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Posts Tagged "Turn Down"

Need Money for Business

Posted by on Aug 14, 2012 in Alternative Financing, Business Tools, Startup Financing | 0 comments

Need Money for Business

Where do you turn if you need Money for your Business? It is not easy to find working capital to grow your business today. And if you are doing all the right things growth consumes even more of your precious cash. Increased sales means increased payroll, materials and overheads. Where does an under capitalized entrepreneur turn? Let’s discuss what is available for you and your business today. Depending on the length of time you have been in business, your type of business, the amount of money you need and your personal credit situation; we...

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Banks Say No

Posted by on Jul 25, 2012 in Alternative Financing, Business Tools, Startup Financing | 2 comments

Banks Say No

What to do when the banks say no to your business loan request? Well first let’s discuss the reasons a bank could say no to your loan request and what you can do about it: Wrong Bank: There is a very good chance that you are at the wrong bank. Every bank has a sweet spot for loans and your loan request might not be in it. Some banks are only “dirt banks” i.e. they only lend against real estate. Some banks do not do any SBA backed loans or loan against inventory. All banks have a legal lending limit based on their capital...

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Business Loan Startup Choices

Posted by on Jun 29, 2012 in Business Loan, Business Tools, SBA Loans, Startup Financing | 0 comments

Business Loan Startup Choices

What type Business Loans are available and how does an Entrepreneur make the best choice for their start up situation? First, let’s look at the variables involved in your unique situation and give you a checklist to use: Startup Business Questions Are you starting a Retail or B2B/B2G Business? How much money do you need? Do you have any money to put down? How is your personal credit? Do You have any Direct Industry Experience? How soon do you project to be cash flow positive? Will your business be an importer or...

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