Are small business loans from the business development associations, good for starting a business?

by admin on 2012/05/10

{ 3 comments… read them below or add one }

Henry The Dog May 30, 2010 at 4:17 AM: That’s their purpose.
diblyhoo May 30, 2010 at 4:54 AM: There are a few reasons to choose where a loan comes from:
1) What is the rate for the loan
2) Will I be able to go back to the source for more funds
3) Will they sell my loan to someone else
4) Will they service my loan (online access etc)
5) Is there a penalty for pre-payment.
6) How quick will they be to call in the note if I’m late in paying
7) Will they provide extra services to help my business.

So – if you can get a good feeling about BDAs – then go for it.
Otherwise if you qualify for a loan from a leading back – you may get more of the above in your favor.
Lilian S May 30, 2010 at 5:50 AM: Your business requires money to grow which is where Orbit Cash Advance can help. We can give you the money you need for growth in as little as 72 hours. This way you can take advantage of business opportunities that come your way. Make the right choice, your business awaits.