How To Get A Small Business Loan What To Know Before Applying











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Wondering how to get a small business loan? In this video we will guide you through what you need to know before applying. • ✅ FREE Shopify Trial ► https://bit.ly/3pNIdSl • -- FREE TRIAL -- • Build your home based business using a FREE trial of Shopify , one platform with all the ecommerce features you need to start, run, and grow your business. • ► https://bit.ly/3pNIdSl • -- FREE COURSE FIRST DAY TO FIRST SALE -- • ► Sign up here: https://bit.ly/3McdSnW • -- DOWNLOAD FREE TEMPLATES -- • ► Cash Flow Template https://bit.ly/4393a8N • ► List Of Business Ideas https://bit.ly/3pV2Agc • ► Lightweight Business Plan https://bit.ly/3WfiQEU • ► SEO Checklist https://bit.ly/3W9lqwt • ► Brand Positioning Analysis https://bit.ly/3WeLvds • ► Marketing Acquisition Strategy https://bit.ly/3MhAbbQ • • Despite the enduring romance of the rags-to-riches success story, many entrepreneurs have at least some help when starting their ventures. • Ambition and grit are essential, but unfortunately, these entrepreneurial traits don’t guarantee the immediate cash flow a business may need. What you should consider is some vital initial financing to get new businesses off the ground: small business loans. • Business loans are among the most common forms of financing available to founders looking to start a business. But the choice of whether to apply for a business loan is a major decision for every business owner, and not one to be taken lightly. • In this video, we’ll examine some of the many factors that go into deciding whether applying for a business loan is right for you and your business. We’ll look at common types of business loans including SBA Loans and what they entail. • Here is what we’ll cover in this video: • 00:00 Introduction • 01:36 Why Should You Get a Loan? • 01:51 Cash Flow • 02:22 Equipment • 02:41 Advertising • 03:10 Hiring • 03:28 Emergency • 03:54 How Do You Get a Business Loan? • 04:02 Decide How Much You Need • 04:32 Investigate Whether You Need a Business Plan • 05:05 Consider Repayment Terms • 05:16 Talk to a Financial Advisor • 05:33 Which Loan Should You Go For? • 05:38 Term Loans • 06:51 SBA Loans • 09:10 Short and Long Term Online Loans • 11:00 Invoice Factoring • -- FREE WEBINAR -- • ► Hey! If you're here looking to get started building an online business but aren't sure what to sell and need help finding a product, make sure you check out our free, 40-minute webinar that will teach you how to find winning product ideas, how to validate them, and how to get started. Just click the link in the description below to get started with this free training now. https://bit.ly/3iLy6b4 • -- RESOURCES -- • ► Loan Calculator https://bit.ly/3pYg4Ef • ► Shopify Capital https://bit.ly/3vsoFQz • ► US SBA https://www.sba.gov/ • ► FREE Business Plan Template https://bit.ly/3zutoo4 • ► How to Get a Small Business Loan and What to Know Before Applying https://bit.ly/3iKaEeo • -- SUBSCRIBE -- • Don’t forget to subscribe to ‪@learnwithshopify‬ to get the knowledge you need to start and grow your online business • ►https://bit.ly/3vHxSYi

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