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Do I Need A Down Payment To Get A Small Business Loan?
To obtain a small business loan, lenders often require the borrower to pay a percentage out of pocket as a down payment. But why do you have to pay money upfront when you need to borrow money? Is there a way around this apparent catch-22? What loans require down payments, and what are your options if you don’t have the funds to pay it?
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The Ultimate Guide To Credit Union Business Loans
More business owners are moving away from traditional banks and are turning to credit unions for their business financing needs. Offering many of the same services as traditional banks, credit unions are becoming the go-to resources for smart business owners.
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What Are The Classes Of Property In Real Estate?
If you’re a real estate investor or plan to invest in the future, it’s important to know the basics of residential rental properties, starting with the various classifications. In this post, we’ll break down how to classify rental property, from property types and classifications by property age and location to classifications used for writing off accelerated depreciation.
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The Ultimate Small Business Tax Checklist
Are you ready for small business tax season? Here are our expert tips and a free tax prep checklist to help you get your taxes in order.
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What Is Collateral For Small Business Loans?
Collateral is an asset used to secure a loan and ensure that the lender gets paid. The asset used as collateral is something of value that shows a lender that you’re prepared to pay off your loan. In the event that you are unable to make your loan payments, the lender can seize your collateral and sell it to cover the remainder of your loan.
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Small Business Grants: Get Free Money Through These 8 Grant Resources
Learn what grants are, their pros and cons, how to find them, and best practices for applying in our guide to small business grants.
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Can You Really Run A Cash-Only Business?
Not accepting credit cards simplies some aspects of running a business, but can a cash-only business really succeed? And how does it affect your overall business? Take a closer look at what going cash-only really means for you.
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A Quick Guide To Filing For Bankruptcy For Small Businesses
Bankruptcy is probably one of the last things you want to think about. But as unpleasant a prospect as it can be, businesses regularly fail. If that happens, don’t be afraid to look into bankruptcy and give yourself a fresh start.
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Small Business Microloans: What They Are & Where To Get Them
A microloan is defined as a small loan that is typically for $50,000 or less. Microloans offer an alternative to traditional bank loans. These loans are for smaller amounts, so they are easier to qualify for, opening up options to small businesses that aren’t eligible for conventional loan options, either due to low revenue or lack of establishment.
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