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

Up and Running

The need for collateral also means that most small business owners have to pledge personal assets, usually house equity, to get a business loan. Regarding audited statements, having “audited” statements means you’ve paid a few thousand dollars to have a CPA go over them and take some formal responsibility for their accuracy.

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Raising Startup Capital Through Convertible Debt Financing

Business Plan Blog

Convertible Debt” is a loan, which is automatically converted to equity at maturity or upon the closing of a round of financing. Various terms such as price cap, discount, conversion to equity, etc., maturity date is reached and the startup is unable to secure a round of financing, note holders can force the startup into bankruptcy.

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The Five C’s For Making Your Business Credit-Worthy

Up and Running

There comes a time when every business must secure financing to cover their growing needs. Additionally, if finances are not your strong suit, make sure you have someone on your team (employed or vendor/professional, such as a CPA) who handles this for you. Collateral. Business and personal cash are very important.

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8 Steps In Securing A Bank Loan To Fund Your Startup

Startup Professionals Musings

Pay particular attention to the financials, and have a CPA friend review for reasonableness before presenting. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Clean up your credit rating before you apply. Marty Zwilling.

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5 Critical Tips to Reduce Your Business Taxes This Year [WEBINAR]

Up and Running

Earlier this month I hosted Ryan Clower, a CPA from the accounting firm M. I am a CPA, down here certified in the great state of Texas and really just stoked to be here. Payroll tax is Social Security, Medicare. You had your Social Security and Medicare that came out of your check. percent, Social Security and Medicare.

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How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

Three, I’m a book keeper, accountant or CPA and other. Three, I’m a bookkeeper, accountant or CPA or other. What we’re doing is we’re helping small business owners find and discover their options beyond the bank and ultimately help them secure the best rates for their business. This is number one.