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How to calculate the loan payments?

There are certain pricing metrics which needs to be considered while calculating the loan payments. Some of these are mentioned below: Total Cost of Capital: this determines the overall cost of capital based on the weighed average of those costs. Annual Percentage Rate: It is…

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How to build a business credit?

The financial card history is the first checkpoint a lender looks upon before providing any kinds of credit. Mainly the lenders look upon the following ways to determine the capability of having a business credit, they are: Business debt coverage Business debt usage Business revenue…

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Does the Credit Score matter?

Yes, the credit score does matters while reviewing your card history. The lenders do keep a check on the credit score to determine whether one qualifies for any small business loans. Having an excellent credit will help in accessing larger loans with favorable rates of…

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Are the SBA loans funded by the SBA?

The SBA acts as an intermediate between the business and the lender. It establishes several guidelines to be followed guarantying a portion of those loans. Even if the person who took up the loan has short track of business record, the SBA guidelines makes sure…

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How do the SBA Loans function?

The Small Business Administration (SBA) is an agency that is planned/organized to lend financial aid to whosoever wants to start a small business. Anyone who wants to built their business from the scratch can get all its help from the versatile plans of the SBA…

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