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James Hudson

How does the SBA guarantee loan program work? - 0 views

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    SBA guarantees loan on behalf of the borrowers. Though it does not guarantee 100% of the loan borrowed, the borrower is asked to invest some amount of his own working capital. It guarantees to take the risk of the loans from the borrowers side. If by any cas the borrowers are not able to pay back the loans, the SBA willpay on behlf of the borrower from the tax payers money.
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    SBA guarantees loan on behalf of the borrowers. Though it does not guarantee 100% of the loan borrowed, the borrower is asked to invest some amount of his own working capital. It guarantees to take the risk of the loans from the borrowers side. If by any cas the borrowers are not able to pay back the loans, the SBA willpay on behlf of the borrower from the tax payers money.
James Hudson

How to Define Limited Liability company? - 0 views

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    A limited liability company is a  cross between a corporation and a partnership. This type of corporation is owned by a limited number of shareholders, which are not personally liable for investments made in the company.
James Hudson

Which state should I Incorporate my business for multiple business locations in U.S? - 0 views

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    Typically, if you only operate in one state, you should incorporate your business in that state. If you operate in multiple states, you should determine which state is the friendliest to corporations and incorporate in that state. File your articles of incorporation in the state where you intend to incorporate - usually with the Secretary of State's office and for a fee, depending on where you live.
James Hudson

Securing A Small Business Loan With Bad Credit - 0 views

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    The SBA has all the inside information when it comes to small business lending. The SBA has several loan programs whose sole purpose is to help small business entrepreneurs secure small business loans. However, do be aware that there are some credit profile requirements that you must meet in order to qualify for one of these programs. If you do not qualify for any, consider exploring small business financing from alternative sources. - See more at: http://blog.biz2credit.com/2013/08/14/securing-a-small-business-loan-with-bad-credit/#sthash.Pgkyy4rF.dpuf
James Hudson

What is a Liability? - 0 views

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    Any legal responsibility, duty or obligation. The state of one who is bound in law and justice to do something which may be enforced by action. This liability may arise from contracts either express or implied or in consequence of torts committed. Some examples of liabilities include mortgages, UCC liens, accounts payable, settlement charges and/or tax liens. 
James Hudson

How would working with Biz2Credit help me? - 0 views

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    You can always get in touch with Biz2Credit's various loan specialists and they will help you out on this
James Hudson

What is a certificate of Incorporation? - 0 views

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    A document issued by the state at point of company registration. The certificate is included in the registration kit and shows the date of incorporation and official company location. It is required for opening the business account and securing financing.
James Hudson

How do you define the term cash out? - 0 views

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    Cash out refers to additional money issued to a borrower with a loan to refinance existing debt.
James Hudson

How do I get small business financing? - 0 views

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    There are lot of financing options for small business. From SBA to traditional lenders to private lenders, the options are endless. Biz2Credit has helped lot of small business entrepreneurs secure successfull funding for their business. Youcan avail about different financing options for small business below.
James Hudson

What's the best option for small business owners, an LLC or an S Corporation, in incorp... - 0 views

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    LLC's and S Corporations are two very popular forms of incorporation, and both offer liability protection and pass-through income tax treatment for business owners, since taxes are reported on one's personal income tax return, not by the entity.  Among the issues to consider are the number of owners involved, what you can and cannot write-off for tax purposes, the amount of employment tax you may be required to pay, and individual state tax laws.
James Hudson

 Are business loans from online safe? - 0 views

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    Yes,in fact online business loans are more secure and provide more flexibility and guidance in terms of options. Biz2Credit through its online and transparent platform can help you find the rigt lender in less than 4 minutes. You just need to upload your documents and its fast and safe. Try it today.
James Hudson

Are business loans hard to get in this current economy? - 0 views

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    No business loans are not hard to get provided you get in touch with the right set of lenders. Big banks are providing to small businesses which is a clear indicator that small businesses are on the rise, This is your opportunity. Get in touch with Biz2Credit and talk to one of our specialists today for free at 1-877-861-2210
James Hudson

Are business loans going to be more restricted? - 0 views

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    As a matter of fact, big banks have come to accept the importance of small business and hence they are also providing small business loans in greater numbers. Business loans are not much restricted as of now but you can always update your self or just ask Biz2Credit to do so. You can ask a query or any information by calling them for free at 1-877-861-2210
James Hudson

How to obtain a small business loan? - 0 views

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    You can get in touch with various financial specialist of Biz2Credit.com for free and take their help for the same. Click here to know more http://www.biz2credit.com/get-a-loan/small-business-loans.html
James Hudson

What can u tell me about business loans to start a new business? - 0 views

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    There are various buisness loans all customized to meet the requirements of your business. From secured to unsecured loans, long term to short term loans. loans for salons to specific business loans, start ups to existing businesses, varied loans exist to help you fulfill your varied business needs.
James Hudson

What is the survival rate for new businesses? - 0 views

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    According to SBA about half of all new establishments survive five years or more and about one-third survive 10 years or more. As one would expect, the probability of survival increases with a firm's age. Survival rates have changed little over time .
James Hudson

What happens if I want to change the name of my business after incorporation? Is it pos... - 0 views

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    Yes it is possible. All business types, except sole proprietors, should first notify their Secretary of State to change names in their articles of incorporation. States have online forms for this and usually charge a small fee. You'll find out whether your new name is already in use in your state by another corporation or partnership. You can do this via online state databases of registered business names and fictitious names.
James Hudson

What is an SBA preferred lender? - 0 views

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    SBA preffered lenders are those lenders which are certified by Small Business Administration and who don't need to consult the SBA on each loan application given out to the borrowers taking loans under SBA. Biz2Credit has helped thousand of entrepreneurs, both new and old secure SBA loans for their business.
James Hudson

business financing - 0 views

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    An Enterprise Zone is a specific geographic area targeted for economic revitalization, encouraging economic growth and investment in distressed areas by offering tax advantages and incentives to businesses locating within the zone boundaries.
James Hudson

What other requirement does the SBA Place on borrowers? - 0 views

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    Each SBA loan has different requirements. Biz2Credit has helped thousand of entrepreneurs to succesfully get an SBA loan for their business. To help you understand SBA loans better and the requirements pertaining to it . 
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