Just Elementary, Inc. » Entries tagged with "Borrower"
Impact of Credit Issues For Business Owners Regarding Financing For Businesses
A great thank you to Fred Chen of CreditRepairTheSmartWay.com to sit down with us at Just Elementary, Inc. to discuss Credit issues for small business owners. Fred is kind enough to answer questions that are relevant to business owners about what they are up against when it comes to getting various financing options from banks. Just Elementary: Late payments are a death knell because they indicate a lack of responsibility on the borrower’s part to fulfill the … Read entire article »
Filed under: Business Tips, SBA
SBA Express Loans under $250,000 Easier to Get
A great article in the LA Times points out that the SBA loan programs is getting some needed modifications. We’ll specifically cover the smaller ‘Express’ Loans. ‘Express Loans’ is a term that describes SBA loans that are up to $250,000 in value. Express loans have been historically hard to get for a couple of reasons. Number 1, there is not a huge profit margin to them for a bank, and number 2, the bank had 50% … Read entire article »
Filed under: Business Tips, SBA
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