The Basics of Stated Income Commercial Loans. Stated income commercial loans are loans that don’t require a mountain of paperwork or proof of your income. The only stipulations when applying for a stated income commercial loan are that one must have proof of employment, credit score of 650 or better and qualifying commercial real estate. … Read more
If Windows Phone 7 was a restaurant, you’d be right to wonder just when the proprietor plans to have its grand opening. What Microsoft has done so far is more like a soft opening, where you put out an “open for business” sign and welcome customers but don’t go out of your way to pack … Read more
Over the years, my girls (now 11 and 7) have asked me to help them start their own business. They have had several ideas come and go…an online horse game business; a political magazine and a fashion magazine; pet related products; girl related hard-copy magazines; a horse stable downtown; they wanted to manufacture their own … Read more
If you are a person who owns a storefront, you understand the importance of advertising to the local area. Although you may rely on other sources of income, the local area is typically what makes your business thrive. What happens when a business first opens its doors? It has not established a customer base- in … Read more
Alternative financing refers to non-traditional forms of supplying a business with sources of capital. Business owners usually turn to alternative financing when they do not have three years worth of gainful financial statements or do not have enough equity. There are many different sources to look to when a business needs additional funding. One source … Read more