Author Topic: Requirements for a Small Business Loan  (Read 180 times)

Offline GreatShang

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Requirements for a Small Business Loan
« on: November 06, 2013, 10:31:57 PM »
What are the requirements that need to be submitted to banks and other loaning companies in order to be granted a small business loan?
« Last Edit: November 06, 2013, 10:31:57 PM by Guest »
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Offline GreatSilly

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Re: Requirements for a Small Business Loan
« Reply #1 on: November 06, 2013, 10:32:25 PM »
The new small business loans eligibility requirements as set by law should be that you need to be cl*ified as a small business. The Code of Federal Regulations provides for the requirements of small businesses and how you can be considered as one of the small businesses under the law.
« Last Edit: November 06, 2013, 10:32:25 PM by Guest »
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Offline GreatTheat

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Re: Requirements for a Small Business Loan
« Reply #2 on: November 06, 2013, 10:34:27 PM »
In order to know how to get a small business loan, what you need to remember Is that loans can only be attained one guarantor at a time. For instance, SBA loans should not come in conjunction or of other loans, whether state *nded or private loans offered by banks. You should only take out one loan and have the necessary requirement for processing and approval of such a loan.
« Last Edit: November 06, 2013, 10:34:27 PM by Guest »
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Offline Greatworm

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Re: Requirements for a Small Business Loan
« Reply #3 on: November 06, 2013, 10:34:44 PM »
Small business ideas should be the primary thought when it comes to a small business loan. Since small businesses mean a small capital or net worth, the maximum amount that you can take out for this kind of business should not exceed 2 million dollars, as part of the contract price. This sets the bar on whether you’re a small business, or should get financial *istance on a corporate level.
« Last Edit: November 06, 2013, 10:34:44 PM by Guest »
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