Business Loan Secrets

Jul 25th, 2016
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Business Loan Secrets 6 Types of Financing You Can Get Right Now... Even if You Have Credit Issues or No Collateral...

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Business Loan Secrets6 Types of Financing You Can GetRight Now Even if You Have CreditIssues or No CollateralPhoneEmail bob@thebusinesscreditbuilders.com6 Types of FinancingYou Can Get RightNow Even if YouHave Credit Issues orNo Collateral6 Types of Financing You Can Get Right Now Even if You Have Credit Issues or No CollateralMost entrepreneurs think that because they have bad credit or no collateralthat there is no chance of them getting a loan. But in reality, there areactually many different financing options that business owners have inwhich they can qualify, even with severe credit challenges, or even if they dont havecollateral.As you already know, banks REQUIRE good credit AND collateral to get approved forbusiness financing. But still, most people only go to their bank when they need money,because its the only place they know to go to. But the most common business bankloan, SBA loans, only account for 1.1% of all business loans (Department of Revenue2013).The reality is that the big banks are NOT the suppliers of most business loans.And even though they require good credit and collateral to qualify, many sourcesdont.The big banks are very conservative, as most know. Due to this they commonly wontlend to businesses in which the business owner has challenged credit or businessesthat dont have collateral. But businesses can succeed even if the owner doesnthave perfect credit or doesnt have assets that ca

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