Business Plan for a Startup Business
Funding Under the CSBFA and the Small Business Loans Act (SBLA), a borrower’s maximum outstanding loan may not exceed $250,000. Loan proceeds may be used to finance up to 90% of the cost of the asset, including non-refundable taxes and duties. Lenders are obligated to take security in the assets financed. Under the CSBFA, borrowers may choose between: Floating rate loans, where the … ................
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