Ten Commandments of Smart Corporate Financing From the U.S. Small Business Administration - Stay in contact with several lenders.
- Anticipate financing needs and make arrangements well ahead of opening your doors.
- Borrow as much as you can.
- Get all commitments in writing.
- Never assume silence is approval of a loan request.
- Don't make the interest rate the major consideration in evaluating financing.
- Don't surrender or assume that if one lender says "no," they all will.
- Watch for turning points in the operation of your company.
- Tight money doesn't mean no money.
| Don't limit your sources just to banks. There are a number of sources of financing available to the small business owner (besides family and friends): private sector financing -- banks, savings and loans and other financial services institutions; government financing -- the U.S. Small Business Administration and local community groups like the Small Business Investment Companies and the Minority Enterprise Small Business Investment Companies; and venture capitalists -- wealthy individuals and firms who make their money as investors.
|
Publications Incorporating U. S. Government Works Works by the U. S. Government are not eligible for U. S. copyright protection. For works published on and after March 1, 1989, the previous notice requirement for works consisting primarily of one or more U. S. Government works has been eliminated. However, use of a notice on such a work will defeat a claim of innocent infringement as previously described provided the notice also includes a statement that identifies either those portions of the work in which copyright is claimed or those portions that constitute U. S. Government material. | 
