Sentences with phrase «small business borrowers»

This is a question many small business borrowers often find themselves asking after a trip to their local bank, leaving with a denied loan request.

This is a question many small business borrowers often find themselves asking after a trip to their local bank, leaving with a denied loan request.

Many small business borrowers appreciate how quickly their loan application is reviewed.

One primary reason the big banks are opening the purse strings is because their loan officers typically look at a potential small business borrower's last 3 years of profitability.

The second most important factor that hurts small business borrowers is geography.

Many small business borrowers appreciate how quickly their loan application is reviewed.

With all the options available for small business borrowers today, it's important for businesses to become savvy about their choices so that they can determine which option will be the best fit for the business.

Marc Glazer, President and CEO of Business Financial Services, sat down with Bob Coleman of the Coleman Report to discuss the optimistic outlook of small business borrowers in 2013.

In a positive move, the SBA recently launched the LINC program, an online matchmaking service that helps connect creditworthy small business borrowers with interested lenders.

Since we opened our doors in 2007, we've loaned over $ 8 Billion to more than 80,000 small business owners — which has taught us a thing or two about small business borrowers and how to evaluate a small business» creditworthiness.

In effect, sharing the potential risk with the lender, which enables more small business borrowers to access capital from traditional lending sources through the SBA Loan Guarantee Program.

And, depending upon the type and cost of the equipment being purchased, equipment loans can sometimes be for smaller amounts than a typical bank loan; which could make traditional financing an option for qualified small business borrowers.

Stronger credit markets will be a big boon for the franchise industry, according to Mike Rozman, co-president of BoeFly, an online marketplace that matches small business borrowers with lenders.

Stacey Sanchez of San Diego - based non-profit, CDC Small Business Finance, describes the average small business borrower she sees:

The SBA's lending partners, Certified Development Companies (CDCs) are busy working with small business borrowers who are taking advantage of this current low interest rate to purchase or build new facilities.»

Credibility Capital is an online lender focused on prime credit small business borrowers.

Time and again, first - time small business borrowers are shocked to learn that the arguably single most important factor impacting a business's loan eligibility is actually the business owner's personal credit score.

Borrowers interested in a personal loan to consolidate credit card debt, fund home improvements, vehicle purchases or other life events, or start, or expand a small business

As a result, in May of 2016, OnDeck helped launch an initiative of the three largest online small business lenders, and a leading national non-profit microfinance trade association (the Association for Enterprise Opportunity (AEO)-RRB-, to produce a disclosure solution that would help standardize a common set of pricing metrics and make it easier for small business borrowers to assess their options.

Since we opened our doors in 2007, we've loaned over $ 8 Billion to more than 80,000 small business owners — which has taught us a thing or two about small business borrowers and how to evaluate a small business» creditworthiness.

In effect, sharing the potential risk with the lender, which enables more small business borrowers to access capital from traditional lending sources through the SBA Loan Guarantee Program.

And, depending upon the type and cost of the equipment being purchased, equipment loans can sometimes be for smaller amounts than a typical bank loan; which could make traditional financing an option for qualified small business borrowers.

SBA loans are an option for many small business borrowers.

And enough lenders were concerned about this regulatory murkiness around small business lending to come together in August to offer entrepreneurs something called the Small Business Borrowers» Bill of Rights.

In many situations, the total dollar cost might be be a more important metric than the APR to a small business borrower.

About the New York Fed's Quarterly Small Business Borrowers Poll The New York Fed's Quarterly Small Business Borrowers Poll aims to gather information about small businesses across the Federal Reserve's Second District (New York, New Jersey and Connecticut).

An unsecured small business loan is a loan that requires no collateral but rather is based solely upon the creditworthiness of the small business borrower.

A short - term loan from OnDeck, for example, could have a term as short as a few months and offer terms more familiar to a small business borrower.

There are a lot of reasons why costs, rates, terms, and fees are expressed differently, but this broad variation sometimes makes it difficult for a small business borrower to make an apples - to - apples comparison.

While overall access to traditional financing from a bank or credit union has become more difficult for some small business borrowers, it can still be a viable option for many others.

Depending upon the loan purpose, some small business borrowers chose a shorter - term loan to minimize the total dollar cost of the loan.

Repayment terms can vary depending on the intermediary lender and the needs of the small business borrower.

Because we believe you deserve an efficient and transparent borrowing experience, we are a signatory of the Small Business Borrowers» Bill of Rights.

Small business borrowers have a wealth of data they can bring to bear, data that gives lenders a much better picture of business performance over time.

Existing home loan borrowers had to wait 6 — 7 weeks on average, small business borrowers 5 — 6 weeks and large business borrowers around 3 — 4 weeks.

Credibility Capital is a signatory on the Small Business Borrower's Bill of Rights, a bill that lays out the fundamental standards that should be upheld by business lenders, which includes access to transparent terms.

But the volume of lending, particularly to smaller business borrowers is light.

Depending upon the loan purpose, some small business borrowers chose a shorter - term loan to minimize the total dollar cost of the loan.

While overall access to traditional financing from a bank or credit union has become more difficult for some small business borrowers, it can still be a viable option for many others.