Search results
Results from the Go Local Guru Content Network
Getting a business loan for freelancers may be challenging. But these strategies will help you get approved: Prove steady revenue. Your level of revenue will play a role in getting approved and ...
To help you qualify for a small business loan, we’ve identified eight common requirements for a business loan. 1. Annual revenue requirement. While revenue requirements vary by lenders, most ...
A typical micro business is a business that employs nine people or fewer, with assets of ₱3 million and below. In the Philippines, about 90 percent of all businesses are categorized as micro businesses. These consist of enterprises engaged in industry, agribusiness and or services, whether single proprietorship, cooperative, partnership or ...
Typically, lenders require the collateral used to secure the loan equal to 100 percent of the loan amount. If you take out a secured business loan, the value of your collateral should equal the ...
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [a] is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for Filipinos.
A micro-enterprise (or microenterprise) is generally defined as a small business employing nine people or fewer, and having a balance sheet or turnover less than a certain amount (e.g. € 2 million or PhP 3 million). The terms microenterprise and microbusiness have the same meaning, though traditionally when referring to a small business ...
A business acquisition loan is one of those small business loans engineered for a specific purpose: buying an existing business or franchise. Because when great business opportunities arise, it's ...
Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. [4] The two main mechanisms for the delivery of financial services to such clients were: (1) relationship-based banking for individual entrepreneurs and small businesses; and (2) group-based model ...