Results 1 to 13 of 13
Threaded View
-
07-03-2014, 09:58 AM #10
Reputation points: 3174
- Join Date
- Dec 2012
- Posts
- 116
2 deal killers
If you lease property for your business and you are requesting a loan of $26,000 or more, you will be required to get your landlord to sign a release. We will provide this release to you when you upload other required documentation.
If you apply for a SmartBiz SBA loan that is $26,000 or more, collateral is required (a lien on all fixed business assets including business owned real estate).
Landlords won't sign a release (what's in it for them?) and you need collateral.
Similar Threads
-
Merchant Cash Group's Fast Funding Equity Program???
By Sean Cash in forum PromotionsReplies: 15Last Post: 04-09-2018, 05:07 PM -
Pro leads super april announcement for exclusive merchant cash advance leads
By Pro leads Nyc in forum PromotionsReplies: 2Last Post: 04-03-2014, 07:06 AM -
Do you have a client who needs up to $150k super fast or short term?
By halasniks in forum Business LoansReplies: 0Last Post: 03-11-2014, 03:22 PM