Remove Forecast Remove SBA Remove Security Remove Small Business
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10 Reasons You Don’t Qualify for an SBA Disaster Loan

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Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Let’s break down the top reasons that may have led to your application being denied and the steps you can take to assure you secure funding on your second attempt.

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9 Steps to Handle Business Loan Rejection

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Don’t settle for a form letter or secure message, be sure that you follow up with a specific person. 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. Start by adjusting your milestones and forecasts.

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4 Startup Funding Challenges and How to Overcome Them

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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. There is no single approach here. Credit cards.

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8 Things You Need To Start a Business During a Recession

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There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway.

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

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Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. You can kind of think of it like a kayak for small business. My name is John Bates.

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How to Manage Cash Flow in a Crisis

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And we business owners need to make sure that our businesses not only survive this crisis but find ways to thrive. For small businesses, cash flow management in a crisis is absolutely vital. It can mean the difference between stabilizing your business or falling behind.

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Tips for Writing a Successful Business Plan for a Daycare Center

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For detailed information on the size of your primary market, there are helpful resources such as this market research guide from the US Small Business Administration. Alternately, the landlord may agree to defer rent in return for a larger security deposit or added monthly payments. Buzz-in security system.