SBA loans

29 11, 2023

American Business Credit: Steadying the Business Loan Menagerie

2023-11-30T11:02:45-05:00November 29th, 2023|Tags: , , , |

Navigating the complexities of SBA loans can be daunting for many businesses, which often find themselves ineligible for various reasons. American Business Credit, also known as ABC Biz Loans, has been a stalwart in offering viable alternatives to these loans for over two decades. By Rose Mango


30 04, 2022

American Business Credit: Unsecured Loans: The Best Type of Franchise Financing

2022-04-30T15:41:54-04:00April 30th, 2022|Tags: , , , , , , |

When it comes to applying for a small business loan, there are endless options, but an unsecured loan typically is the best option for franchisees. An unsecured loan is any loan from a lender that is based only on the applicant’s creditworthiness. There is no collateral to back the loan. By Chris Fuller


31 08, 2021

Tenet Financial Group: How to Buy a Franchise With Your Retirement Funds

2021-08-31T18:03:41-04:00August 31st, 2021|Tags: , , , , , |

Did you know you can use your existing retirement savings to fund a franchise without tax or penalty from the IRS? This process – known as a 401(k) Rollover or ROBS (Rollover as a Business Startup) – could be an excellent option if you find yourself agreeing with any of these statements. By Jeff Waldera


7 07, 2020

Determining a Funding Strategy with your Partner

2020-08-07T16:07:41-04:00July 7th, 2020|Tags: , , , |

Going into business with your spouse or partner can be a lucrative and rewarding experience that strengthens your relationship. If you’re in a long-term relationship, you already know that teamwork is of the utmost importance. The need for teamwork is especially important when determining the funding strategy for your new franchise or small business. By Sherri Seiber


31 05, 2020

SBA Loans and Business Ownership

2020-05-31T23:24:31-04:00May 31st, 2020|Tags: , , , , |

When considering franchise ownership, few activities will have as much of a long-term impact on your business as obtaining adequate financing. Cash is king in a new business, and it is advisable to over-capitalize to account for unforeseen issues, rather than find yourself struggling after being open a short time. By Sherri Seiber