Personal Financial Statement FAQ’s from Coffman Capital
Personal Financial Statement FAQs from Coffman Capital Perhaps the most important form in a loan package concerning the borrower is the Personal Financial Statement or PFS. The SBA form for this is called the 413 Personal Financial Statement. Paradoxically, being a...
Working Capital Loans from Coffman Capital
Working Capital for Your Businessto Expand or Start-Up!! Working Capital Loans from Coffman Capital Coffman Capital has provided financing for Professional Businesses throughout the U.S. since 1999! Working Capital Loansup to $150,000 are now available with...
Experts: Good Time to Start A Business
Are you still reeling from the state and local government restrictions placed on the businesses in your area – even your own? Apparently the business gurus think that now might just be a really good time to start a business. That may seem antithetical to a...
Forming A New Entity is Essential for a Business Loan!
Forming A New Entity is Essential for a Business Loan! When you buy your business and obtain a loan for business acquisition, the borrower will be the business itself, not you personally. You and any 20% or more owners will be the guarantors. So unless you...
Fed Cuts Rates a Full Point in Emergency Move
For more details please click HERE The Fed is making an emergency move that may or may not mean anything to most people – but if you’re in the business loan market – time to save! This puts Prime Rate at 3.25% where it was a few years ago when the economy was...
Fed Cuts Rates As Emergency Move
To see the WSJ article about the new Federal Reserve Interest Rate cut, please Click Here. This should be temporary, with the economy generally doing well, so if you’re on an adjustable SBA rate, they move quarterly and you may or may not see effects, and they...
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