Remove Finance Remove Forecast Remove SBA 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. Your business is brand new. Most banks will not issue traditional SBA loans to brand new businesses. Risky industry.

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9 Steps to Handle Business Loan Rejection

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On the other hand, some of these are not easily fixable so you’ll have to look for alternative solutions to your financing problems. 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. Get a co-signer.

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How to Write an SBA Business Plan — SBA Template and Checklist

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Applying for an SBA loan for your business requires preparation. You need to gather paperwork not only on your personal finances but on your business history and your projections for the future. Here’s what you need to know about SBA business plans and how you can maximize your chances for approval.

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The Basics of Small Business Loans [WEBINAR]

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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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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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Financing Your Business During COVID-19

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Many small business financing options feel as though they have evaporated in the wake of the crisis caused by COVID-19. 2020 Will Be An Interesting Year For Small Business Financing. 2020 Will Be An Interesting Year For Small Business Financing. Will you repay a loan?

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You’ve Got Funding: 5 Things to Do With the Money Right Away

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The details within those pages will remind you of the spending strategy you outlined to get your business off the ground. Look closely at your cash flow forecast so that you can spend accordingly. With this in mind, it is imperative to spend capital wisely to make sure your business finds success. Expensive equipment.