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9 Steps to Handle Business Loan Rejection

Up and Running

Pre-Tax Return on Net Worth. This ratio is not applicable if the subject company’s net worth for the period being analyzed has a negative value. Banks compete for small business customers and sometimes a borderline case can get approval from a different bank. You can also ask your bank about SBA-backed borrowing.

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Is Life Insurance Required For Your SBA Loan Approval?

YoungUpstarts

When applying for a loan through the Small Business Administration (SBA), you have to meet some basic qualifications. For example, you need excellent credit , $5 million or less in annual revenue, and a net worth equal to or less than $15 million. Why is life insurance required to get an SBA loan?

SBA 147
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The Latest Questions Small Businesses Are Asking

Up and Running

Look honestly at all the pros and cons for this type of business venture. The local Small Business Development Center office is a resource that can assist with the venture feasibility process. What is meant by “company culture” and how is it important to my business? How can a business owner assess their company culture?

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Investors in particular want to fund only scalable or ready to scale businesses. Demonstrate that your company has positive cash flow

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Just don’t quit your day job before your new company is producing revenue. Small business grants. Related sources include local business development agencies. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Friends and family.

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5 Types of Loans to Help Investors Grow Their CRE Portfolios

ReadWriteStart

When calculating DSCR, funding companies divide the net operating income by the total debt service. Net operating income is the revenue minus the cost of equity capital. A net operating income of 100,000 dollars and a total debt service of 60,000 creates a DSCR score of 1.67. The SBA offers a guarantee on the loan.

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What Policymakers Don’t Understand About Small Business

VC Adventure

To save the US economy, policymakers need to understand small business 101. economy and the ways in which entrepreneurship and the small business landscape have changed over the past few decades. The text of our latest OpEd is below. Policymakers in Washington, D.C., fail to understand fundamental changes in the U.S.