Top 5 Considerations – Startup Business Loans

October 14, 2009 · Posted in Green Business Loans, Green Industry, Green Venture Capital · Comments Off 

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If you want to start your own company it will take a little money to get started and on your feet. Banks put many things into consideration when you ask them for money for startup business loans. Here are five of the most important considerations when you want money from a bank for a loan for your new company.

1. When you want to get money from a bank the first thing they will consider with startup business loans is your credit. You should have a healthy credit score that looks great. If your credit is bad it tells a lender that you do not repay your debts and this may stop you from getting a line of credit. Read more

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Venture Capital For Small Business Growth

August 14, 2009 · Posted in Venture capital · Comments Off 

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In past years, attracting venture capital interest might have been considered to be a relatively unchallenging feat by most successful entrepreneurs and small business owners. With a sound business model and a good growth strategy, it seemed fairly straightforward to obtain the financial investment and support which was needed to boost the business to the next level. However, recent months have certainly changed the face of venture capitalism, and it is important to fully understand the most effective means of approaching investors in the light of the economic downturn.

There are many small business owners who have shied away from the concept of venture capital in recent times, for three main reasons. The first reason tends to be a general uncertainty as far as the economy is concerned. With global financial institutions and national banks collapsing in ruins as a direct result of risky or foolhardy investments, how is it possible to find a good, solid investor? The last thing any business needs is an investor promising the finance and then failing to deliver. Read more

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How to Get a Business Loan in an Economic Crunch

January 7, 2009 · Posted in Green Business Basics, Green Business Loans, Start Up Business · Comments Off 

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With the current U.S. economic conditions, financial institutions are tightening their grip on funds. Markets have dropped dramatically, foreclosures are popping up like daisies in the spring and small-town banks have gone belly-up to be purchased by larger banks. Every day brings newscasts with more dreadful financial tidings and we’ve been warned that loans will be harder to secure. So, if your business is in need of working capital, you may be thinking that the outlook is pretty bleak. There is hope, however and there are a few things you can do to increase your chances when you sit down in front of that loan officer.

First, you need to develop a positive attitude. That may seem difficult, given the point of view of the media and the general population. It may be easier, though, if you simply remember a few important facts:

Lenders have to lend to make money. Financial institutions don’t simply gather funds. They make money by loaning money. Your finance charges and interest are your bank’s bread and butter. The bank has nothing to gain by hoarding funds because there’s a crisis.

Business is a good investment. It’s obvious that our financial institutions need something other than the housing market to invest in. Businesses like yours contribute to the economy, pay taxes and employ our citizens. Your government and your bank want you to stay in business. Read more

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Business Finance Options For New Start-Ups

January 7, 2009 · Posted in Green Business 101, Green Business Investments, Green Venture Capital · Comments Off 

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There are various business finance plans open to a new start-up, but they all fall into 2 major categories, namely, owner financing and borrowed business finance. Each of these 2 major categories has an upside and a downside that every entrepreneur seeking business finance should be aware of. The key to success in business finance would then be finding ways to exploit the advantages of one’s chosen financing option, while also mitigating against its downside.

The first major business finance category is owner financing. Owner financing refers to money that the entrepreneur and other promoters of the business contribute to start it. In most cases, owner financing comes from the entrepreneur’s savings. Read more

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