Small Business Loans (Cartoon)

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Small Business Loans (Cartoon) -

Pixton_Comic_Small_Business_Loans_by_Billbert

I recently interviewed a C-level executive of a bank that loans to small businesses for provides. This bank specializes in 7A SBA loans, where the US government takes from 50 - 85% of the losses in the event that the borrower. Even with government support, said the executive, that the bank 98% sure that the small business would borrower fails not had to. That's a pretty high bar. By their very nature, small business loans are risky. tries to expand a small business will respond to additional risks as they are their costs increased.

What are the options for a small business trying to raise capital? first try to get an SBA loan (learn how to apply here). Your second cheapest source of capital could take a personal loan instead of a business loan. have business loans from places like Kabbage and OnDeck interest that 50% do not exceed

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