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Showing posts with the label Financing

Small Business Financing - The Money For Small Businesses is Out There

There are so many sources of small business financing you can access everywhere. Entrepreneurs certainly can capitalize their businesses from these small business financing opportunities that will be elaborated one by one in this article. Business financing is often to be found on certain sources of organizations such as government, banks, investors and venture capitalist. It is imperative to take note on what the lenders need when you propose loan to them. Lenders will want to know about your business history to see whether your business has executed the business beneficially or not. They will also review track record of your company management. Poor demonstrated proposals, incompetent collateral, inadequate cash flow and deficiency of management are the general causes of numerous small business failures and these will become negative considerations for them. What you need to bring to them are the opposite ones and also a proven positive credit history that will support you to get a l...

3 Ways of Obtaining Financing For Your Business

The spirit of entrepreneurialism is as American as baseball and apple pie. It’s also a driving force in our nation’s economy. The Small Business Administration (www.sba.gov) states that small firms compose 99.7% of all employer firms, but yet statistics show that 69% of new businesses typically survive two years and 51% of those survive only five years. As well, by now we’ve all heard that lack of finances is the number one reasons these companies close. Case in point, “Only the strong survive,” and money is your lifeboat! Let’s face it. If you don’t have the money to keep your business alive, the odds are stacked against you. Don’t fret, though! Obtaining the capital needed to stay afloat is out there, even in today’s economic climate, but you have to be savvy enough to find it! I’m about to share three (out of dozens) of ways to obtain financing for your business (in no particular order of importance): 1. Private inve...