Friday, March 27, 2009

How to Get a Business Loan in Five Steps

Need funds to startup or expand your business? Follow these steps:

A lender looks at a loan request in three sections known as the "three C's". They are:

  • Credit. Did you pay previous lenders back as contracted?
  • Capacity: Can you afford to pay back this loan?
  • Collateral: If you don't pay back the loan from what asset can the lender recover their principal?
Click here to read more...

Online Request for SBDC Counseling



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