Lorrie Tappen

Lorrie Tappen

Incurable travel fan. Lifelong internet buff. Amateur zombie advocate. Friendly web ninja. Proud food junkie.

52 Author´s Posts
How to Secure a Small Business Loan: A Comprehensive Guide

How to Secure a Small Business Loan: A Comprehensive Guide

Securing a small business loan can be a daunting task, especially for those who are just starting out. But with the right ...

What Are the Typical Terms of a Small Business Loan?

What Are the Typical Terms of a Small Business Loan?

Behind SBA loans, traditional bank loans will offer the longest terms. They will start at three years old and will last...

How Long Can You Finance a Business Loan?

How Long Can You Finance a Business Loan?

When it comes to financing a business, there are a variety of loan options available. From short-term loans to long-term...

What to Know About Small Business Loan Interest Rates

What to Know About Small Business Loan Interest Rates

When it comes to financing a small business, understanding the interest rates associated with different loan products is...

How Long Are the Terms on a Business Loan?

How Long Are the Terms on a Business Loan?

When it comes to business loans, it's important to consider all aspects of the loan, especially the terms of the business ...

How to Get an SBA Loan in the Current Economic Climate

How to Get an SBA Loan in the Current Economic Climate

Starting a business is a daunting task, and obtaining a loan to finance it can be even more challenging. The Small...

Where Can a Small Business Get a Loan?

Where Can a Small Business Get a Loan?

Are you a small business owner looking for a loan to help you build, maintain, or expand your business? There are many...

Do Private Loans Have Fixed or Variable Rates?

Do Private Loans Have Fixed or Variable Rates?

When it comes to private loans, borrowers have the option of choosing between a fixed or variable rate. A fixed rate...

Why is the CARES Act Important for Businesses?

Why is the CARES Act Important for Businesses?

The CARES Act is an important piece of legislation for businesses, as it provides a range of benefits to help them...

Is Small Business Loan Forgivable? A Comprehensive Guide

Is Small Business Loan Forgivable? A Comprehensive Guide

Borrowers can apply for forgiveness at any time up to the loan's due date. If borrowers do not apply for forgiveness...

Where to Find the Best Small Business Loan Options

Where to Find the Best Small Business Loan Options

Are you looking for the best way to finance your small business? Whether you need to purchase inventory and materials,...

Small Business Lending: What You Need to Know

Small Business Lending: What You Need to Know

Small business lending is a great way for entrepreneurs to access the capital they need to grow their businesses. From...

Is a Small Business Loan from a Bank an Installment or Revolving Credit?

Is a Small Business Loan from a Bank an Installment or Revolving Credit?

A small business loan provides funds to buy supplies, expand your business, and more. This type of financing can be...

The Benefits of Small Business Lending

The Benefits of Small Business Lending

Small business lending is an essential part of the economy, allowing entrepreneurs to access the capital they need to...

What Types of Small Business Loans Are Available?

What Types of Small Business Loans Are Available?

When it comes to financing a small business, there are a variety of loan options available. While installment loans are...

What Are the Pros and Cons of Fixed and Variable Business Loans?

What Are the Pros and Cons of Fixed and Variable Business Loans?

When it comes to financing a major change in your business, you have the option of choosing between a fixed interest rate ...

What is the Definition of a Small Business Under the CARES Act?

What is the Definition of a Small Business Under the CARES Act?

The Coronavirus Aid, Relief and Economic Security (CARES) Act is a package of measures approved by the federal government ...

What Interest Rate Should You Choose for Your Small Business Loan?

What Interest Rate Should You Choose for Your Small Business Loan?

A small business loan can be a great way to get the capital you need to keep your business running. But when it comes to...

How Long is a Typical Small Business Loan?

How Long is a Typical Small Business Loan?

Terms, conditions, state restrictions, and minimum loan amounts apply before applying for a secured loan. It is important ...

Who Qualifies for Small Business Loan Covid? An Expert's Guide

Who Qualifies for Small Business Loan Covid? An Expert's Guide

The public health crisis of COVID-19 and the resulting economic crisis have created a variety of challenges for small,...

What is the easiest sba loan to get?

What is the easiest sba loan to get?

SBA microloans are one of the easiest SBA loans to obtain. SBA microloans are issued by non-profit community lenders, who ...

The CARES Act: How It Impacts Small Businesses

The CARES Act: How It Impacts Small Businesses

The CARES Act, the first law on the coronavirus, has provided a much-needed lifeline to small businesses across the...

Understanding the Difference Between Installment and Revolving Loans

Understanding the Difference Between Installment and Revolving Loans

When it comes to borrowing money, it's important to understand the difference between installment loans and revolving...

Can You Get a Small Business Loan with Bad Credit?

Can You Get a Small Business Loan with Bad Credit?

If you have bad credit, you may be wondering if it's possible to get a loan for your small business. The good news is...

Everything You Need to Know About Small Business Loans

Everything You Need to Know About Small Business Loans

As an expert in small business lending, I understand the headache that comes with trying to secure a loan for your...

What is the Average Repayment Period on a Small Business Loan?

What is the Average Repayment Period on a Small Business Loan?

When it comes to long-term loans, the repayment period can vary depending on the lender and the purpose of the loan....

Are Business Loans Fixed Rate? An Expert's Guide

Are Business Loans Fixed Rate? An Expert's Guide

When it comes to financing a business, there are many options available. One of the most popular is a business loan,...

Can I Get a Small Business Loan with Bad Credit?

Can I Get a Small Business Loan with Bad Credit?

Getting a business loan with bad credit can be a challenge, but it's not impossible. There are several options available...

How A Merchant Cash Advance Can Help Your Business Grow

How A Merchant Cash Advance Can Help Your Business Grow

As a business owner, you know that cash flow is the lifeblood of your business. Without it, you can’t pay your...

Why is it so Hard to Get a Small Business Loan?

Why is it so Hard to Get a Small Business Loan?

Tighter regulations have made it difficult for banks to innovate and use information other than credit ratings to...

What are the Best Small Business Loan Interest Rates?

What are the Best Small Business Loan Interest Rates?

Interest rates on commercial loans can vary greatly, from a low of 3% for traditional banks to a high of 150% for...

What Do Small Business Lenders Look For?

What Do Small Business Lenders Look For?

When it comes to small business loans, lenders consider a variety of factors to determine a borrower's eligibility. These ...

Where Can Small Businesses Find Loans?

Where Can Small Businesses Find Loans?

The Small Business Administration (SBA) helps small businesses obtain funding by setting lending guidelines and reducing...

Is a Small Business Loan Revolving? - A Comprehensive Guide

Is a Small Business Loan Revolving? - A Comprehensive Guide

Small business loans can be installment or renewable. SBA 7 (a) loans, for example, are installment loans, while...

Why Small Business Loans are a Smart Choice

Why Small Business Loans are a Smart Choice

The Small Business Administration (SBA) helps small businesses obtain funding by establishing lending guidelines and...

Can I Get a Small Business Loan?

Can I Get a Small Business Loan?

Are you a small business owner looking for financing options? You may be wondering if you can get a small business loan....

Did the CARES Act Really Help Small Businesses?

Did the CARES Act Really Help Small Businesses?

The CARES Act was created to provide financial aid to individuals and businesses facing economic hardship due to the...

Can You Get a Small Business Loan?

Can You Get a Small Business Loan?

Loans guaranteed by the Small Business Administration (SBA) can range from small to large and can be used for a variety...

What are the Rates for Small Business Loans?

What are the Rates for Small Business Loans?

Small business loans are popular government-backed financing options that can be used for a variety of commercial...

Is a SBA Loan Easy to Get? A Comprehensive Guide

Is a SBA Loan Easy to Get? A Comprehensive Guide

SBA loans are known for their lower rates and longer terms than conventional loans. While it's easier for a small...

Do mca lenders require collateral from borrowers in order to approve loans?

Do mca lenders require collateral from borrowers in order to approve loans?

MCAs are not guaranteed, which means that the lender does not require a physical guarantee. Instead, the MCA provider is...

Can an LLC Give a Loan? - A Comprehensive Guide

Can an LLC Give a Loan? - A Comprehensive Guide

Owning a Limited Liability Company (LLC) comes with many perks, one of which is the ability to borrow and lend money to...

What Are the Benefits of Fixed and Variable Small Business Loans?

What Are the Benefits of Fixed and Variable Small Business Loans?

A small business loan can have a fixed or variable interest rate. With a fixed-rate loan, the interest rate and monthly...