Non-bank lenders have emerged to fill the financing hole affecting small businesses with few or no valuable assets to put up as collateral.
Small-business equipment loans are available from bank, online and SBA lenders. There are also specialized equipment finance companies that focus solely on this type of small-business loan.
The community development corporation (CDC)/SBA 504 loan combines funding from a private lender (50%) with a CDC (40%) alongside a 10% borrower down payment. These loans feature no maximum loan amount ...
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GOBankingRates on MSNTypes of Business Loans: Which One Is Right for Your Business?One of the biggest issues small business owners face is access to sufficient capital. Business owners who don’t research ...
Last month, we reported several laws scheduled to take effect this year. The first was the Commercial Financing Disclosure Law in Missouri. We have previously summarized this statute for ...
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