What is a commercial Mortgage Loan?
Updated Oct. 9, 2013
A commercial mortgage is a mortgage loan made using commercial real estate as collateral to secure repayment.. A commercial mortgage is similar to a residential mortgage, except the collateral is a commercial building or other business real estate, not residential property. In addition, commercial...

How do I qualify for a commercial mortgage loan?
Updated Oct. 9, 2013
A commercial mortgage is a mortgage loan made using commercial real estate as collateral to secure repayment.. A commercial mortgage is similar to a residential mortgage, except the collateral is a commercial building or other business real estate, not residential property. In addition, commercial...

How do I borrow money for my business?
Updated Oct. 9, 2013
Borrowing Money for Your Business. After you have developed a cash flow analysis and determined when your business will make profit, you may decide you need additional funding. Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before...

SBA 504 Loan Program do you qualify?
Updated Oct. 9, 2013
504 Loan ProgramWhat is the 504 Loan Program?. The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation. As of February 15, 2012, the $50 Billion in 504 loans has created over 2...

SBA 504 Refinance your commercial Mortgage?
Updated Oct. 9, 2013
504 Loan Refinancing Program. Temporary 504 Loan Refinancing for Eligible Small Business Assets Under the Jobs Act.. Fact Sheet. Market research shows that a large percentage of commercial mortgages outstanding are set to mature within the next few years, particularly those held by community banks. As real...

Business Loan Application Checklist
Updated Oct. 9, 2013
Business Loan Application Checklist. SBA is not the only source for small-business loans. State and local economic-development agencies - and numerous nonprofit organizations - provide low-interest loans to small business owners who may not qualify for traditional commercial loans.. When it comes to...

What is a business IRS S Corp will it save me money? Christopher Shearer
Updated Oct. 9, 2013
S Corporation. An S corporation (sometimes referred to as an S Corp) is a special type of corporation created through an IRS tax election. An eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S corporation.. An S corp is a...

20 Questions to ask before starting a business - Christopher Shearer
Updated Oct. 9, 2013
20 Questions Before Starting a business. Ask yourself these 20 questions to make sure you're thinking about the right key business decisions:. Why am I starting a business?. What kind of business do I want?. Who is my ideal customer?. What products or services will my business provide?. Am I prepared to spend the...

Ideas for Growing Your Business - Christopher Shearer
Updated Oct. 9, 2013
Ideas for Growing Your Business. For those of you who have already successfully started a business and are ready to take the next step, you may be wondering what you can do to help your business grow. There are many ways to do this, 10 of which are outlined below. Choosing the proper one (or ones) for your business will...

Business Marketing Plan? Christopher Shearer
Updated Oct. 9, 2013
Developing a Marketing Plan. Marketing takes time, money, and lots of preparation. One of the best ways to prepare yourself is to develop a solid marketing plan. A strong marketing plan will ensure you're not only sticking to your schedule, but that you're spending your marketing funds wisely and...

Financing Your Business Growth
Updated Oct. 9, 2013
Before seeking financial assistance, ask yourself the following questions to evaluate your business's financing needs:. Do you need more capital or can you manage existing cash flow more effectively?. How do you define your need? Do you need money to expand or as a cushion against risk?. How urgent is your...

Forecasting for Business Growth
Updated Oct. 9, 2013
Forecasting for Growth. Maintaining your momentum means looking forward even as you focus on the present. Forecasting and planning are critical to your continued success.. Forecasting for Growth: Strategic Thinking. To be effective as a leader, you must develop skills in strategic thinking. Strategic thinking...

10 Steps To Starting a Business
Updated Oct. 9, 2013
10 Steps to Starting a Business. Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.Step 1: Write a Business Plan. Use these tools and resources to...

SBA Free Online Courses for starting a business
Updated Oct. 9, 2013
FREE Online Courses for Starting Your Business from the SBA. Each year, more than 10 million people consider starting a business. Of them, only three million people take the plunge and start a business. It's one of the most exciting endeavors that any person can undertake.. About These Courses. Several free...

SBA Small Business Loans - Christopher Shearer
Updated Oct. 9, 2013
Use of 7(a) Loan Proceeds. If you are awarded a 7(a) loan, the loan proceeds may be used to establish a new business or to assist in the acquisition, operation, or expansion of an existing business.Eligible Use of 7(a) Loan Proceeds Include (Non-Exclusive):. The purchase land or buildings, to cover new...

Small Business Loan Application Info - Christopher Shearer
Updated Oct. 9, 2013
How to Prepare Your Loan Application. Each SBA loan program has its own eligibility criteria and application process. However, as you prepare to submit your paperwork, you will need to gather and prepare similar loan application documentation.. This section provides resources to help you understand the...