SBA Loans – A Complete Guide

First Financial Franchise Purchase, SBA Loan, Starting a Business, Working Capital Leave a Comment

What Are They?  SBA, or Small Business Administration, is a government agency that helps to provide a guarantee to banks and lenders in order to achieve a loan for a business; it is important to note that it is not the agency itself that hands out loans. A loan of this type is helpful for both the bank and the …

SBA startup funding

Getting an SBA Loan for your Start Up

First Financial Franchise Purchase, SBA Loan, Starting a Business, Working Capital

SBA Loans for Startup Businesses It is possible to find money for your new business with this review of the top three SBA loan programs. It doesn’t matter what you see on websites or infomercials, there aren’t any SBA loans that will involve free money, no-interest loans, or government grants. The truth is that the SBA won’t lend funds directly …

SBA Loan FAQ’s – Part 1

First Financial SBA Loan, Video

Youtube link to this video https://youtu.be/gdFVUeaRjMY Transcript of the Video Hi, my name is Dan Pace, I’m the Chief Financial Officer of First Financial Leasing and Finance. We were established in 1997 for the purpose of facilitating small business owners to open a startup business or facilitate their existing business. We primarily loan SBA packages anywhere in the amounts of $20,000 …

first financial helps Military veteran get SBA loan to buy franchised small business

First Financial helps vet become Franchisee through VETFRAN

First Financial Franchise Purchase, SBA Loan Leave a Comment

Original Article: http://www.entrepreneur.com/article/243017   “Where did you get most of your advice/do most of your research? I talked to some of the current business owners and my business coach, Bruce Krebs of the Entrepreneur Source. Bruce never hesitated to apply his extensive business knowledge and advise me every step of the way, making my dreams a reality. Also, Cindy Watson, …

types of SBA Loans

What types of SBA Loans are available & what’s the difference

First Financial SBA Loan, Working Capital Leave a Comment

SBA is an acronym for Small Business Administration. It is a federal agency that deals in offering financial help to small businesses. SBA works through the banks and financial institutions across the country. The primary difference between a normal business loan and an SBA loan is that the latter is backed by the government. The former is entirely subjected to …

SBA Loans for your Startup

SBA Loans for your Startup

First Financial SBA Loan, Starting a Business

Getting a startup loan is quite difficult. You may be aware of the venture capitalists and angel investors pumping in millions of dollars into tech startups but that is not very common. For every major investment that you hear of, there are more than a hundred and possibly hundreds of startups longing for a similar investment. Getting a startup loan …

professional advice SBA loan

Why you need Professional Advice when seeking an SBA Loan

First Financial Crowd Financing, Equipment Leasing, Franchise Purchase, SBA Loan, Starting a Business Leave a Comment

Professional advice is always recommended whenever you need something that you are not very well accustomed with. Whether it is buying a property or seeking an SBA loan, professional advice will always help you to make informed decisions. The most notable advantage of professional advice is that it can determine whether you would get approved or rejected for an SBA …

how to finance a business purchase

How to Finance a Franchise Purchase

First Financial Franchise Purchase, SBA Loan, Working Capital

Franchise financing doesn’t really call for unconventional methods. You don’t need to opt for crowd financing or peer to peer lending networks for franchise financing. Banks and traditional financial institutions have been financing franchises for decades. They consider it to be safer to fund a franchise business than an absolutely new business. Hence, it is wise to take advantage of …

Small business loan for women

Business Loans for Women

First Financial Franchise Purchase, SBA Loan, Starting a Business

The Small Business Administration has numerous programs aimed at specific purposes. The overall purpose of the federal agency is to offer funding to small businesses. In addition to that, the SBA focuses on target groups to be of specific help. For instance, the SBA has special loan programs for veterans and the immediate family of people serving in and retiring …

SBA Loans for Military vets

Business Loans for Military Veterans

First Financial Franchise Purchase, SBA Loan, Starting a Business

Military veterans can apply for an SBA loan to start a business. A typical SBA loan for veterans has several advantages that other business loans don’t offer. Veterans can not only start a business with an SBA loan but also get working capital or seek financing to manage debt, to recover from a commercial disaster or even to assist in …

Crowd Financing VS Small Business Loan

First Financial Crowd Financing, Crowd Funding, Franchise Purchase, SBA Loan, Working Capital

Crowd Financing or Small Business Loan? When it comes to your small business, do you want to go with the traditional small business loan, such as an SBA Loan or Bank Loan, or do you want to consider the increasingly popular option known as crowd financing? Crowd Financing vs Small Business Loans It certainly isn’t news that small businesses need money …