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Why might a business need a short-term loan and a long-term loan?
Wiki User
∙ 14y ago
Short term loans are good for non-regular expenses that come up.
Long term loans are good for equipment and other depreciable assets.
Wiki User
∙ 14y ago
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Can you use a personal business loan for your small business?
Yes, you can use a personal business loan for your small business, even though you might need to consider a small business loan for those purposes. Personal business loan rates are also higher.
Where can one find a business loan lead?
Typically, a business loan lead is obtained by a commercial lender or broker. These leads are usually purchased in bulk from information aggregators, who will gather the details from certain public information sources to determine businesses that might be in need or want of a loan.
In general would interest rates for a personal loan be lower or high than those for a business loan?
In general the interest rates for a personal loan would be higher than for a business loan. The risk of losing money with business loan is not as high as with personal loan.
What kind of loan do you need to purchase a piece of a small business?
You may either apply for a small business loan or a personal loan. Google small business loans
You cosigned on a loan without mu spouses knowledge - Have you rished his business?
You are responsible for co signing the loan. If you are partners with your husband in his business, have a loan together on the business, then yes, the business becomes an asset that could be attached if the loan you cosigned on should be defaulted on.
Are you looking for a long term loan?
No; I am looking for a longterm life
how do i get my money on hold in bank for unsecured loan?
I do not understand what you are trying to do. How is your money on hold at a bank? Is it in a longterm CD?
Can you use a personal business loan for your small business?
Yes, you can use a personal business loan for your small business, even though you might need to consider a small business loan for those purposes. Personal business loan rates are also higher.
Where might a person acquire a business start up loan in Nebraska?
A person might acquire a business loan in Nebraska by visiting their preferred local bank with a proposal. You can usually find more information regarding small business loans on the bank's official website.
How might a statement of cash flows be used?
You might use it to apply for credit (a loan).
How do you get a loan to buy an existing business What extra steps do I take if I have bad credit?
You might be able to get a loan even with bad credit. You will, however, get the loan at a very high interest rate.
Can You Claim A Business Loan?
No, a business loan is not a prize, it has to be negotiated on the basis of a business plan.
What Are The Reasons I May Be Rejected For A Business Loan?
Frequently your credit history is why you are rejected for a loan. In case you are viewed as a risk, and your credit history indicates that with prior lenders you time after time made late payments or skipped payments or defaulted on a business loan, it may affect your score and might result in your being rejected for the business loan.
Had It's a Wonderful Life been set in the 1980s George Bailey's business might well have collapsed in scandal anyway What business was this?
A savings and loan
Who is Needed To Sign Personally On A Business Loan?
Generally, individuals who own 20% or more of borrowing entity must sign personally on the business loan. This might vary based on the transaction type and also the possession structure.
Where can one find a business loan lead?
Typically, a business loan lead is obtained by a commercial lender or broker. These leads are usually purchased in bulk from information aggregators, who will gather the details from certain public information sources to determine businesses that might be in need or want of a loan.
How do you get a lien off your property when the loan was paid off but the loan agent didn't remove it from the deed and is now out of business?
I think you might need a real estate attorney.
