Small Business Loans - PowerPoint PPT Presentation

About This Presentation
Title:

Small Business Loans

Description:

Whether your business is in need of the startup stage, experiencing growing pains or need some working capital, Express Funding Group provides small business loans and lines of credit for startups & existing projects. Visit them at to know more. – PowerPoint PPT presentation

Number of Views:597
Updated: 11 December 2013
Slides: 4
Provided by: merchantloans
Category:

less

Transcript and Presenter's Notes

Title: Small Business Loans


1
Express Funding Group
2
Various Ways to Finance Your Small Business
Successfully
  • Finding a loan for small business can be
    a tough proposition for the uninitiated. Do you
    feel that your endeavor is going to be the next
    BIG thing in the coming times? Is finding proper
    financing the only hurdle between you and your
    business goals? Do not fret! Many ways are
    available to get the money you need for your
    start-up. The first option of course is a bank
    loan. If you have the appropriate collateral and
    have a stellar financial record, getting your
    loan approved is going to be easy.A second
    mortgage on your home or credit card loans are
    other ways to get the financing you need.
    However, when you go for bank loans and other
    related credit options it is important to
    understand the related risks. For example, if you
    are unable to pay back the mortgage amounts, you
    may lose your home. Credit card loan interests
    almost grow exponentially. As a result, you may
    become saddled with too much too soon. If your
    business venture fails to take off as expected
    then your financial future may be in jeopardy. So
    are you ready to take this high-risk option for
    the sake of small business financing? It is up to
    you to decide the course to take.Use your
    business shares to invest in the new venture. If
    you feel that your venture is good enough and you
    can sell the idea to interested investors,
    finding financing for your endeavor is not going
    to be difficult. Those interested can become
    partners in your business by purchasing shares of
    the same. In order to do this however you will
    need to prepare a detailed portfolio highlighting
    your current state, past accomplishments, future
    projections, and past performance related to
    sales. Small businesses can also get operating
    capital from companies. In order to get this you
    will have to sign an agreement, so make sure that
    you understand the related terms
    thoroughly.When it comes to finding loans for
    small business, you can also go for renewable
    loans. Here you will again become eligible for
    getting money once you repay the taken amounts.
    In such an arrangement, there are no collaterals
    but you will have to pay high rates of interest,
    which interestingly enough are lower than credit
    card loans. This is a useful way to arrange
    amounts for dealing with seasonal cash
    requirements or for financing your day-to-day
    operations.When no other way of getting the
    short term business loans seems forthcoming,
    delve into your personal financing capabilities.
    Using your savings to get the launch you require
    is a risky yet easy way to deal with your
    business issues. You should go for such an option
    only when it is the last one available or you are
    sure regarding the related returns. Borrowing
    from family members or even friends is another
    feasible idea. Here again, you are risking a
    personal relationship for business gains! Do you
    think it will be worth your while? If the answer
    is YES, go ahead. Otherwise, try finding another
    way instead!

3
Contact Information
  • Express Funding Group
  • Address 6901 Jericho Turnpike, Suite 218
  • Syosset, New York
  • United States, 11791 Phone (800) 505-8117 Toll
    Free Fax (800) 861-1442
  • Email customerservice_at_merchantloans.com
  • Website http//www.merchantloans.com/
Write a Comment
User Comments (0)
About PowerShow.com