Considering SBA Loan? - sba loans to women
I have seriously considered to enhance the possibility of obtaining an SBA loan or any other subsidy for small businesses to my 5-year success of the medical billing company. When I do research, I am so overwhelmed by all the possibilities, and there concealed bomb, I decided to "think" and I'm still very confused. Simple, simple suggestions based on experience? I am a woman and I am also disabled techincally ". I do not think it really matters, but some grants and loans are that I can get for their programs that specify .... Added: very good credit, owners, etc. ....
2 comments:
Concentrate on getting a loan, because it is difficult to find grants to start a business. Contrary to the myths that some perpetuate, federal government and also do private foundations do not grant money for a non-profit company.
Even SBA does not grant. From the SBA website http://www.sba.gov/mostrequesteditems/CO ...
"It is the United States Small Business Administration provides grants to start or expand small businesses, although a variety of loan programs offered. (See http://www.sba.gov/financing for more information) While SBA several support programs offers, they are strengthening the rule to the development and organizations that provide small business management, technical or financial assistance. These grants generally support non-profit organizations, institutions of credit and state and local governments.
You can use the Catalog of Federal Domestic Assistance (CFDA) and http://www.cfda.gov Grants.gov http://www.grants.gov - these are two sites created by the federal government to ensure transparency and information about the GreatTS. Scroll through the list and see if you admit that a non-profit companies-would find support. Here is a list of federal resources for small businesses. See, if you are for people who are available to start a business - THERE IS NOT.
http://12.46.245.173/pls/portal30/CATALO ...
You are more of a loan by the Government through the Small Business Administration guaranteed http://www.sba.gov/financing a grant received by the public. Read the SBA resources to learn more about the criteria for the loans. If you note for a loan, and it is far, banks and the SBA in May to factors other than credit card:
- A business plan, which explains the company,
- Their training and experience in the industry - in my experience it is important in the eyes of the bank, because they make sure that you know what you want and can do the work to be done now. If you do not have business experience, someone on board who knows his job, give the Bank Guaranteeone guide
- Your credit factors because it is the reliability and how to use credit. A review of your credit or bad credit history may be frowned on or even the reason for the rejection of your loan application
- Your guarantee. Banks, SBA loan guarantees also want to show the borrower collateral. They want to know that somewhere, somehow, they can pay, please contact
- State and credit conditions. Banks want to know three things: "How much money do you ask?" What do you do? And how long will it take? "Many times, banks prefer to approve loans for items that can be identified, has lasting value and can be confiscated and be sold if things can not.
In addition to banks suggest you look at the providers of microcredit. Equity funds up to $ 30 Read more about the SBA Microloan Program http://www.sba.gov/financing/sbaloan/mic ... and you can reliable suppliers SBA Microloan http://www.powerhomebiz.com/vol145/ Micro can be found here ...
The SBA has several types of loans to small businesses. The loan program was developed security solutions for small businesses that can not loan lenders. These loans are disbursed by commercial lenders with the SBA as guarantor. Certified Development Company (CDC) in the amount of program is ideal if you want to extend a property or buying machinery or to modernize their existing operations. It is a long term loan with a fixed interest rate. He must pay 10% of equity.
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