Personal guarantees and collateral are both ways of promising a lender that you’ll make good on your debt. You may have to offer both to get...
When deciding between a business bank loan and an SBA loan, the right fit will depend on the number of years your business has been in...
SBA loan processing takes approximately two to three months from start to finish, and sometimes longer. The effort of preparing a business plan, gathering your...
A business plan can improve your chances of being approved for a loan by helping to persuade lenders that your business is worth investing in and...
Minority business loans are available from many lenders. But getting funding from a traditional financial institution may be tougher for minority business owners due to...
