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10 Things the Bank Will Ask When You Need a Business Loan

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I was really disappointed when I needed my company’s first commercial bank loan to finance receivables of more than $1 million—from well-known distributors no less—and we ended up having to sign a lien on our family home to get the loan. See Also The Complete Guide to SBA Loans. Do you find this daunting? Collateral. Business plan.

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What Type of Business Plan Do I Need?

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And also, what real business owners want—lean business plans for better management. All businesses start with a lean plan. So, every business is better off with a lean plan. Make this the lean plan and add a regular process of review and revision to keep it fresh. That is what we call lean business planning.

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How to Start a Brewery: Growing Your Own Craft Beer Business

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In this guide to starting a brewery, we’re going to talk with brewers who’ve been-there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. Backed by a team of private local investors , ColdFire gained access to additional capital through an SBA loan.

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