Small Business Loans

Starting a business can be an exciting venture offering many rewards. However, you must be prepared and you must understand the basics. Planning is one of the most important aspects of starting a business. Proper planning is needed for success in business and, for that matter, anything you do in life. All businesses require some form of financing. Learn about raising capital, borrowing money and managing the financial operations of your business.

How to Apply for an SBA Loan

While the standards for SBA-qualifying loans are more flexible than those for other types of loans, lenders still require extensive documentation to evaluate your loan request. You should strive to make the best possible presentation in your initial loan submission.  When writing your proposal, don't assume the lender is familiar with your industry or your individual business. Always include industry-specific details so the lender can understand how your particular business is run and what industry trends affect it.

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