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Revolving Loans or Installment Loans?
When you use the terms 'revolving' or 'installment', in bank lingo, this means the time you're given for repaying your loan. If you have a revolving loan, you gain access to a source of continuous credit, as much as your limit will stand. You only pay back the... more

Quote of the Month

"Money is like a sixth sense - and you can't make use of the other five without it"

- William Somerset Maugham

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Business Loans from Family and Friends: How to Ask, Make It Legal and Make It Work

Business Loans from Family and Friends: How to Ask, Make It Legal and Make It Work Business Loans From Family & Friends opens a window on an area of lending that accounts for more than 50% of all start-up business investment dollars, and, additionally, is a great resource for those who have identified their lending friends or family, but want to know how to structure the deal so that everyone understands it and no one gets hurt.

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