The structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get a line of credit from wells capital. I was decline. Where does someone like myself go . I have a loan, i need additional funding. Did you try through the sba . I already have an sba loan. I went to wells fargo for a line of credit and they would not give me one. I can speak to you about it. When we look at funds that
Sba guaranteeing the entity . The question on the sba guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any Small Business lending, you should expect to be guaranteeing that long personally. As a smallbusiness owner, from a lenders point of view, we want to see that you are as invested in the business as you are asking the bank to be. The idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. You should assume you will guarantee the loan regardless of the structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate rev
A lenders point of view, we want to see that you are as invested in the business as you are asking the bank to be. The idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. You should assume you will guarantee the loan regardless of the structure of your business. The good news, though, for businesses like you are describing, Internet Business, is that the Capital Requirements for that type of business is generally small. You are able to get yourself further along and share in revenues with a smaller amount of credit need. That is where we see a lot of businesses and personal service or Internet Business get started, and generate revenues and be able to show Growth Without needing any capital, like a brick and mortar business might. My name is terry said. I have a Retail Business in San Francisco for 22 years. I have a 5 04 504 loan. It took me three years to get. We need more capital. I tried to get
On facebook, we asked what issue do you want president obama and congress to address this year . President upon is expected to announce plans for federal contractors to pay employees at least 10. 10 an hour. House speaker john potter was asked about the issue when he spoke with reporters today. Heres a look. What do you think about these actions by congress . Do you have any support . The president has the authority to raise the minimum wage for the federal contracts. That understands the game. This affects not one current contract. It only affects future contracts with the federal government. I think the the question is how many people of this executive action actually help . I suspect the answer is somewhere close to zero. When it comes to the federal minimum wage, when you raise the cost of something, you get less of it. We know from increases in minimum wage in the past that hundreds of thousands of lowincome americans have lost their jobs. And so, the very people the president pur
And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff todays announcement at the white house sets up a pair of potential confirmation fights. President obamas choices to oversee the pentagon and the c. I. A. Will now be called to answer questions about everything from israel to iran to interrogations. There has been much speculation about both nominations, but the president made them official this afternoon in the east room of the white house. My choice for two key members of my National Security team. Chuck hagel, former secretary of defense and john brennan for director of the Central Intelligence agency. Woodruff hagel is a vietnam veteran who would replace the retiring leon panetta. He would be the First Defense secretary who saw combat as an enlisted soldier. In chuck hagel our troops see a decorated comba