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  • 3 Steps To Securing A Small Business Loan

    Small business owners can sometimes struggle to secure the financing they need to move their businesses forward. For some, applying for a loan from a local bank is the answer. If you applying for a small business loan, here are some tips to help improve your chances of approval.   Create a Plan for the Funds When you apply for a small business loan, the bank wants to know how you plan to use the funds.
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  • Family Finances: Four Things You Should Know About Co-Signing Family Business Loans

    Many small businesses begin by getting a loan from the bank. But if an individual doesn't have very good credit, they may not be able to get the favorable loan conditions they want. One of the most popular solutions is to get a loan co-signed — but family members should be aware of what this means for them. 1. Co-Signing Makes You Jointly Responsible for a Loan Though it should go without saying, co-signing a loan also means guaranteeing the loan.
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