Sometimes a business plan doesn’t cover opportunity. Years ago, Gerry said, his grandfather told him when opportunity comes, you have to grab it quickly.  Gerry is not a crazy risk taker, though in business, he is aggressive.  He planned for everything he could. And he had a detailed business plan well before his business opened,…

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Dave (not his real name) was waiting for a response on his business loan application.  When it came, his loan officer told Dave that he needed to pay off the balance on two credit card accounts that Dave used for business expenses.  If that happened, the Loan officer could pull a rapid rescore credit report…

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Most Merchant Cash Advance (MCA) companies will tell you they are not offering business loans, and an MCA is not a permanent solution for your business’ cash flow.  But ask any merchant in business for less than two years, and most will tell you banks turned them down for those business loans with the attractive…

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