.
MultiFunding is a national loan advisory firm helping
small businesses obtain financing.
In addition to an equipment loan,
small business owners can also consider
obtaining the money needed to purchase equipment via a
business credit card, invoice
financing or factoring, or angel investing.
Small businesses and startups often find it difficult to
obtain financing from banks, due to poor credit scores, scant credit histories, or insufficient collateral.
Assists
small business owners in
obtaining long - term
financing for capital assets such as purchase of real estate and construction, even major equipment
Small business loans specifically tailored for independently owned and operated - for - profit
business owners, who are unable to
obtain private
financing with reasonable terms.
In addition to an equipment loan,
small business owners can also consider
obtaining the money needed to purchase equipment via a
business credit card, invoice
financing or factoring, or angel investing.
Another method of
obtaining financing for a
small business is using accounts receivable — i.e. customers» credit accounts — as collateral for a short - term loan from a bank, commercial
finance company or other financial institution.
We believe that a
small business owner should spend time running their
business, not trying to figure out how they will
obtain financing, leave that to us.
Credit unions are nonprofits that tend to be
smaller in scale, and because they rely strongly on their members to keep
business strong, you may be able to
obtain financing for a mortgage or auto loan if you're declined by another financial provider.
Small business exporters experience difficulty
obtaining financing from bank lenders due to the control and collectability problems that might arise from
financing foreign accounts receivable.
This helps
small businesses that are unable to qualify for private bank
financing obtain competitive rates.
This type of
financing may be advisable for
small business owners who do not want to risk their personal collateral in order to
obtain the
financing they need.
Eric J. Nisall @ DollarVersity writes
Financing Options For
Small Businesses With Bad Credit — It's not just individuals who have trouble obtaining credit, businesse
Businesses With Bad Credit — It's not just individuals who have trouble
obtaining credit,
businessesbusinesses can too.
Obtaining a corporate credit account generally involves reviewing the corporation's
finances and will require an EIN (in contrast,
small business credit cards tend to have the option to use your personal Social Security number instead of an EIN).
The one downside to the SBA's commercial
financing loans is that they're prerequisites can be quite strict, thus disqualifying many
small business owners from
obtaining the
financing they need.
As most
small business owners can tell you, even with a great
business idea backed by a solid
business plan it can be very difficult to
obtain bank
financing.
Although in the past this type of
financing was available to a very creditworthy
business borrower, unsecured
small business loans may be difficult for many
small businesses to
obtain.
Obtaining a corporate credit account generally involves reviewing the corporation's
finances and will require an EIN (in contrast,
small business credit cards tend to have the option to use your personal Social Security number instead of an EIN).
The SBA website notes that this loan guarantee was issued under a program «to aid
small businesses which are unable to
obtain financing in the private credit marketplace.»
Our debt
finance group is supported by members of other subgroups within the
Business Department, including mergers and acquisitions (for all sizes of transactions, for public and private clients, and on both the buyer and seller sides), investment management (for clients with investment management divisions and matters), small business investment companies (for clients looking to form SBICs, obtain SBIC funding, or conduct portfolio financing transactions), securities (for public clients, particularly with respect to public and Rule 144A debt offerings), tax (including for cross-border transactions), ERISA / employee benefits and international (for clients with international operations and assets), as well as other practice groups within the Firm, including Cleantech & Renewables, Patent, Trademark, Copyright & Unfair Competition practices and the Labor and Employment p
Business Department, including mergers and acquisitions (for all sizes of transactions, for public and private clients, and on both the buyer and seller sides), investment management (for clients with investment management divisions and matters),
small business investment companies (for clients looking to form SBICs, obtain SBIC funding, or conduct portfolio financing transactions), securities (for public clients, particularly with respect to public and Rule 144A debt offerings), tax (including for cross-border transactions), ERISA / employee benefits and international (for clients with international operations and assets), as well as other practice groups within the Firm, including Cleantech & Renewables, Patent, Trademark, Copyright & Unfair Competition practices and the Labor and Employment p
business investment companies (for clients looking to form SBICs,
obtain SBIC funding, or conduct portfolio
financing transactions), securities (for public clients, particularly with respect to public and Rule 144A debt offerings), tax (including for cross-border transactions), ERISA / employee benefits and international (for clients with international operations and assets), as well as other practice groups within the Firm, including Cleantech & Renewables, Patent, Trademark, Copyright & Unfair Competition practices and the Labor and Employment practice.
Credit unions are nonprofits that tend to be
smaller in scale, and because they rely strongly on their members to keep
business strong, you may be able to
obtain financing for a mortgage or auto loan if you're declined by another financial provider.
For over 17 years we have been helping the
small business owner
obtain long term fixed asset
financing with a below market fixed interest rate, and as little as 10 % down.