While alternative lenders – like the web-based peer-to-peer enterprises – have been getting a lot of attention in the media, it’s the large banks that are really making small business lending “news” right now. Big bank loan approval rates to small businesses hit an all-time high in the June 2017 Biz2credit Small Business Lending Index. […]
This is a sponsored post written by me on behalf of 401(k) Business Financing for IZEA. All opinions are 100% mine. The relationship between startups and banks is – more often than not – a tenuous and uneasy one. While many business owners view banks as “too big to fail,” thousands of those same entrepreneurs wanting to […]
We are fortunate to be living in a time when new financing options for funding your small business are popping up every day. However, they all come with limitations. Here is a super quick rundown of some: Banks. Hesitant to loan money to unknown founders. Crowdfunding. With some the money you raise will be taxed […]
In this episode of Small Business Secrets with Susan Solovic, guest Ami Kassar, the co-founder of MultiFunding.com, explains how his company helps businesses with the right loan for a small business at the lowest possible rate.
“Two weeks ago I signed a contract to buy a business. I didn’t use a lawyer because the contract seemed fair and I felt I understood what it said. I put up a $25,000 deposit to buy this business, and the closing is in two weeks. The seller’s attorney has been calling me every day […]