Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Advantages of Small Business Loans for Start-up Companies

By Jesse Baars Subscribe to RSS | May 18th 2012 | Views:
loading
 
  



Capital is one of the primary considerations of most businesses. Without it, an otherwise brilliant business plan cannot be executed on time. This is the reason most companies resort to loans as sources of funds for short and long-term use.

In the United States, banks and government organizations are the typical sources of small business loans. With these institutions, however, you need to file lots of paperwork that can take a long time to process, and you need a good credit history. If you are a start-up business with an unproven financial track record, you may find it more difficult to obtain these types of loans. This is where cash advances can help you.

In a cash advance, you can get money sufficient to start your business or meet emergency expenses immediately. In exchange, you gradually pay off your loan with your revenues, according to your agreement with your creditor. For instance, suppose you immediately get $500,000. If your monthly revenues are $25,000, and you agree to pay 20% of your monthly revenues to pay off the $500,000, you pay $5,000 every month, plus interest in exchange for the loan.

Because the periodic payment is based on an agreed percentage, rather than an absolute amount, you can give a smaller payment in slower times. For instance, using the same example above, suppose you only earn $15,000 in a month. This means your periodic payment is reduced to a minimum of $3,000.

The application process for small business loans for women is fast and easy. If you are starting your business when customers are more receptive to products like yours, you cannot afford to waste time. There isn’t much paperwork involved with these loans, and you can focus your energy and resources to managing everyday operations, instead of waiting in line as you do with most financial institutions. Additionally, these loans are usually on a short-term basis.

As you can infer from their name, you can get bad credit business loans even if you have a poor credit score. All you need to do is prove that you can generate enough cash to pay off the loan gradually. This also gives you the chance to improve your credit score over the long run, thereby increasing your chances of getting future loans when you need them.

Small business loans make your desire to earn high profits and meet customer needs a reality. They can give you cash on hand when you need it the most. For more information on these loans, you may read thedailymba.com/2011/02/14/the-advantages-of-a-business-loan.

Jesse Baars - About Author:
If you have questions, please visit us at www.shieldfunding.com for complete details and answers.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/advantages-of-small-business-loans-for-start-up-companies.htm

Related Business Articles Subscribe to RSS

Be first to adopt the profitable business of printer cartridge recycling!
Published by Jullia on November 25th 2011 | Business
Cartridge Recycling is a process of very profitable business.many companies have taken over this bus...
 
Does your business premises require Laminating machines?
Published by Mary Porter on June 27th 2012 | Business
If you have ever worked in an office you will understand just how much paper can be produced in a si...
 
How the pick and pack services can be beneficial to your business
Published by Diego Hall on February 29th 2012 | Business
The fulfilment houses are doing a good job with their pick and pack services. It is a boon for the b...
 
Personal loans finding the best one
Published by Mary Porter on June 26th 2012 | Business
If you own your own business or company you will be aware that the current economic climate is havin...
 
Why do you need the services of a business broker in Roseville?
Published by Businessbrokers on December 12th 2011 | Business
There are many other benefits too. Like confidentiality, better price and hassle free process. All t...
 
Real aspects of moving freight business
Published by Pittervertigo on June 26th 2012 | Business
Moving of goods, people, etc from one place to another is the job of the transport companies. There ...
 
A decent online classified ad makes your business grow in no time.
Published by Harry on February 24th 2012 | Business
Being able to online advertise your website, business or sale purchase of anything, and if you have ...
 
Could Pavement Signs help to advertise your business?
Published by Mary Porter on June 29th 2012 | Business
It is essential for any bar, restaurant, shop or other retail outlet to stand out from the crowd on ...
 
Limited company advantages: the greatest defense for a business owner
Published by Crowin Smith on February 13th 2012 | Business
The business laws that govern the world of business have to be understood properly before taking fur...
 
Growth of the business depends upon the technology it adopts
Published by Oaktan Solution on April 18th 2012 | Business
Business Intelligence basically has various applications and also the technologies which are respons...
 
Online business and its importance in the digital age
Published by SharonThomas on June 14th 2012 | Business
Online business is gaining more attention. Internet is used to find locations, shopping, look up for...
 
Advantages of hiring SEO Next professionals for your online business
Published by James Blee on March 3rd 2012 | Business
SEO Next professionals are in fact the most sought after among business establishments that are look...
 
Using Refurbished device and Telecom Equipment for business houses saves cost
Published by James Blee on May 28th 2012 | Business
The idea of cementing business foot in this modern era is possible through invention of ideas in sav...
 
Find business gas prices and save money
Published by Ashish Pandey on December 28th 2011 | Business
Saving money on the business gas can be very beneficial to take off your business. By getting the pr...
 
Having a presence can provide considerable advantages business in Dubai
Published by Tim Robbin on December 28th 2011 | Business
Having a permanent office in Dubai is able offers many advantages in the Middle East. Businessmen o...
 
Financial management of a small business
Published by Adam Walker on April 11th 2012 | Business
Small business owners tend to many times think that it is best to do all the work by themselves. Tha...
 
Sahara India Pariwar expansion into dairy business
Published by Sanchita Kumari on June 29th 2012 | Business
Sahara India Pariwar is a Lucknow based Indian conglomerate which has business in diverse areas such...
 
For the ultimate luxury of business jets with a reliable, precise service contact the market leaders at Airmayfair.
Published by on June 21st 2012 | Business
We take our position very seriously, ensuring your trip is a safe and secure, and are very aware of ...
 
Role of Management in the success of a business
Published by Annphilip on February 1st 2012 | Business
What are the main roles of a manager in an organization? Planning is the major step to achieve the ...
 
Get involved in home based travel business to achieve freedom and success
Published by Tom Nagle on December 30th 2011 | Business
To experience complete freedom from routine workaholic life, at the same time to earn a lump sum amo...