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Sunday, April 6, 2008

Small Business Loans

Small business loans provide a number of financial assistance to small business owners. Whether you're looking to start your business, buy a business or grow an existing business a small business loan can aid you in obtaining the leverage you need. Business owners in today's world don't always have the desire funding they need to start a business or grow an existing one.

A small business owner can obtain small business loans if several minimum qualifications are in place. The qualifications are simple, 670 fico score with a clean responsible credit history and a corporate credit rating of a 65 paydex score or better.

Obtaining a small business loans isn't that hard but what is require might mean a lot to someone who does not have the personal and business credit in order to obtain the loan. The majority of business loans do not required a personal guarantee or collateral. That is why a responsible personal credit history plays a big roll in obtaining the financing.

Without a doubt business loans play a crucial roll in building your business. Without these leverage tools small business owners would never have the opportunity to grow their business into the freedom and independence that they desire.

A small business loan can be funded in as little as 20 days from inception. So why wait when the time is wrong for you to seek the financing that can help your business grow today? Those business owners that can preempt things today are the one who can benefit the most out of a small business loan today.

Waiting for the last minute to hit a home run in business is like waiting for the storm to clear up hoping that things will get better when you really know that they won't. A small business loan will provide the secure your business needs today.

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