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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

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. Your business is brand new. Most banks will not issue traditional SBA loans to brand new businesses.

SBA 139
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4 Reasons Small Businesses Fail

YoungUpstarts

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,

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The Basics of Small Business Loans [WEBINAR]

Up and Running

What do you need to know about small business loans before you apply? You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business). Scott: Hi everybody.

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The 5 Hidden Secrets Of Online Lenders

YoungUpstarts

The world of small business finance has dramatically transformed. Total loan costs can be misrepresented. APR enables borrowers to effectively compare the true cost of a loan as it includes all fees as well as the interest rate. Actively managing business credit can help you secure financing at better terms.

SBA 100
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How to Get Funding for a Business

Up and Running

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Small business financing myths.

SBA 161
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The Latest Questions Small Businesses Are Asking

Up and Running

A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year. Ask yourself, “Am I willing to risk what I own to go into this business because the potential rewards are greater than the risks?”. Are sales growing or shrinking?

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6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

A common excuse I hear from entrepreneurs for not doing the work is that real market research takes too much time, and costs too much money. Use your favorite search engine and keywords describing your solution to find online sales reports, trade association statistics, and online newsletters with the latest statistics.

SBA 300