Hey yaw, it’s Master Chaquilla here, the last dragon, and as the CEO of Black Girl Magic Masters, I feel it’s my duty to aware my people about Loan options other than from the GOVERNMENT, like non-profit reliant centers, or SBA Loan peddlers. I am not gonna sugar coat SHIT if you’re gonna have to put your whole ass out there, and possibly some kinda of lein on your future with a creditor, may as well do it through some of these other loan channels. For instance there are loans specific to Working Capital; there are loans called Bridge Loans as the name suggest; there are Hard Loans; there are loans specific to Debt Restructuring; there are loans specific to Commercial Real Estate; there are loans specific to Equipment Leasing; there are loans specific to your Business Line of Credit (unsecured and secured; there are loans specific to Franchise Financing, I also like the 3 type of loan products available from the SBA, the $50000 or less Microloans, the nifty working capital loan and debt refinancing $150k-$5m 7(a) Loan, and the Brick and Mortar Real Estate equipment expansion 504 Loan, that when working with an SBA Preferred Lender in network with the SBA, the underwriting is generally easier, taking anywhere from 2 to 8 weeks as well as considering a credit score of 600 these days, and all SBA loans have a “portion” of the loan guaranteed by the government, should the loan default protecting the business owner from loss. Honestly, I’m partial to the SBA.
Published by masterchaquilla
I want to be the change I seek! I believe in the Black and Brown Dollar. Having a Masters in Business Administration is just a Plus. I have been raised and mentored by Powerful, and intelligent Black Women, I call my Spiritual Mothers. I love all those that love us, and believe that with a little help everyone can own a successful and thriving business. I can help coach you with your business from the ground up, and will hold your hand the entire time. I ask the Lord to Bless me with the Wisdom to handle my assignment, and make me acceptable unto him! I believe in Jesus, and I come in the name of Jesus, so let's get to work. Love you, and stay safe please. View more posts