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SFGTV2 October 28, 2012 - Vimarsana News

SFGTV2 October 28, 2012

Over time, allow you to pay it down. We have brochures back there. I encourage you to talk to us. Let me add on that. Over the last several years, a lot of Small Businesses have relied on their personal credit as a means to support the business. Also, they relied on home equity lines of credit, which in many cases do not exist anymore, also as a source for financing their business. As far as doing public contracting, one thing about public contract in that you can count on is the city of San Francisco will stay in business and pay its debt, just later than you would like it to be. When youre d...

SFGTV2 November 27, 2012 - Vimarsana News

SFGTV2 November 27, 2012

An Opportunity Fund will look at your story in addition to your score. Some are limited to your score, that if it is above or below a certain threshold, and they are may not work with you. Not every one of the lenders is going to see your situation the same, so you should be shopping. [inaudible] you can do contract financing. That exists. But a line of credit is probably what youre looking for. Thank you, marc. I have a question from the audience about a burgeoning market. Any avenues for San Francisco medical cannabis dispensaries . Open to the panel. In terms of financing . I can tell you w...

SFGTV2 March 12, 2013 - Vimarsana News

SFGTV2 March 12, 2013

Open to the panel. In terms of financing . I can tell you what will be the licensing and zoning regulations, but i think i would turn it over to our financial institutions, in terms of in terms of the type of business that you would consider financing. We look at all kinds of business. We always want to see a business plan. We want to see the cash flow. Just like the lady before, you can have a good plan, but if you do not have cash good credit is always important. People sometimes have no cash or they may have a cosigner or partner that could help. Opportunity fund is a 51 say 501 c nonprofit...

SFGTV2 March 5, 2013 - Vimarsana News

SFGTV2 March 5, 2013

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 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 w...

SFGTV2 February 26, 2013 - Vimarsana News

SFGTV2 February 26, 2013

As a micro lender, we expect 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 a...