레이블이 Business Loans인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Business Loans인 게시물을 표시합니다. 모든 게시물 표시

2013년 12월 3일 화요일

About 'business financing loan'|Canadian Business Loan Financing – Pain or Pleasure Mastering Finance Success With Equipment Lease Companies







About 'business financing loan'|Canadian Business Loan Financing – Pain or Pleasure Mastering Finance Success With Equipment Lease Companies








Navigate!

The               Dictionary               defines               the               term               as               '               to               walk               or               find               ones               way               '.

That's               what               we               are               going               to               do,               make               you               a               navigational               expert               on               the               '               SBL               ',               more               commonly               called               the               Canada               small               business               loan               .

It's               also               called               '               the               government               loan               '               and               we               will               provide               some               clarity               around               why               that               is               and               is               not               necessarily               the               case!

Let's               get               down               to               basics.

Your               first               questions               probably               is               -               '               what               is               the               Canadian               government               doing               in               the               loan               and               Canadian               business               financing               area?!

)               That's               a               valid               question               of               course.

Industry               Canada               is               the               department               that               runs               the               program.

The               program               has               been               around               for               many               years               and               is               designed               to               encourage               '               financial               institutions               'to               provide               small               business               loan               financing               that               they               otherwise               might               not               be               able               to               do.
               So               who               are               these               financial               institutions?

For               the               most               part               we're               talking               about               Canadian               chartered               banks,               although               some               business               oriented               credit               unions               also               underwrite               the               program.

That               is               where               a               lot               of               the               confusion               around               the               program               exists               -               namely               that               while               the               government               sponsors               and               in               fact               created               the               program               it               is               administered               on               a               daily               basis               by               Canadian               banks.
               Why               would               the               banks               participate               in               the               program?

For               the               very               simple               reason               that               the               Canada               small               business               government               loan,               aka               '               SBL               '               has               Ottawa               picking               up               85%               of               the               tab               if               a               loan               defaults.
               When               we               look               at               all               the               questions               clients               have               around               the               program               a               couple               common               themes               consistently               come               up               -               they               are               key               issues               such               as               '               How               much               can               we               get               "(that's               a               very               popular               one!)               as               well               as               '               how               does               it               work               and               what               do               I               need               to               do               to               apply               ?
               Let's               address               the               dollars               in               the               SBL               program.

The               magic               number               for               the               program               is               $               350,000.00,               but               if               you               use               it               specifically               for               real               estate               the               program               actually               can               be               up               to               $               500,000.00.
               Would               any               company               or               entrepreneur               want               to               purchase               real               estate               under               the               program?

That               may               or               may               not               be               an               attractive               option               -               for               example               under               the               current               terms               of               the               program               the               monthly               payment               would               be               in               the               7K               per               month               range               ,               so               that               would               have               to               be               weighed               against               other               options               .
               So               who               uses               the               Canada               small               business               loan,               and               why               is               it               beneficial.

The               reality               is               that               over               7               thousand               firms               used               the               SBL               government               loan               last               year               alone,               for               financings               approaching               1               Billion               dollars.

Funds               for               the               program               are               geared               toward               two               asset               classes               -               equipment,               and               leaseholds.

Your               ability               to               finance               leaseholds               under               the               program               is               one               of               the               best               features               of               the               program.

as               this               asset               class               is               very               difficult               to               finance               otherwise               .
               Most               popular               questions               #2               about               the               program               is               simply               '               how               does               it               work               -               where               do               we               apply               '.

This               is               where               it               falls               apart               for               many               entrepreneurs.

They               aren't               prepared,               spend               days,               weeks,               and               yes               months               stumbling               through               the               program,               and               are               frustrated               if               they               are               declined.

They               are               simply               astounded               when               we               tell               them               a               simple               clean               proposal,               done               properly               can               get               the               financing               approved               in               48               hrs.
               Not               sure               about               navigating               your               own               way               around               the               program               to               both               achieve               maximum               financing               and               of               course               approval?

What               then.

Simple,               speak               to               a               trusted,               credible               and               experienced               Canadian               business               financing               advisor               who               can               help               you               navigate               the               waters               of               financing               success               for               the               government               SBL               loan               program               in               Canada.






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    2013년 11월 28일 목요일

    About 'loan for a small business'|Applying for a small business loan







    About 'loan for a small business'|Applying for a small business loan








    When               you               are               a               small               business               seeking               out               additional               funding               for               your               various               business               ventures,               there               are               several               places               where               you               can               receive               the               finances               you               need.

    Some               of               these               places               include               getting               a               loan               from               a               bank               or               opening               a               small               business               credit               card.

    However,               there               is               a               very               popular               method               of               obtaining               finances               for               a               small               business,               and               that               is               through               a               small               business               grant.

    However,               how               do               you               get               a               small               business               grant?

    The               answer               to               that               is               simple,               by               writing               a               small               business               grant               letter.

    Yet,               there               are               several               tips               that               will               help               you               obtain               a               small               business               grant,               and               when               you               use               them               your               chances               of               being               rewarded               with               this               government               money               are               increased.
                   Before               you               even               begin               writing               your               small               business               grant               proposal               letter,               you               must               first               find               a               grant               for               your               particular               needs.

    Searching               for               a               small               business               grant               is               very               time               consuming,               thus               before               you               even               begin               to               think               about               obtaining               a               small               business               grant,               you               must               ensure               that               you               have               the               time               and               money               to               do               extensive               research               in               finding               a               small               business               grant.
                   If               you               feel               you               have               the               time               to               perform               such               a               search,               than               great,               however,               if               you               do               not               have               the               time               or               resources               to               perform               this               inquiry,               than               there               are               other               options.

    You               can               hire               a               grant               consultant               if               you               need               help               in               securing               and               negotiating               grants               for               your               small               business,               however,               this               is               an               expensive               alternative               and               if               you               don't               have               the               extra               finances               this               isn't               a               viable               option.
                   But               many               small               businesses               still               have               a               resounding               question,               "Where               can               I               find               small               business               grants?"               The               best               place               to               start               your               small               business               grant               search               is               by               turning               to               the               Catalog               of               Federal               Domestic               Assistance,               or               CFDA.

    This               catalog               lists               all               of               the               government               grants               you               can               choose               from,               and               the               best               part               of               all               is,               it               is               free.

    However,               you               will               quickly               find               that               most               small               business               grants               are               made               for               minority               businesses               and               other               rural               businesses.

    Yet,               there               are               grants               that               are               made               for               equipment               and               training.

    If               you               search               hard               enough,               there               is               a               small               business               grant               for               nearly               every               type               of               business,               all               it               takes               a               little               perseverance               and               a               lot               of               patience.
                   Whenever               you               find               a               small               business               grant,               be               prepared               for               a               very               lengthy               approval               process,               sometimes               this               process               can               take               in               upwards               of               a               year.

    Yet               there               are               several               tips               that               you               can               utilize               to               help               make               the               approval               process               go               quicker.
                   Make               sure               that               all               of               your               applications               are               completely               filled               out               with               accurate               information.

    By               turning               in               incomplete               or               inaccurate               applications               the               approval               process               will               come               to               a               stand-still               adding               literally               months               to               your               final               answer.

    Be               as               professional               as               possible.

    Always               have               a               full               business-plan,               even               if               one               isn't               initially               required.

                   By               obtaining               as               much               information               about               your               company               and               its               business               practices               and               plans,               you               will               be               able               to               provide               more               than               enough               information               to               the               grant               office,               thus               expediting               the               process.


                   If               needed,               hire               a               grant               consultant.

    This               is               a               slightly               more               expensive               route               to               take,               however,               it               can               help               save               you               time,               and               ultimately               money.

    Maintain               an               open               line               of               communication               with               the               grant               office.

    Check               in               with               them               periodically,               however,               do               not               be               over-zealous               with               your               communications,               as               this               will               aggravate               the               grant               office.

                   Whenever               you               speak               with               your               grant               officer               make               sure               you               are               polite               and               professional.

    You               attitude               towards               the               process               and               willingness               to               work               with               the               grant               office               can               be               the               one               thing               that               allows               you               to               gain               your               finances               quicker,               or               it               can               be               the               demise               of               the               entire               process.


                   





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    loan for a small business Video 1








    loan for a small business Video 2








    loan for a small business Video 3




    loan for a small business