Are you weighing a business loan vs a personal loan? Perhaps you’re thinking about a loan from the Small Business Administration (SBA). What is an SBA loan? It’s a loan backed by the SBA. The lender is not the government. Instead, the government guarantees a portion of the loan amount. Due to Read more…
Starting your own business is one of the most lucrative endeavors that you can take part in. With today’s technology, it’s even possible to run an entire company from your smartphone. Getting the capital to start a company is another story, though, and many people have to take out a loan Read more…
Ironically, and surprisingly, the major reason why Americans borrow money is to get out of debt. There are many types of loans, and consumers take them for various reasons. It could be personal to purchase a home for education, debt consolidation, and general expenses. The thing is, not all loans are created Read more…