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Why You Shouldn’t Default On A Business Loan (& How You Can Avoid It)
In danger of defaulting on your small business loan? Find out what might happen and what steps you can take to make sure your loan stays current.
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SBA Loan Requirements: What You Need To Know About Qualifying For SBA Loans
There are general requirements set by the SBA that all applicants must meet in order to receive a loan. There are also specific underwriting requirements by loan type that must be met.
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How To Write A Business Plan For A Loan
A business plan is a written document that provides a complete overview of your business, including information about your business’s services, strategies, finances, and goals. All businesses should have a business plan, but a business plan is especially important when applying for a business loan.
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The Complete Guide To Understanding & Receiving The Research & Development Tax Credit
The amount of the R&D tax credit varies by a number of factors. Generally, a business should expect to receive 7% to 10% of qualified research and development expenses to be used toward federal tax liability.
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Commercial Bridge Loans: What They Are, How They Work, & When You Need One
If you need a way to cover gaps in cash flow while waiting for your loan disbursement, which can take weeks to receive, there’s an option called a commercial bridge loan. Bridge loans are handy for several types of situations but remember that the terms are short and interest rates are high, so make sure this is really the option for you.
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What SBA Disaster Loans Are & How To Qualify For One
The SBA Economic Injury Disaster Loan Program (EIDL) provides financial assistance to both small businesses and private, nonprofit organizations that are located in a declared disaster area. Coverage depends on the amount of economic injury sustained. That includes things that don’t cause property damage, such as COVID-19, but still result in a massive loss of demand due to circumstances beyond your control or that interrupt your ability to conduct business.
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How To Apply For An SBA Loan: A Complete Guide
If you have questions about completing your loan application, you can always ask your SBA-approved lender. If you haven’t yet found a lender to work with, SCORE is a great resource. This nonprofit organization provides resources and services including free business mentors that can help you through every step of the process.
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How Long Does It Take To Get An SBA Loan?
The SBA helps small businesses get low-cost funding for a variety of needs, but applying for an SBA loan can be time-consuming. How long does it really take to get an SBA loan? And how can you speed up the process? Find out in this article.
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The Best Same-Day Business Loans & Funding Options For Fast Funds
Your original business plan may not have called for seeking a same-day business loan from an alternative lender, but, as you know, things happen. You may not have planned for certain challenges, but when the unexpected happens, it’s possible to get a quick business loan — perhaps even a same-day business loan. Read on for a look at the most reputable same-day lenders.
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