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...
Working Capital Loans from Coffman Capital
Working Capital forYour 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 Loans are now available with excellent...
SBA Loan Payments Forgiven for 6 Months!
SBA Loan Payments Forgiven for 6 Months! If you hadn’t heard, the CARES Act indicates that not only are all the SBA loans already issued not required to make payments for 6 months, but NEW LOANS closed by September 27, 2020 will also not have to make payments...
Personal Financial Statement FAQ’s from Coffman Capital
Personal Financial Statement FAQ’s 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, since...
Forgivable Emergency Loans Applications Start April 3
Congress passed the Coronavirus Aid, Relief & Economic Security (CARES) Act last week. The Paycheck Protection Program applications will be accepted starting Friday April 3. Please see attached article for News by clicking HERE Please contact...
COVID 19 Emergency Loans Coming
Congress passed the Coronavirus Aid, Relief & Economic Security (CARES) Act and soon there will be SBA (Small Business Administration) loans available based on payroll levels and other measurements. The actual guidelines have not been confirmed, but have...
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...
Biz Info
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