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SFGTV2 July 23, 2013 - Vimarsana News

SFGTV2 July 23, 2013

Sba guaranteeing the entity . The question on the sba guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any Small Business lending, you should expect to be guaranteeing that long personally. As a smallbusiness owner, from a lenders point of view, we want to see that you are as invested in the business as you are asking the bank to be. The idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. You should assume you will guarantee the loan regardless of the stru...

SFGTV2 July 28, 2013 - Vimarsana News

SFGTV2 July 28, 2013

Generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have ...

SFGTV2 July 30, 2013 - Vimarsana News

SFGTV2 July 30, 2013

Guarantee the loan regardless of the structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Fr...

SFGTV2 September 3, 2013 - Vimarsana News

SFGTV2 September 3, 2013

The principles, the corporate form, to provide guarantees. Personal guarantees. The same. 20 ownership in the company. [inaudible] [inaudible] i heard something about sba guaranteed loans. Maybe i missed something. Does that have to do with the sba guaranteeing the entity . The question on the sba guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any Small Business lending, you should expect to be guaranteeing that long personally. As a smallbusiness owner, from a lenders point of view, we want to see that you are as invested in the business as...

SFGTV2 August 4, 2013 - Vimarsana News

SFGTV2 August 4, 2013

Applying for sba loan of less than 50,000 . How much money do we need to have in your bank to apply for a loan . I am on the smaller side of the bank. I am a transaction guy. I do not technically require one to have an account to do a loan with. What i look for, i generally start at 100,000 and up. When it is a requirement of 50,000 or less, i tend to call of the micro guys to help me out. That is right in their box. For us, the capacity for us to do the smaller side is not there as much as it is for them. On getting a loan through my side of the bank, i do not require an account to do that. W...