Building a Relationship with Your Bank: Date Before You Marry
A Visit to the Bank: Popping the Question
Keep Your Relationship with the Bank Personal: When the Honeymoon is Over
Getting the Right Bank Loan: My Porridge Is Too Hot!
Navigating the Maze of the SBA: Are We There Yet?
Angels, Venture Capital and the Myth of the Shark Tank
The Sun Will Come Out Tomorrow: There are Options
Asset-based Lending: Need a New Piece of Equipment?
Factoring: Tap Your Accounts Receivable
Real Estate Loans : Location, Location, Location
Merchant Cash Advances : Credit or Debit?
They Call It a Credit Card for a Reason: Don't Leave Home Without It
Peer-to-Peer Loans: Brother, Can You Spare a Dime?
Business Acquisition Loans: I Need Money Now Before the Opportunity Slips Away
Franchises: There's a Loan for That
Startup Funding: Crawl, Walk, Run
Crisis Borrowing: Help!
WOSB and other Loans: It's No Longer a Man's World
Small Business: The Backbone of America
Über den Autor
Ty Kiisel is a small business evangelist and veteran of over 30 years in the trenches of Main Street business. Kiisel writes about small business issues for Lendio (www.lendio.com), making best practices, tips, and advice to small business owners accessible by weaving personal experiences, historical references and other anecdotes into relevant discussions about leading people, managing a business and what it takes to be successful. Additionally, Kiisel shares his passion for small business every week on Forbes.com, The Business Fuel Podcast, and other industry publications.
Every day, Main Street businesses wrestle with the challenge of finding the cash to finance growth or use as working capital. The local banker often wants a credit score of 720, three or more years in business, and a fat savings account. No wonder local bankers approve only 10% of loan applications.
Getting a Business Loan: Financing Your Main Street Business shares something your local banker might not want you to know-small business owners have options. And this book describes those alternative lending sources in detail, as well as traditional sources of funding like banks and credit unions.
Half of all business startups don't make past their fifth birthday-and often because they can't find the financing required to sustain their operations. Whether you own a small restaurant, a bicycle shop, a hardware store, a small manufacturing company, or a service business, Getting a Business Loan offers easy-to-understand descriptions of loan options that can keep you going, as well as practical advice on where to look for money and how to apply.
What would you do with an extra $40,000? Expand your restaurant? Hire a new employee to fulfill a new contract? Buy a needed piece of equipment? Getting a Business Loan will:
Detail how bankers look at you and your loan application
Explain the menu of non-bank financing options available to business owners, like asset-based lending, factoring, merchant cash advance, local "hard money," and more
Show how to locate potential lenders via the Internet and other means
Show how to prepare before you visit the lender or fill out an application
Main Street businesses aren't limited by the local bank's footprint any more. There are people and institutions all across the country that lend money to small business owners. If you want to find the money you need to strengthen and expand your business, Getting a Business Loan will show you how.
Getting a Business Loan details the options small business owners have for financing growth or obtaining working capital. Learn how to get the money you need when you need it.