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I have been reading up on SBA loans for Business acquisitions and it looks very interesting since there are a lot of business that have a high enough monthly cash flow to cover the debt service and would qualify in terms of the Debt Service Coverage Ratio.
I just couldn't get this answered and...
I have setup a successful bitcoin mining farm and I am looking to scale the business. I am currently what you would deem a "small business" and I am trying to now scale my operation.
I am looking for fixed monthly loans. I have called EVERY BANK IN MY CITY and called all the SBA...
small business loan
I have been looking for a good brand name for a few days and I finally found something today but it is selling for $5895, which includes a logo design and domain registration. What do y'all say to this? Is it dumb to pay that much for a name you really like?
The business is online and needs to...
At most banks, for $150 a year you can open up a business line of credit up to $100,000 without providing financials. All you need is a personal guarantee and good personal credit.
Then, you have $100k sitting for you for whenever you need it.
When you need it, you only pay interest on the...
I need an advice, is a good idea to buy an hotel with a loan planning to pay it from the business revenue? if it is what will be a good term to take it and what other things may be good to look at before doing business.
I am needing some feedback from people who have gone through the process of building their own home to get some perspective if this timeline for financing is normal. I am a first time home buyer and I decided that building would be the best way to go.
Background: In August of 2016 I...
Is it possible to get a SBA loan for a startup for $30,000? If so, Would it require collateral?
I have good credit, but have no other option to fund my startup and don't want to max my credit card incase of an emergency. My startup is a food product that I want to launch.
If you have...