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TulipTools Internet Business Owners and Online Sellers Community › Financing, Investment, Startups, and Venture Capital › Financing, Investment, Startups, and Venture Capital › Small Business Financing
Financing your business with SBA’s help

  
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Financing your business with SBA’s help
03-04-2006, 05:50 PM,
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regic Offline
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Financing your business with SBA’s help
Quote:Perhaps no activity in starting up a new business or in laying plans for growth of an existing business will have as much impact on your prospects for success over the long run than ensuring adequate financing.

The U.S. Small Business Administration recommends developing a proposal, including a business plan, and paying a visit to a commercial lender with whom you’ve done business in the past, a place where you are known.

If that lender will make a loan to finance your proposal, then you don’t need the SBA. If, however, that lender declines, or tells you that it can make the loan only if you can line up a guarantor, then the SBA’s 7(a) loan program may be the answer for you...

full article: http://www.sddt.com/News/article.cfm?Sou...0060303crw
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