Loan calculations are a task well-suited for a computer program since they involve calculating a series of mathematical formulas. A program is faster than a person with a manual calculator and far less likely to make mistakes, especially with more complex loans. Furthermore, these calculations require the use of functions that may not be available…
When applying for financing from either the Small Business Administration (SBA) or a traditional lender, the most convenient option is to apply online. In the early stage of the application, you do not need to provide any private information or documentation as long as you know your financial picture. Additionally, I do not recommend providing your personal phone…
Applying for a loan or any type of credit can be stressful. We have put together a list of key things you should know about before applying for a loan, this information can help you qualify. 1. Credit You will want to have a credit score of 580 or above to qualify for a loan…