0
Small Business Administration loans money to small businesses. Their forte is "debt financing, surety bonds, and equity financing."
Purchasing a unit in a common interest community -- unless it is a small-business centric, common interest community and a non-residential community -- may be problematic. Unless the association is a collection of warehouses or boat slips, and the unit ownership is a key factor in your business plan, you may not qualify.
You'll get your best answer from your local SBA office.
What else can I help you with?
Is a unit of a condo association able to secure a SBA loan if association rents out property?
SBA loans are vetted for use by small business. The association may be a small business, but the purpose of the loan should be to expand and grow the business, which is not a goal of an association in a common interest community. If the association needs money and wants to take out a loan, there are banks that will loan money to associations, based on the association's ability to collect assessments from owners. Best practices dictate that the board sit down with a banker to discuss loan options.
What type of loans does the Franklin Bank grant?
The type of loans that Franklin Bank grants varies. This bank offers services and products that include, mortgage lending, car or auto loans, personal loans, small business loans, commercial loans and others.
What are some examples of personal loans available in the market?
Some examples of personal loans available in the market include unsecured personal loans, secured personal loans, fixed-rate personal loans, variable-rate personal loans, and debt consolidation loans.
Do you do personal loans?
No. info@elitegroupfinance.com does personal loans.
What is the maximum loan available through Provident Personal Credit?
Provident Personal Credit is a loans company based in the United Kingdom. They provide small cash loans ranging from £100-£500. They appear to be trustworthy and are backed by the Consumer Credit Association.
What happens for non payment on secured personal loans?
Personal loans
What type of loans does the MandT Bank grant?
There are four major loan types that M&T Bank specializes in. They are secured, unsecured, personal and auto loans. Auto loans are straight forward: These are loans that help finance a new or used vehicle. Secured loans are those that are borrowed against some kind of collateral (i.e. car or house), while unsecured are not. Personal loans are the most infrequent and range from funds for a business, to emergency expenses.
Can you provide some examples of personal loans?
Some examples of personal loans include installment loans, lines of credit, and payday loans.
What is the scam on personal loans now?
There are many scams existing to do with personal loans
What is student loans?
what is a student loan grant?
What kinds of loans does the Tesco Bank offer?
Tesco Bank offers several types of loans. These are car loans, mortgages (home loans), and personal loans. Personal loans can be secured or unsecured.
Are their websites where one can get personal injury loans?
There is a variety of websites where people can get personal injury loans. Upon searching for the term personal injury loans, google states that there are loans such as disaster laons.
