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3 Top Reasons Entrepreneurs Are Expected To Have Collateral Handy
You’re a business owner. You want to grow your business. You are hoping to secure funding in an effort to do so. Does this sound like you? The truth is nearly every small business owner is in the same position. This is what makes collateral so important. Collateral is described as an item of value that a lender can seize…
4 Common Pitfalls To Avoid When Buying Out A Business Partner
Have you had a falling out with a business partner? Are you considering moving forward with your company on your own? Buying out a business partner can be quite the challenge. It often involves complex negotiations and financial considerations, not to mention, emotional dynamics. It's a process that can easily go awry if not handled carefully. Here are four common…
Why Business Owners Often Get Their Bubbles Burst By Banks
Halloween arrives today! It’s the day when scary costumes and decorations are the norm. For small business owners, securing a business loan can be scary, no matter what day it is. Despite their best efforts, many find themselves faced with a frustrating and discouraging two-letter word: No. Rejection is always disheartening. This is why it is crucial to understand the…
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