Episode Details
Back to EpisodesHow to Get a Business Loan Even When You Think There's No Way You Can Qualify Livestream
Published 6 years, 6 months ago
Description
Come join us on our live training event to discover how to get a business loan even when you think there's no way you can qualify.
During this livestream, you'll discover …
- How business credit takes away your dependence on loans…
- … and instead gives you an asset your business can use for years to come…
- … including the ability to get better loan terms
- Conventional banks have strict qualifications requirements…
- … they often want to see 2-3 years of tax returns before they will lend you any money
- Borrowers must show a solid cash flow…
- … a track record of profitability and…
- … success in a similar business endeavor
- But don't give up on loans!
- You can get startup loans to buy equipment
- Using collateral can be the key – get creative!
- You can use stocks or a 401(k)…
- … or work with a guarantor…
- … or try accounts receivable or inventory financing
- Try accounts receivable factoring or inventory loans
- Another option is equipment sale – leaseback
- House flippers can use real estate for financing…
- … and insurance agents