Incentives For Women Obtaining Business Loans Posted by nick_niesen on October 29th Wholesale Jerseys Cheap , 2010
Making working capital, business loan financing, and other funding available to women is even more important in todayè®s growing small business industries. More women are becoming business owners, and the result is a growing need for small business loans from banks and other financial institutions. Due to the number of growing enterprises, the offer of incentives by lenders is becoming more prevalent.
Competition for the best rates, along with easy application processes make it attractive for women in business to obtain the loans they need in their business venture. Women business loans may consist of commercial lending programs from banks and institutions, community development organization financing or private funding.
Women entrepreneurs and business owners can gain access to business capital and work with local community partners of their lending institution as soon as their application is complete. Obtaining a loan from a commercial bank offers options to extend services to personal bank accounts: checking Wholesale Jerseys Online , savings, and credit card accounts can all be managed in one place and provide extra benefits for both parties.
Some community development organizations offer business coaches or mentors as an incentive to obtain funding through them. This can be a very valuable resource for women to work with, network, and socialize with area committees and members. Being listed in a business funding directory, community newsletters, websites, and other promotional campaigns becomes much easier. Gaining marketing and advertising exposure naturally through these networks can be an added incentive for women who choose to work with different lenders and programs. Finding the right match through a variety of funding sources is part of the task of obtaining the small business loan. Some corporations and private investors may offer additional perks and incentives as part of the offer extended to women looking for a business loan.
For women who are creating a small business from home Wholesale Jerseys Free Shipping , a lender may offer options to refinance the house in addition to increasing the line of equity. This can help considerably on a personal level, as the startup capital can be increased from a boost in savings from the house proceeds. Other valuable incentives may include additional credit card packages, extended lines of credit (credit worthiness is increased significantly over time, and if women continue to make payments on time, this can help them boost their credit scores for maximum potential.), and reduced rates on premium products throughout the year.
Other business loan incentives can include ongoing referrals and bonuses, exclusive access to discounted rates Wholesale Jerseys From China , a rate decrease, easy transfer of a loan, merchant accounts, invoice factoring, key contacts to purchase supplies and inventory, and a stronger chance of obtaining future financing from the same lending institution. Each financial institution or lender will outline or make an offer of the incentives program offered with each program. Women especially have a strong chance of making use of these incentives since they can improve their status as a business owner considerably in a short period of time. How I personally take action Marketing Articles | October 24, 2011 A few years ago I had a year of retooling and re-gearing. I knew that I was on the cusp of making it REALLY big in my business Wholesale Jerseys China , but I knew something had to change or be tweaked in order for it to happen. I had a deep ?knowing? that my calling wasn?t about just helping people MARKET their small businesses, but also helping them get out of their own way, giving them permission to succeed, and then all the tools to do so.
Yet, knowing this, I kept asking the Universe for a sign, for guidance Wholesale Jerseys , for a hint as to how my business would need to be tweaked.
It seemed that ?they? weren?t answering my multiple requests, they weren?t giving me any guidance, no direction whatsoever. I couldn?t figure out why they would withhold this information from me! And I was frustrated as hell.
Until the answer nearly slapped me across the face.
It?s NOT that they weren?t giving me guidance, they WERE! I was just so busy running around, being distracted, working too hard and too fast to actually NOTICE all the signs, opportunities and signals that were coming my way from many different directions. Because what you pay attention to Cheap Nike NFL Jerseys , what you focus on, what you?re grateful for, you get more of.
OK, now that you?ve kept track of the signs, it?s time to take action
They were answering my every request and yet I was moving too fast to pay attention.
When I finally figured out what was going on, I put a pause button on everything I was doing, everything I was reading Cheap NFL Jerseys , every project I had my hands in. I took the entire contents of my two office bookcases and put everything in the garage. I took a sabbatical from it all (except my clients, of course) for one whole month.
No books, no magazines, no home study systems, no teleclasses, no CD courses, no nothing. For a whole month.
(Well Cheap Jerseys China , actually I cheated a little. I?did?read People magazine each week, but I thought that was OK. Not?too?thought provoking.)
What I got from my 3-4 week hiatus was 3 things:
1) Clarity
2) Focus
3) Signs!
It became so clear, once all the mental clutter was gone, that they WERE indeed trying to talk to me, but I was simply discounting the little opportunities that came my way, thinking I was supposed to get BIGGER signals.