Financing

SMALL BUSINESS FINANCING SOURCES

Starting Where the Banks Leave Off

SMALL BUSINESS FINANCING SOURCES

IN THIS CURRENT ECONOMIC ENVIRONMENT, FINDING FINANCING FOR YOUR BUSINESS CAN BE EXTREMELY DIFFICULT – IF NOT IMPOSSIBLE

Small business financing and working capital can be a matter of survival; however, it can also be a vehicle for growing your business.

Currently (going into 2010), there are some real bargains out there. For example: a competitor up for sale at a substantial discount, a large inventory for sale at a bargain price, contractors willing to take a remodeling job at a very low  bid just to be working, advertising at prices never before seen, just to name a few.

In prior economic downturns history shows that those businesses that were able to survive the tough times, were able to emerge much stronger and with a bigger market share.

Some of the problems encountered in trying to obtain financing at this point in time are as follows:

  • Financial Institutions and banks unwilling to lend under any circumstance.
  • Red lining and prohibiting certain industries considered to be higher risk.
  • Raising the credit and underwriting qualifications.
  • Lowering the lending amounts and funding caps.
  • Underwriters looking for any sign of weakness and stress.
  • Shorter lending or funding pay back terms.

SMALL BUSINESS FINANCING SOURCES

Please See Our Sister Sites:

WWW.DIVERSIFIEDBUSINESSFUNDING.COM

WWW.SMALLBUSINESSKICKSTARTER.COM







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