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Within what period of time do you have to pay off a business loan?
Wiki User
∙ 13y ago
The answer depends entirely on what the loan authors suggest as a time period to pay.
You may negotiate however for an extended time period but this more into human ethics and is more or less irrelevant.
Wiki User
∙ 13y ago
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What is one advantage of obtaining a business loan from a bank rather than from a venture capitalist?
A. The bank loan ensures that the business will be successful. B. The bank loan can be borrowed for a longer period of time. C. The business that receives a bank loan retains full ownership of its company. D. The bank loan can be obtained without paperwork.
What type of equity loan are you lent a lump sum which is to be paid within a certain period of time?
A second mortgage
What are the small business owners responsibilities to a lender?
Small business ownerrs have taken a loan which they are supposed to provide within the limited period of time and interest agreed upon. Best lenders are the ones that help entrepreneurs with businesses and guide them through the process rather than diasppear and appear only when the repayment time comes.
What is the Average time for a business loan?
ten days
What is the difference between home equity line loans and line of credit loans?
A home equity loan is a one time mortgage made against the equity of your property. On the other hand, a line of credit loan is not really a loan but is a line of credit you can access anytime within a set time period.
When would the appropriate time be to consider a business equity loan?
The most appropriate time to consider a business equity loan would be during periods where cash flows and cash reserves are scarce. By obtaining a business equity loan during this period, would ensure continued capital for the business.
What is one advantage of obtaining a business loan from a bank rather than from a venture capitalist?
A. The bank loan ensures that the business will be successful. B. The bank loan can be borrowed for a longer period of time. C. The business that receives a bank loan retains full ownership of its company. D. The bank loan can be obtained without paperwork.
What type of equity loan are you lent a lump sum which is to be paid within a certain period of time?
A second mortgage
According to the Business Dictionary what is the definition and meaning of time loan?
According to the Business Dictionary the definition of a time loan is a loan that is given to someone when they only have a certain amount of time to pay it off.
What are the small business owners responsibilities to a lender?
Small business ownerrs have taken a loan which they are supposed to provide within the limited period of time and interest agreed upon. Best lenders are the ones that help entrepreneurs with businesses and guide them through the process rather than diasppear and appear only when the repayment time comes.
What kind of loan is an auto loan?
An auto loan is a secured loan. A lien on the car helps the lessen the risk for the lender.
Can you sell a business to your spouse to qualify for a minority business loan?
You can sell your business to your spouse and if she is a minority, then she may be eligible for a minority business loan. You must ask the loan officer if the person has to be the owner for a certain amount of time before they qualify for the loan.
What do you call a loan tis obtained by the consumer who keeps the entire amount of the loan for a specific period of time and pays back the loan amount plus interests at the end of the loan period?
term loan:)
How Long Do I Need To Be In Business To Qualify For An SBA Loan?
There's no requirement regarding period of time running a business however, start-up companies are susceptible to additional injection (down payment).
What is the Average time for a business loan?
ten days
What is the typical repayment period for a small business loan?
There is a range between five and fifteen years that the loan has to be paid off by. It usually depends on the amount of money you are borrowing. The more you borrow the more time you will have to pay it back.
What is the difference between home equity line loans and line of credit loans?
A home equity loan is a one time mortgage made against the equity of your property. On the other hand, a line of credit loan is not really a loan but is a line of credit you can access anytime within a set time period.
