What can be used as equity for an SBA loan?
An SBA-guaranteed loan has many benefits over a traditional loan if you’re looking to start or buy a business, including lower down payment requirements than conventional bank loans. However, it can still be a challenge for many small businesses to gather the money...
5 reasons why a recession is a great time to start a business
Is a recession really a good time to start a business? Consider this, General Motors launched in 1908 following “the Panic of 1907” financial crisis. Burger King began in 1953 amidst a recession, CNN in 1980, while Uber and Airbnb started during the financial crisis...
MICKEY PARKER WEBINAR SEGMENT ON USING RETIREMENT FUNDS TO BUY A BUSINESS
Mickey Parker joined the webinar titled “Acquisitions during COVID-19” sponsored by Apex Business Advisors. Here is a link to Mickey’s segment talking about using retirement money in your 401(k), IRA, 403(b), 457(b), etc as startup funds to buy or start a new...
INTERVIEW WITH ACCELEFUND LEADER MICKEY PARKER NOW ON PODCAST
It was my first experience on the radio but Floyd Saunders and Sean Cash were great and made me feel very comfortable. Many thanks to the Saunders & Cash radio show for helping teach others that pre-tax retirement funds may be used as startup capital for a new...