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Resources Home > Funding Your Business > Business LoansBUSINESS LOANS
Websites
- An Overview of SBA Loan Programs
- Commercial Lender Directory
- National Association of Development Companies (NADCO)
Companies certified by the SBA to provide funding to small businesses under the SBA 504 loan program. - SBA
The US small business administration offers information on how to apply for certain loans and what is required. Learn more about the SBA and how to get started. - SBA Microloan Providers
- Virgin Money
Virgin Money, one of Richard Branson's many ventures, helps to structure and document small loans among friends and family.
Articles
- A Bank, at Your Service
The number of start-up banks is on the rise, and they're competing with the big boys by catering to business owners. - Answering the Tough Questions
A bank will scrutinize your past business performance. Are you prepared to answer the tough questions when your banker asks them? - Attacking a Loan
"7 knock-'em-dead strategies to use when negotiating with hard-nosed commercial bankers." - Banking 2.0: New Capital Connections for Entrepreneurs- Forbes.com
This article discusses some of the payoffs and pitfalls of some of the new alternative methods of raising capital today. It outlines how some ways are available for obtaining financing online without going through the traditional bank structure. Specifically, the article discusses how to obtain financing online and through social networking sites, and some of the risks and benefits this sort of financing provides. - Can Your Bank Do This?
"A number of entrepreneurs define for Inc. what makes an exceptional small-business commercial bank." - Getting Into the Mind of a Lender
"When trying to get a loan, it helps to view things from the lender's perspective." - Going for Broker
"At the end of your rope for ways to finance your business's growth? Forget the usual suspects and try the last place you'd think of." - How To Pitch To Family and Friends
It can be a tough situation when asking family and friends for money, but there is a really good reason to do so: they trust you. Learn the proper way to pitch your idea to mom and dad so they will want to invest in you. - How To: Deal with Your Bankers
Investment firm chairman gives advice on negotiating deals with bankers. - Learning to Live with (or Without) Your Banker
"Questions you should ask yourself before deciding what kind of banking strategy your company needs." - Lilliputian Loans
"When it comes to financing, bigger isn't always better. Have you tried an SBA microloan on for size?" - Me and My Banker
"A hot-company CEO and his banker open up about a relationship that actually works. Sort of." - Money For Small Businesses
Instead of grants, think SBA's. Learn about SBA's and how they can apply to you and which ones might be most helpful for you. - Regardless of Your Business Structure: Be Vigilant with Debt
Even if you structure your company as an LLC, you may not realize that your personal assets are at risk until it's too late. - The Few, the Proud, the Bankable
Can you get a bank loan from the get-go? It's tricky, but these entrepreneurs did it. Here are their tips for securing a line of credit for your start-up. - The Lowdown on Business Loans
"If you're seeking a loan for your business, make sure you understand the basics." - Think Global, Borrow Local
"Every time you turn around, it seems like one big bank is merging with another big bank. Or, they're gobbling up smaller banks like they're going out of style. This leaves us all with mega-sized institutions with the willingness to increase fees and skimp on personal touches. So here's something you should consider: your local, community bank." - Understanding Loan Covenants
Getting a bank loan? Take these simple steps to make sure you understand the fine print -- before you sign a loan agreement. - What Your Banker Forgot To Tell You
A CFO explains the benefits of examining your banking services, plus a complete banking makeover. - Who Needs a Bank Anyway?
"Nontraditional lenders are emerging as a real alternative to bank financing for growth companies." - WSJ Online- Latest Groans: Small Business Loans
Until recently, startups that had been formed a day ago could, in some cases, borrow as much as $100,000 in less than 24 hours off of a one-page application. Not any more - many financial institutions are tightening credit standards. - You're Approved!
"Your goal is to secure financing. Your prospective lender's goal is to understand your company's financial and non-financial aspects so well that he or she becomes comfortable with giving you money. Therefore, to best meet your need for capital, you should try addressing the needs of the lender first."
Tools & Utilities
- Sample Bridge Loan Promissory Note
Sample (and simple) promissory note sample used by Silicon Valley's Band of Angels.
Disclaimer: Inclusion in this directory does not constitute an endorsement. The materials linked to from this page are copyrighted to their respective owners.
