Collateral or guarantees are additional forms of security you can provide the lender. If the business cannot repay its loan, the bank wants to know there is a second source of repayment. Conditions focus on the intended purpose of the loan. Character is the personal impression you make on the potential lender or investor.

Your bank is in business to make money. Consequently, when a bank lends money it wants to ensure that it will be paid back. The bank considers the 5 “C’s” of Credit each time it makes a loan.

Capacity to repay is the most critical of the five factors. Capital is the money you personally have invested in the business and is an indication of how much you will lose should the business fail. ..

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If you are a single mom and struggling to get by, you are not alone. Whether you are going through a divorce or the father is absent most single mother face the burden of supporting themselves and their children all on one income.

* Only fifteen percent of women going through a divorce are awarded any form of court-ordered spousal support.

* Thirty-four percent of those women never receive what is due to them.

* Less than half of the women who claim child support ever receive the full amount.

* Within the first year of divorce a women s average standard of living falls forty-five percent while a man s will grow fifteen percent.

What are grants?

A grant is…

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