The Morning Blend: Achieving and Planning for Financial Freedom
Elon Musk recently put in a bid to buy Twitter for $43 billion. It's only a piece of his reported $215 billion net work, but he cannot simply spend $43 billion, nor can he just go to a bank and get the money. His net worth, like many business owners, is tied up in his business and thus unable to simply do as he please on his own.
Even if you are not a business owner, how you plan your financial future is important.
Business Loans
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Why Local Lenders Look Beyond the Paperwork
When you apply for a small business loan, there are plenty of documents that you will have to complete. Whether they’re submitted digitally or on paper, financial statements,...
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Business Loans
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How to Prepare for Your First SBA Loan Application
SBA loans are widely viewed as a leading financing option, thanks largely to their extended repayment terms, competitive interest rates, and borrower-friendly features....
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Business Banking
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Planning a Big Expansion? Here’s How Your Banking Relationship May Help
Opening another location, purchasing a building, adding employees, or investing in equipment may represent an exciting step for your business. It may also introduce new...
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1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, SmartBiz Bank and the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may impact your credit score.
The Centrust Blog and other related communications from Centrust Bank, a division of SmartBiz Bank℠, are intended to provide general information on relevant topics for managing small businesses. Be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed. Please consult legal and financial professionals for further information.
