SBA Loans for Internet Businesses

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Is an SBA Loan the Best Option for Buying an Online Business?

Many people dream of becoming their own boss of an internet based business. It’s an attractive proposition since you can make your own hours, set your own rules, operate from anywhere in the world and keep all the profits from your online business.  However it’s not an easy road to get there and, unfortunately, only a very small percentage of individuals actually get to make that dream a reality – and succeed. The main reason for this failure is due to the statistics collected concerning startups. Studies have shown that 9 out of 10 people who tried the transition from [...]

Qualifications for SBA Loans for Internet Businesses

The SBA loan program was designed to encourage entrepreneurs to start and expand new businesses by providing loans partially backed by the government in order to provide extra security for lenders. The idea behind the program is to lower the risk of lending to small businesses. If you're considering purchasing an online business, an SBA loan may be an option for you to secure at least a portion of the funds that you'll need; however, it can be difficult to qualify for a loan even with SBA backing when you're purchasing an Internet-based company. Read on to learn more about [...]

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