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Newsletter / Newsletter Winter 2007
1. Case Study: Get Credit With Poor Credit
The owner wanted to add 25 cars to his fleet and needed an additional $400,000 to $500,000 over one year. With a personal credit score in the low 600s, weak tax returns, and the major company assets (limousines) already under lien, the owner did not qualify for a traditional line of credit...
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2. Business of the Quarter: Dunkin Donuts Franchisee
Real estate ownership allows business owners to increase cash flow and avoid lease hassles and expensive rent increases. Plus, Selwanes says, if the family ever decides to exit the donut-and-coffee market, it can sell the donut shops and still make rental income from the property...
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3. Q&A: Commercial Lender On Loan Approval
What criteria does Business Lenders review before approving a loan? We understand that each loan is unique. However, for every loan we review the personal credit and experience of the borrower, cash flow from the business, and collateral coverage...
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