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Small Business Funding Getting Tougher, Or Is It?
By Steve Hurst | May 7, 2009
When you live in your “own little world” you sometimes forget what’s going on around you. For me, even though with my business I refuse to participate in the current economy, that doesn’t mean it’s not affecting other businesses.
In fact it’s difficult not to pick up the newspaper or hear the news without seeing someone going out of business. It’s sad to see some “Mom & Pop” businesses that have been around for years going under.
This is an interesting statistic…there are nearly six million small businesses in the United States, each one reflecting the hard work and dedication of its owner. According to the Small Business Administration (SBA), “Inadequate or ill-timed financing is a major reason for small-business failure.”
Small businesses seem to be the hardest hit, because they need working capital to survive but the “traditional” ways of getting funding is harder for them.
I stumbled across the Business Funding Program that seems to be the answer for some small businesses that are in need of business funding. The great fact about this program is that the eligibility requirements are different than lenders and other traditional financing sources.
Some of the advantages of this program are:
- No up-front fees
- No closing costs or points
- No down payments
- No personal collateral is needed
The good news is many small business owners can still get the capital their business needs without enduring the hassles and stress associated with bank loans.
Check out the Business Funding Program
If you are running a growing business and need additional business funding, this could help you.
To Your Success,
Steve
www.spnmarketing.com
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Steve Hurst has been working in sales and marketing for over 30 years. For 10 years he had his own computer business which included website building and consulting. The past 5 years he’s owned his own Business & Technology consulting business. Using his sales and marketing skills along with his knowledge of technology, he’s helping his clients increase their sales and profits by utilizing today’s technology.
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All writings here are copyrighted by Steve Hurst. You may not use them without written permission but you may link to the posts or give out a link to the posts.
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