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Who Has "Skin in the Game?"

Who Has "Skin in the Game?"

When applying for a small business loan, do not be surprised to hear your lender discuss “skin in the game.”  What does “skin in the game” mean to the...

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SBA Loans and Business Condos for Small Business Real Estate

SBA Loans and Business Condos for Small Business Real Estate

In general, a small business owner is in business to produce a product or service and they don’t want to be in the business of managing commercial real estate.  Nevertheless,...

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Federal Loan Programs for RV Parks and Campgrounds

Federal Loan Programs for RV Parks and Campgrounds

Are you seeking financing for an RV park/campground? Have you encountered some reluctance from your banker? Many bankers don't have experience lending to this industry and haven'...

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Proven Management Expertise is Critical for SBA Loan Approval

Proven Management Expertise is Critical for SBA Loan Approval

Statistics produced by the U.S. Small Business Administration have proven that a primary reason for a business failure, and a loan default, is inadequate management experience. For that...

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The Cost of a Small Business Loan: SBA Guarantee Fee

The Cost of a Small Business Loan: SBA Guarantee Fee

While an SBA loan through the U.S. Small Business Administration offers a lot of opportunity for the borrower, he or she must understand the costs associated with the loan as well.

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Evaluating Repayment Ability for an SBA Loan Application

Evaluating Repayment Ability for an SBA Loan Application

The SBA requires that the small business qualifying for the loan will ultimately have the capacity on its own to repay the loan

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What is an SBA 7(a) Loan?

What is an SBA 7(a) Loan?

Commonly referred to as a “general purpose small business loan”, SBA 7(a) loans may be used for any legitimate small business expenditure.

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Constructing a solid business plan for your SBA loan application

Constructing a solid business plan for your SBA loan application

SBA loans require business plans because they need to see that the small business owner has a plan for their future. Many small businesses fail due to cash flow issues, and the U.S...

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SBA Loans Through Eligible Passive Companies

SBA Loans Through Eligible Passive Companies

Whether you’re a new small business owner or a seasoned ‘veteran’, a certified lender can help you make SBA financing work for your commercial real estate arrangement....

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The Benefits of Seller Second Lien Financing for SBA Loans

The Benefits of Seller Second Lien Financing for SBA Loans

A small business can fall just a bit short in qualifying for SBA financing for a business or small business real estate property. That’s where seller second-lien financing can help.

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When to Add a Personal Guarantor to a Small Business Loan Application

When to Add a Personal Guarantor to a Small Business Loan Application

A good reason for a small business owner to think he can find a compatible lender would be if all five criteria have strong characteristics which can be documented by the lender. The...

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When the Small Business Lender Asks About Your Site Selection

When the Small Business Lender Asks About Your Site Selection

How important is the site selection process for a small business owner? Whether the business owns or leases its business facility, why does the small business lender (including lenders...

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Basic Financial Projections Required for an SBA Loan

Basic Financial Projections Required for an SBA Loan

Whether a business is approaching an SBA government-guaranteed lender for a startup business loan, or whether the business is already established and operating, most SBA lenders want to...

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Why Choose a Variable Rate SBA Loan in a Rising Interest Rate Environment?

Why Choose a Variable Rate SBA Loan in a Rising Interest Rate Environment?

Here are some reasons a floating-rate or variable SBA loan may be more beneficial for a small business, even in a rising interest environment.

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How to Finance Your New Car Wash Facility

How to Finance Your New Car Wash Facility

When you are planning on starting a small business or expanding an existing business, there is one concern that outpaces all others: Financing. Without the right financing, at the right...

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A smart Loan for Automotive Businesses

A smart Loan for Automotive Businesses

Through the SBA, small businesses in the automotive industry can get loans with partial government guaranties from the U.S. Small Business Administration.

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Building Success with an SBA Construction Loan

Building Success with an SBA Construction Loan

Constructing a new building is an exciting venture, but can bring about many dilemmas and potential risks.

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Federal Loan Program Helps build a retirement account with small business real estate

Federal Loan Program Helps build a retirement account with small business real estate

When you own instead of lease, you can build equity to create a valuable piece of commercial real estate. This owned property can then be rented out, or sold, along with business itself...

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SBA Construction loans for small business real estate

SBA Construction loans for small business real estate

For small business owners, it’s one thing to buy a building; however, it is an entirely different challenge to construct a new one. The decision to construct a building brings...

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What is a seller second lien?

What is a seller second lien?

Small business borrowers can use SBA loans to accomplish lower down payments, longer repayment terms, and easier qualifying criteria than conventional bank loans. Sometimes, however, a...

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SBA Financing for Buildings not owned by the small business

SBA Financing for Buildings not owned by the small business

Many small businesses own the real estate where they conduct their operations; however, they are often advised not to own the real estate in the same entity that operates the business.

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A Very Versatile Business Real Estate Loan

A Very Versatile Business Real Estate Loan

SBA government‐guaranteed loans are small business loans with partial government guaranties from the U.S. Small Business Administration. They are available to small businesses in...

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Refinancing Small Business Real Estate with SBA Loans

Refinancing Small Business Real Estate with SBA Loans

Sometimes a small business owner finds himself with onerous monthly payments on his small business property. The story could be one where the factors were all very positive for the...

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Why should a business owner choose SBA financing for real estate

Why should a business owner choose SBA financing for real estate

Tired of paying rent and wanting to own your own business facility? SBA loans offer many benefits for borrowers seeking SBA lending verses traditional bank lending, including assistance...

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Get a Second Wind with Seller Second Lien Financing

Get a Second Wind with Seller Second Lien Financing

SBA loans are an attractive alternative to conventional bank financing because borrowers can use SBA loans to achieve lower down payments, longer repayment terms, and easier qualifying...

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SBA Loan Advantages for Commercial Real Estate Developers

SBA Loan Advantages for Commercial Real Estate Developers

You may already know that SBA loans provide many distinct financial benefits for small businesses. One substantial SBA loan advantage is the ability to ease the overwhelming and...

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Financing Single-Purpose Small Business Real Estate

Financing Single-Purpose Small Business Real Estate

Small business owners sometimes face challenges financing single-purpose (or special-purpose) real estate to operate their businesses.

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Ways commercial real estate brokers benefit from offering SBA financing to buyers

Ways commercial real estate brokers benefit from offering SBA financing to buyers

Small business real estate, and small businesses are often represented for sale by a commercial real estate broker, or a business broker, who will earn a handsome commission from...

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SBA Loans for Commercial Real Estate

SBA Loans for Commercial Real Estate

When you run a small business, getting funding for the real estate you need can be very difficult. Finding the right commercial real estate to fit the needs of your business is a...

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Small Business Real Estate: Ownership vs. Leasing

Small Business Real Estate: Ownership vs. Leasing

Many owners struggle with the decision of whether to buy or lease small business real estate for their operations.

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Dispelling the myth about SBA loans

Dispelling the myth about SBA loans

I cannot tell you how many times I have heard small business owners say that they have not pursued SBA small business loans, because they take too long to procure, and the paperwork is...

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Examples of SBA Financing

Examples of SBA Financing

SBA loans are available for small businesses to finance any legitimate business expenditure. Due to the partial government backing on the loan from the U.S. Small Business...

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The price of your small business dream, is it worth it?

The price of your small business dream, is it worth it?

Government-backed SBA financing is offered to small businesses in order to make small business financing available with lower down payments, longer repayment terms, and easier...

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Facing the challenge of financing a small business start-up

Facing the challenge of financing a small business start-up

You have a dream for a small business start-up. You finally have a business plan which you think will work for you. You even have some savings for seed capital in the business, but it...

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SBA Government-Guaranteed financing for Self-Storage Facilities

SBA Government-Guaranteed financing for Self-Storage Facilities

Investment real estate is typically ineligible for SBA financing, because it is not “owner-occupied” by a small business as required by the U.S. Small Business Administration.

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Qualifying for a Real Estate Mortgage with the SBA Loan Program

Qualifying for a Real Estate Mortgage with the SBA Loan Program

Most small business owners focus upon conserving cash for working capital and for the growth of their businesses. Government-backed financing, with the SBA loan program, is a popular...

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Tips for starting an RV park

Tips for starting an RV park

With summer just around the corner, thousands of RV owners will be hitting the road, which means they’ll be looking for places to park their RVs and to take a rest when the day...

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Why use SBA Government-Guaranteed Financing for a Carwash?

Why use SBA Government-Guaranteed Financing for a Carwash?

When purchasing an existing or constructing a new carwash facility, why would a prospective business owner choose SBA government-guaranteed financing over conventional bank financing?

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Having Dreams of Owning Your Restaurant Real Estate?

Having Dreams of Owning Your Restaurant Real Estate?

Securing financing for single-purpose real estate, like a restaurant, can be more difficult than you think. Read on to find out why, and how an SBA loan can come through for you even if...

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SBA Loans & Leasebacks

SBA Loans & Leasebacks

Many small businesses are advised not to own the business and the real estate where it operates under the same entity. This “leaseback arrangement” can reduce liability and...

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Small Business Resources from SCORE

Small Business Resources from SCORE

Are you looking to start a new business or get small business financing for your current business? Did you know that there is a wealth of FREE small business resources available to you?

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Brokering a great deal on small business property with SBA financing

Brokering a great deal on small business property with SBA financing

Commercial real estate and business brokers earn their commission by finding the best buyer for their client. Normally, this means selling the business or property at the highest price...

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SBA Loans and Small Businesses

SBA Loans and Small Businesses

Small businesses are the backbone of the American economy, providing much needed jobs and services to their communities. With a lot of hard work, and a little luck, anybody can start up...

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Why small businesses should choose SBA loans for real estate

Why small businesses should choose SBA loans for real estate

Funding can be challenging for small business owners, especially when it comes to purchasing real estate where the business operates.

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SBA Lenders can order appraisal before your purchase is negotiated

SBA Lenders can order appraisal before your purchase is negotiated

Whether you are purchasing a small business, or you are purchasing a building for your small business, SBA government-guaranteed financing can almost always provide a lower down payment...

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SBA Loans for Franchises

SBA Loans for Franchises

SBA government-guaranteed loans are often used for financing the purchase or start-up of a franchise business. As with non-franchise businesses, SBA loans almost always have lower down...

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Finding the right location for your franchise

Finding the right location for your franchise

The success or failure of your franchise hinges upon one thing: location. The location you choose for your franchise will be the deciding factor in whether you become the owner of a...

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Small Business Loan Criteria: Owner Equity Requirements

Small Business Loan Criteria: Owner Equity Requirements

Every small business lender has its own individual appetite for the types and sizes of loans it wants to fund. By the same token, each lender will find comfort in granting the loan...

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How to Get Small Business Financing with Only 10% Down

How to Get Small Business Financing with Only 10% Down

Believe it or not, an owner can sometimes obtain small business financing from a bank to buy a small business property with only 10% of the project cost as a down payment!

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When should a small business owner consider SBA financing for their real estate instead of conventional bank financing?

When should a small business owner consider SBA financing for their real estate instead of conventional bank financing?

Since many businesses have a track record and good relationship with a conventional bank lender, SBA financing may not be appropriate for them. The business owner who will benefit from...

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Why would a commercial real estate developer be interested in SBA financing?

Why would a commercial real estate developer be interested in SBA financing?

SBA financing eligibility is attributable to real estate that is “owned and occupied” by a small business. If buying an existing property, the small business operating...

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The SBA Loan Approval Process and Time Frames

The SBA Loan Approval Process and Time Frames

The U.S. Small Business Administration has been supporting small business owners in the United States since its inception in 1953. Its lead program, the SBA 7(a) government-guaranteed...

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THE ADVANTAGES OF AN SBA LOAN for Real Estate

THE ADVANTAGES OF AN SBA LOAN for Real Estate

There are many reasons why a small business owner might choose SBA financing over traditional bank loans, but the primary reasons for choosing SBA loans for real estate have to do with...

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HOW DO SMALL BUSINESSES BENEFIT FROM AN SBA LOAN?

HOW DO SMALL BUSINESSES BENEFIT FROM AN SBA LOAN?

The SBA government-guaranteed loan program may provide lower down payments, longer repayment terms, and easier qualifying criteria than conventional bank loans.

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WHAT MAKES REAL ESTATE ELIGIBLE FOR SBA FINANCING?

WHAT MAKES REAL ESTATE ELIGIBLE FOR SBA FINANCING?

The SBA government-guaranteed loan program provides lower down payments, longer repayment terms, and easier qualifying criteria than conventional bank loans. Small businesses may use...

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The Advantages of SBA Construction Loans for Small Businesses

The Advantages of SBA Construction Loans for Small Businesses

When a small business owner decides that the business needs to own a newer, larger, or better facility for their operation, they have two choices. Should the business buy an existing...

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Save the Deal With Seller Second Lien Financing

Save the Deal With Seller Second Lien Financing

The U.S. Small Business Administration provides a valuable tool to help business brokers and commercial real estate brokers sell small businesses and small business properties. Whenever...

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Advantages of SBA Financing

Advantages of SBA Financing

If you are buying a business, expanding a business, buying out a business partner, or starting a new business, an SBA loan may be your best solution for financing. SBA loans almost...

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A Smart Loan for Automotive Business Real Estate

A Smart Loan for Automotive Business Real Estate

Americans love their automobiles, and many small businesses exist to accommodate the purchase, sale and servicing needs of vehicle owners. Operating an automotive business often...

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3 Ways SBA Loans Finance Small Business Real Estate with Only 10% Down

3 Ways SBA Loans Finance Small Business Real Estate with Only 10% Down

Small business owners want to conserve cash to grow their business. When they need a new facility for business operations, the down payment requirement for traditional bank financing...

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