In a trying economic climate, deciding where to get a loan can be tricky for startup business owners. After all, not all funders are equal.
Business formation in the bank: Get startup loans approved
In a trying economic climate, deciding where to get a loan can be tricky for startup business owners. After all, not all funders are equal.
Some entrepreneurs think the brilliant business idea is all they need to make it big. Unfortunately, there are some logistics that can keep even the greatest concepts from launching into successful businesses – like credit scores.
President Barack Obama asked banks to help finance small and starting companies last year as experts predict these companies will drive economic recovery. Now, it seems a number of major financial institutions are stepping up to help business formation by offering funds to SMBs in 2010.