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SBA Loans For Real Estate: SBA 504 VS 7(a) Loans Comparison

The SBA has several options for small business owners in need of a business loan for real estate. Of the six types of SBA loans, 7(a) loans and 504 loans are the two most viable options for real estate purchases.

Chase Bank Business Loans Review

Chase Bank has some of the best lending rates in the country. Those elite rates are available mostly to an elite clientele. Still, if you have a stable, profitable business and/or a stellar credit rating, it’s not a bad idea to talk to your local Chase Bank loan officer to see if you could qualify.

Best Alternatives To LoanBuilder

If you want a quick and easy business loan, LoanBuilder is certainly worth looking into, especially if you don’t meet the requirements of traditional lenders. However, be aware that new borrowers can only borrow up to $100,000, terms are only available up to 52 weeks, and weekly repayments are required.

Costco Merchant Services Review

Costco as a payment processor has some significant problems — namely its misleading tiered pricing rates, some hidden fees, and some potential contractual concerns. And you will need to be a Costco Executive member to reap what savings it offers. Read on for a full look at Costco Merchant Services.

What Is A TRAC Lease?

If you’ve been searching the internet for information about equipment leasing, you’ve probably run into a wall of industry jargon. Between captive lessors, capital leases, equipment financing agreements, and references to Section 179, the terminology can get pretty opaque. This is especially true when it comes to TRAC leases. If you’ve ever wondered what the TRAC lease is, how it works, or even just what the acronym stands for, you’ve come to the right place.

Home Equity Loans VS HELOCs: Can You Use Home Equity Loans & HELOCs For Business?

A home equity loan certainly has its benefits — startups can qualify, interest rates are low, and terms are favorable. However, there may be other options that make sense for your business that don’t put the roof over your head at risk. As with any other loan, shop around, compare lenders, and understand the terms of your loan or line of credit before signing a contract.

SBA Loans Explained

The SBA offers a variety of loan programs that vary according to business needs. Its flagship program is the 7(a) loan program, which offers loans for most general business purposes. However, it also offers special programs such as microloans and disaster loans. Find out more about SBA loans, including who qualifies.

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.

Guide To Working Capital Loans For Small Businesses

Working capital is one of the keys to running a smooth business operation. Often, it’s possible to maintain a consistent cash flow just by making smart tweaks to your business model and keeping an eye on your assets and liabilities, but there are times when you may need assistance raising working capital.

Live Oak Bank SBA Loans & Small Business Loans Review

Live Oak is less traditional than many of its competitors, offering speed and convenience to prospective lenders in all 50 states. However, the convenience comes with some trade-offs, including a limited breadth of products available to a small number of industries.

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