Let SBA Expeditors cut through all the red tape, and get you up to $50k. You will learn: How and where to find a lender What you need to submit to the lender How to get started immediately The best way to get approved in less than 30 days Most loan brokers and banks charge on a percentage basis to assist you in obtaining your loan. This can amount to thousands of dollars.
For the original version including any supplementary images or video, visit http://bit.ly/1mpyZ6P
Banks want to see a business has been profitable for the past two years. Banks want to know that their loan is secure and will be repaid. Banks are risk averse, meaning they only lend on a sure thing. For example, banks look for scenarios like this: A borrower asks for $100K to buy a building that is on sale for $200K. The building is rented out at a rate of $20K a year to a national corporation for the next 15 years, and the borrower is putting $100K. Banks love deals like this. They usually charge a low interest rate of prime plus 2%. For Small Business Owners, this does not work. Small business owners are usually in this situation: The small business has the opportunity to start selling to a new, yet very large customer. The new customer is so large and they say, we will pay you after 90 days.
For the original version including any supplementary images or video, visit http://scamlender.com/small-business-loan-interest-rates-high/