In an article today, MarketWatch reports that things are looking up for small business owners seeking loans.
The piece references a recent New York Times article, which noted that 57 percent of small business owners who applied for a loan received bank approval.
Brian Miller, COO and president of The Entrepreneur's Source, noted that, "The availability of capital for aspiring business owners makes business ownership an even more viable option for people in career transition."
Guidant's own Jeremy Ames emphasized the benefits of using multiple sources of capital, "For example, when a lending institution sees more cash on the table from other sources like retirement funds, home equity loans and access to other assets of the borrower, they are more open to offering a loan. In fact, 70 percent of our clients are using multiple forms of financing today."
To read the full article, click here.
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Guidant Financial Group
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8:40 AM
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