b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Small Business Boomers

March 19th, 2008

Do you know the difference between “collateral” and “injection”?

If you are considering a loan for a new business or expansion, you need to know the difference. I had an SBA Business Development Specialist explain this to me and I wanted to pass it along to you:
Collateral is assets the lender might be able to convert to cash to pay off the loan […]

By Jean -- 1 comment