How to Underwrite a Business Loan?

how to underwrite a business loan?

The lenders use several factors to determine the amount of debt that your business is able to repay. In the process of underwriting business loans, both human expertise and technology are used. Cash flow, your credit score, cash on hand, revenue, profit, current debt, and the amount of loan requested are important factors in determining … Read more

How to Get a Business Loan with an LLC? [2022]

How to Get a Business Loan with an LLC_

Developing or starting a new business is not a piece of cake for everyone, but some sharp-witted and extraordinary people make it easy. Uncountable people are doing business, but only some are spreading and developing it, why? Because they know how to spread their business if they do not have much money. They know how … Read more

What Happens To Small Business Loan If Business Fails?

What Happens To Small Business Loan If Business Fails?

Being your own boss has been the most lucrative working option from the past to the present, especially due to the Covid-19 pandemic and will possibly continue to be in the future. Freedom is the key point of interest here. But is that really true? According to “successful” people, yes. Self-employment or owning a business … Read more

What Happens to PPP Loan if Business is Sold?

What Happens to PPP Loan if Business is Sold

What is a change of ownership? According to the SBA, a change of ownership occurs when: One or more transactions in which a third party or affiliate of the borrower obtains 20% or more of the ownership interest; In one or more transactions, a transfer of 50 per cent or more of the borrower’s assets; … Read more

How to Get a Start Up Business Loan Without Collateral

How to Get a Start Up Business Loan Without Collateral

There are very few options for no personal guarantee business loan for start-ups. Well, we are not saying it’s impossible to get a business loan without collateral but the chances are rare. In this blog, we are going to share how to get a start-up business loan without collateral and what other formalities this type … Read more

Lawsuit Loans New Jersey USA 2021

Lawsuit Loans New Jersey USA 2021

Lawsuit loan funding or litigation funding is the process of providing financial support to the plaintiff if he/she is not able to fulfill their financial requirement while the case is in court. A plaintiff or injured victim can seek help from legal funding companies who provide loans or advance settlement to the victim if they … Read more

Physician Business Loans USA 2021

Physician Business Loans USA 2021

Physician Business Loans USA 2021 It is the dream of every physician or a specialist to one day start their practice and earned a reputation in their field. The practice of medicine is a noble profession but without the desire of improving or expanding even a physician can lose his/her goal. We all desire to … Read more