Small business loans can be complex and confusing. Let us inform and guide you about what’s hidden in the fine print of your loan agreement , should you sign a personal guarantee and the average APR for small business loans.
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FAQ Real Estate Investors: Is a Hard Money Loan Considered Cash?
Buying your dream house isn’t easy. It may be one of the most expensive investments you’ll make in your life. There are so many aspects you have to consider before settling on the perfect one. Sure it’s important to check which school district, shopping center, and hospital are the closest. But even before you can [...]
Best Restaurant Loans and Financing for Bars, Night Clubs & Coffee Shops
Running a great restaurant takes more than good recipes and delicious ingredients it takes money, which often means getting restaurant loans and financing for your working capital with a business line of credit to keep your restaurant cooking! 🙂 Let Kabbage help you cut through the red tape and get the restaurant loan you need [...]
Kabbage Loans FAQ: Your Loan Questions Answered
What is a Kabbage Loan? Kabbage is a lender for small businesses financing. Their primary loans are for small businesses as a credit line for working capital needs. In addition to business line of credit they also offer both secured and unsecured loans such as online loans, short-term business loans, inventory loans, equipment loans, factoring, merchant [...]
Should You Sign a Personal Guarantee for a Business Loan?
During the following year, 61% of small business owners expect to expand their companies. For many which will mean they’ll be looking for funding. What might surprise them is that they might be asked to sign a personal guarantee to secure funding for their business. Below are seven things that you want to understand about [...]
Average Interest Rate APR for Small Business Loans
Since there are different types of small business loans there is not just one average interest rate, there is a range of rates. Interest rates vary depending upon the type of small business loan, installment or business lines of credit. Taking into account variances due to region, industry and credit ratings here are the average [...]
A Mini Beginner’s Guide to Business Loan APR
If you are a small business owner, you have probably spent considerable time researching various business loans that can support your growth efforts. These loans, specific for small businesses, are made possible through the U.S. Small Business Administration (SBA). The entire purpose of the SBA is to further the growth and development of small businesses [...]
How to Solve Cash Flow Problems in Your Business
Most businessmen are no stranger to small business loans. They’re often familiar with its monthly or annual interest rates (negotiated or non-negotiated), payment terms (which likewise may or may not be negotiated) and the rest of the dynamics that come into play when taking out a business loan. The good thing about this is that [...]
How to Write a Solid Loan Agreement for Your Small Business
The American Bar Association claims loan arrangements seldom favor borrowers. Typically, they need to contend with limitations and covenants, which provide lenders with a lot of rights. Read my review of Legalzoom for small business and get a promo code to save on all legal services The method of surviving these constraints is by negotiating significant [...]
