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Business Loans for New and Existing Enterprises Sponsored by BHM Financial
All businesses need capital in order for them to start their operations. • Hard part • Do not have the right amount of capital to start operations • Have some capital but it is not enough to jump start enterprise • Cannot even access the available financial resources • Big lending firms are now strict on who they would approve when it comes to borrowing a certain amount of money Sponsored by BHM Financial
Existing businesses that are surviving but need new capital • Expansion cannot access such financial resources due to bad credit standing are often disapproved • Business loans are now modified to fit a certain businessman’s needs • The payment terms are also very flexible, ranging from 1 year payback period up to 25 years. • Interest rates are often flexible and can be negotiated with the lending firm. Sponsored by BHM Financial
Some lending firms often require submitting documents to be approved. • 5 year business plans, feasibility studies and tax documents and among other things. • Gives the lending firm an idea how much can be lent to • individual who wants to engage on an enterprise • to an existing business Sponsored by BHM Financial
Business loans in the form of cash advances • Desired amount to be borrowed can be deposited to the business’ bank account • This is very useful to an enterprise that needs immediate access to a financial resource for their business Sponsored by BHM Financial
financial resources that individuals or businesses can access • If they need capital or additional capital for their existing enterprises. • Loan terms which can be negotiated to fit the financial situation of the individual. • Short period of processing time, would depend on the borrowers’ credit standing. • Perfect for those who want to start their enterprise or for those who want new capital outlay for their existing businesses. Sponsored by BHM Financial
If you need help with Business Loans contact Sponsored by BHM Financial