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Start-Up Financing
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Dana Point, CA (June 24,, 2010) Welcome to the MyFranchiseExpert e-Newsletter! Our goal is to provide balanced information about business ownership and help you make intelligent decisions concerning your involvement in entrepreneurship. The SBA™ loan approval criterion focuses on: The size, location and type of franchise. To qualify, the franchise must be: A "small" business earning less than $13.5 million in annual sales, located in the U.S. or U.S. territory and a for-profit business. Financial viability. The SBA considers the financial viability of the franchise, including your business plan, and looks to make sure the business does not discriminate against a group or groups of individuals. Cash and collateral. The SBA requires that you have cash to invest in your franchise and prefers that you have also have collateral to secure the loan. Credit history and experience. The SBA examines your credit history and relevant managerial experience to ensure the security of their loan. What are the steps to take when financing a new venture? Apply for a loan with the Small Business Association (SBA). Created to help small businesses, the SBA is home to a number of programs that provide loans. A percentage of SBA loans are guaranteed by the government, which lowers the lender's risk and raises the likelihood of approval.
The Sign Biz Business Development Program offers complete assistance for start-up financing, using a proprietary business plan model. The plan has been instrumental in securing over $19,000,000 in SBA-backed financing for our start-ups, with a 99.95% approval rate. Sign Biz offers an award winning program, full-service business development program for individuals entering the sign industry as entrepreneurs. The unique, non-franchise business model contributes to the unmatched success rate of this chain of sign companies. The education curriculum totals three weeks, and is complemented by a minimum of one week of home study, and a week of In-Store Training, plus more than 17 proprietary manuals and all equipment. For further information call (949) 234-0408 or (800) 633-5580.
About Sign Biz® Inc. The Mission of the Sign Biz organization is to provide an innovative and productive digital sign and graphics business model, the best education and equipment, and lifetime member services, to support entrepreneurs in the most successful network of full-service imaging sign companies worldwide. ### Contact Us |
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 If you have any further questions or would like
additional information about Sign Biz Inc., please contact: |
For more information, contact Greg Salzano, VP Business Development: 
Getting approved for a loan in today's tough economic climate can be daunting - especially for those with less than perfect credit. However, with a little work and the right information, even those with bad credit can potentially qualify for the loans they need to launch a franchise. Here are some tips and information to help you get started: 
Mobilize your own
resources. If loans are not an option, entrepreneurs can
consider the following options:
