Case Study /SBA Term Loan
1. Wholesale Distribution Business Refinances an SBA Loan with a Traditional Loan
In 2006, an entrepreneur used a 10-year SBA loan to purchase a small business that distributes discount goods and beauty products...
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2. Motel Owner Buys a Gas Station with an Unsecured Line of Credit and an SBA Term Loan
An entrepreneur owns two motels in Illinois, one valued at $500,000 and the other at $2.5 million. Both motels have been lien-free for the past 8 years...
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Small Business News

Apple Expanding into Small Businesses

2010-07-30 12:36:39

Apple Inc is planning to undergo a major expansion. The company that has products like the iPhone and the iPad is now targeting small business. They are planning to hire engineers in at...

Business Credit Cards Easy to Get, But Won’t Help Economy

2010-07-29 12:32:54

We’ve heard how difficult it is for small businesses to secure bank loans, a new Fed report says that banks have been very willing to issue small business credit cards.

About 75 percent of applicants in...

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