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California Small Business Loans

May 23rd, 2012 9:23 am

When starting a business, it is important to have a budget and adequate capital. This is because apart from fixed assets, a business involves regular expenditure, purchase maintenance and payments. A smooth flow of financial resources allows people to make expansions and increase trade. California small business loans can accrue the capital needed to begin a small business.

It is important for individuals to find the right source for California loans. There are a few factors that lenders will consider when they are planning to advance loans. They consider the applicant’s education, experience, business plan and its viability. Other decisive factors are repaying capacity, credit history, equity, and existence of collateral. Every loan has to be repaid and hence, lenders generally look for businesses that have existed for some years. When starting a new business, borrowers are advised to prepare an application that will prove they are capable of repaying the loan. If the business is a low risk proposal, getting a loan is almost guaranteed.

Without collateral, lenders ask borrowers for a cosigner who can guarantee collateral. Collateral can be any business or personal property that can be sold to pay for the small business loan. Equity is also important and it is in the form of money invested in the business. If there is sufficient equity in the business to payback the loan, the small business loan is guaranteed. The credit report plays a crucial role when applying for California loans.

California small business loans are obtainable in three forms. Short-term loans are meant to solve financial problems for instant business starting. Intermediate loans are for large preliminary expenses and long-term loans provide for initial costs of a start up business.

Borrowers have to file documents and make sure they contain evidence of possession, mails of reference, contracts, tax returns, financial statement, credit references, Incorporation or LLC organizational documents and any other documentation required for California small business loans. It is essential that borrowers read the loan agreement carefully and have their lawyer analyze it. It may possible to negotiate some terms with the loan lender.

Real Estate Guide in Santa Cruz, CA

February 27th, 2012 2:48 am

Santa Cruz in California, the biggest city in the state with an area of 15.6 sq. mi. and a total population of 56,124 as of 2008. Seeing it for the first time, you might, more often than not, give you the impression that you’ve wandered into some Mediterranean setting because of its mild weather all year round. Fast becoming one of the best places to visit in the United States, this is a concoction of historical sites and modern hobbies. If you plan to invest in real estate, don’t miss to check this location.

Water Sports

These days it is famous for diving, sailing, swimming and is best known as a reputable spot for diving. In fact, the first diving event in California took place here, which was attended by three princes of Hawaii. The reputation is also evident on the city’s number of world class surf breaks reaching to 11. To celebrate such credential, a surfing event called O’Neill Cold Water Classic is being held every year.

Schools

If one decides to settle in a place for good, one of the important criteria to consider is education. Visit some of its popular educational institutions like Pacific Collegiate School, Georgiana Bruce Kirby Preparatory School, Santa Cruz High School, the University of California – Santa Cruz and Cabrillo College.

Historical Landmarks

Despite the damage taken by most of its historical landmarks due to the Loma Prieta earthquake in 1989, its natives still takes a lot of pride of the places reflecting its rich history. These includes the site of Mission Santa Cruz, the Felton covered Bridge and the Big Basin Redwoods State park.

Festivals

This lovely place holds interesting festivals annually such as the Shakespeare Santa Cruz every summer. This event features three plays – two of it from Shakespeare. Meanwhile, the Santa Cruz Film Festival recognizes the city’s film makers by having their works viewed by movie enthusiasts. The Santa Cruz Pride, on the other hand, is a yearly parade that celebrates the gender diversity of this place.