Tags: business loans

01/15/11

Permalink 11:23:30 am, Categories: Business Loans , Tags: business loans, llc, loan advice

Link: http://www.billboardmama.com/loan-assistance-from-accountants-and-lawyers-p-1560.html?zenid=b6f829e2e542996ed7fa7b882f5e99f8

Various business owners and new business startups consistently seek loan advice with their accountant and legal professional prior to starting their new business and look for financing guidance from them if they are an established business. Bear in mind that accountants in the majority of cases don't have any knowledge of the financing process nor lender demands. The same thing holds true for lawyers. We at Global Financial Services constantly encounter incorrect data that businesses collect from their accountant or attorney. Before referring with these so called "professionals" to organize your corporation or LLC or generate or update your business Dun and Bradstreet Report ask them the subsequent issues:

1. What's his financial qualifications and experience with arranging loans for his clients.

2. Does he have the power to describe the components required in coming up with a good and sound Dun and Bradstreet report?

3. Can he describe certain requirements of loan companies under the US Patriot Act, income and credit requirements?

4. Does he have experience with restructuring a corporation with a loan guarantor in association with US Patriot Act, Dun and Bradstreet and lender requirements?

5. Has he done related cases where he accomplished loan paperwork and put the client in the best position to secure financing and not commit loan fraud?

6. Does he understand how to composition a home-based business to fulfill lender requirements?

7. Does he know his way through a throng of loan companies - which ones to head to and which ones to stay away from?

These are simply few of the important inquiries that your accountant or attorneys ought to know the response to before you decide to put your trust on them and their loan advice. The folks at Global Financial Services are not attorneys, but we know a lot more than them concerning the funding procedure and corporation restructuring. Accountants are generally proficient in saving the business owner money on their tax returns and have virtually no expertise in the loan process in the majority of cases.

Today, companies must count on the expertise of an experienced a company that offers loan advice to know about the proper methods in starting up a corporation, Dun and Bradstreet business credit building as well as the entire financing process. At Global Financial Services in Beverly Hills California we encourage all potential commercial loan borrowers to contact us for a free no obligation loan consultation at 310-860-7510 between 8AM -5PM Pacific time Monday -Friday or go through our website for complete information on the above at gfsbusiness.com

Permalink 10:47:24 am, Categories: Business Loans , Tags: business loans, llc, loan advice

Link: http://www.billboardmama.com/why-go-for-an-llc-or-a-corporation-p-1559.html?zenid=b6f829e2e542996ed7fa7b882f5e99f8

If you form an LLC or a corporation, you will be placing your company in a strong position for financing and growth. First, the shareholders or members of an LLC are safeguarded as they are entitled to limited liability and asset protection of their personal assets.

Indeed, it's vital that you separate your personal and business life, particularly in this uncertain world of business. Moreover, loan companies are more likely to loan money to a corporation or LLC as the history of the loan won't show up on the principal's personal credit. This is not possible with a sole proprietor as both your business as well as the owner are one and the same.

With our aid then, you will be doing your business a favor by permitting us to assist you to form a corporation or LLC after doing an evaluation of your financial targets as well as business needs. We can even provide you with an office for your corporation, offered at suprisingly low prices and which meets all Dun and Bradstreet requirements. Among the features of this office package is a live secretary, mailroom, conference room, voice mail and call forwarding. This is well suited for a home based business which isn't looked favorably upon by the loan companies. Once this business package is finished your business will be in an outstanding standing for financing and we will aggressively pursue financing for your enterprise. For details call up Global Financial Services in Beverly Hills, CA at 310-860-7510 or find out about corporation formation on our internet site gfsbusiness.com.

Permalink 08:56:28 am, Categories: Business Loans , Tags: business loans, llc, loan advice

Link: http://www.billboardmama.com/how-do-loan-providers-grant-loans-p-1556.html?zenid=ae55aa61c97224b4470c1d9bb420cb2c

There are a pair of primary things that loan providers consider when granting business loans: willingness to pay and ability to pay. Willingness is identified at the prior credit rating of the corporation, LLC or sole proprietor. So if your credit report is unsure, then it is recommended that you let us assist you to prepare a thorough and complete business profile with Dun and Bradstreet to secure your good results in getting financed.

Due to the US Patriot Act and "post - 9-11" legislation lenders are now required to confirm the source of financing on the business entity and principal to prevent money laundering, terrorism as well as illegal business activities. They utilize Dun and Bradstreet to validate these kinds of information. Moreover, loan companies do a background check on the principal or the corporation or the sole proprietor. Never ever believe phony promises of financing - as high as $500,000 without the need for personal guarantee. In today's challenging economic system it simply doesn't happen. If your personal credit is suspect we recommend that you set up a qualified loan guarantor on your business with strong credit. Global Financial Services is an expert in the area of business loans and financing.

Alternatively, ability to pay is calculated against the income of the sole proprietor or corporation. Typically the lenders will require two years business as well as personal tax returns on the principal before giving an approval for business loans.. If you're a new business is less than two years in operation we have the ability to assist you with a stated or projected revenue loan with other documentation available to get the approval. As this is an intricate process we suggest that we prepare all Dun and Bradstreet Reports for you and talk to you on your business strategy.

Call professionals at Global Financial Services in Beverly Hills, CA between 8AM-5PM for a comprehensive no obligation free consultation on your business financing needs.

01/14/11

Permalink 11:01:58 pm, Categories: Business Loans , Tags: business loans, llc, loan advice

Link: http://www.billboardmama.com/business-start-up-loans-p-1555.html?zenid=28a487d6a50e2951d679acff79100572

Today, many people are trying to find ways of starting their own business and generating extra money a result of substantial unemployment rate. True, the entrepreneurial spirit is quick to spot but being knowledgeable about the technicalities in starting a new business does not come handy dandy. It is a fact that eighty percent of all new businesses fail within the initial two years. Knowledge is power and with no proper assistance such individuals normally fail in their new business project - enthusiasm is not a technique. At Global Financial Services in Beverly Hills, California we have assisted numerous such individuals efficiently begin new corporations and create business loans with Dun and Bradstreet which is now being checked out by the lenders on the majority of business loan applications.

A corporation or LLC is a separate business entity which affords the new business owner with the chance to create separate business loans' record separate from the principal of the business. This has various advantages to the business owner especially when his personal credit is poor. Because a corporation is a legitimate entity the principal may have a loan guarantor to ensure the financing to the corporation thereby staying away from the usage of his personal credit. Furthermore, in the majority of situations like this his personal credit will not be checked by the lender. At Global Financial Services we are prepared to provide expert advice and assistance to make sure that your corporation is correctly organized and ready to meet all lender and Dun and Bradstreet requirements for financing. You will be in an excellent standing for financing when your corporation or LLC is duly structured and your Dun and Bradstreet DUNS report for business is completed. Next, we will aggressively choose the best lenders for your kind of business based on the principal's credit and financials to boost your chance for success in the financing process. At Global Financial Services we address every single client differently because there are no "cookie cutter" solutions in today's real world of financing.

Beware of lawyers who promise to provide you with a cut rate and set your corporation for a few hundred dollars only. In these cases, seldom are these parties skilled enough both in helping you get funding and in setting up your corporation or LLC. Even worse this negative "paper trail" can be a challenge to fix and may make your new corporation or LLC seriously impaired in the financing process . You may contact Global Financial Services for a free introductory analysis on your business like business loans and morevia e-mail at gfsbusiness.com or visit them at their headquarters in Beverly Hills, California, Mondays through Fridays, at 8AM - 5PM.

11/29/10

Permalink 07:56:55 pm, Categories: Business Loans , Tags: business loans

Link: http://www.billboardmama.com/business-loans-vsventure-capital-p-1335.html?zenid=585409b5dec52ac2b4f11a0c3c06fcfb

By going through the current economy's difficult status, odds are there would be sprouting up of some entrepreneurs who are done with their jobs and fed up with making their bosses rich. They're noble virtues but often they lack substance. Suddenly, these individuals have a very belief and so called "plan" (often not a formal business strategy plan required) that will bring them from "rags to riches" once they have substantial business loans or investor for their new startup. Because they believe in their idea they expect others will do so as well. What these dreamers don't know and are unacquainted with is always that there is much necessary to acquire this finance and there could be small likelihood of getting any option available. As enthusiasm is not a method we highly recommend that if you are a new startup along with your revolutionary invention, business idea or plan that you first consult Global Financial Services in Beverly Hills, CA for a "heads up" realistic objective view of the requirements and expectations as this pertains to your financing options. A well- developed business with consistent and active business earnings, available tax returns plus a reliable business and personal credit history completes the list for an excellent element in business loans. Venture Capital is equity financing by angel investors or groups that specialize in high end high-risk ventures seeking capital more than one million dollars. For example, if you are pursuing an amount of one hundred thousand dollars, it's likely that venture capital or angel investors is not going to consider this as it is not realistic. These parties are primarily keen on new business ideas that come with potentially high returns which they will have an interest in due to the fact they have invested large sums of money in your new business. They don't invest for free and therefore are not a government grant! There's not a way that a government grant can supply the funds of your starting business and that you won't need to bother about repaying. Late night tv shows and online self-help programs could promote grants in advertisements and allegedly offers grant sources but the truth is, entrepreneurs have narrow probabilities of qualifying for one. Most of the time, government grants are meant for environmental projects including energy conservation, fuel efficient vehicles, alternative energy sources, global warming acts and prevention and others. Therefore, if you think you are going to get a government grant to start a retail store or day care center for example your odds of funding under a grant without to be paid back are probably about the same as winning the lottery! At Global Financial Services an educated consumer is our best client. We are experts of the popular issues of significant business entrepreneurs like serious business, business loans and financing solutions. Give us a call at 310-860-7510 between 8AM-5PM Pacific for a free introductory consultation.

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