Description
Swift ways ot make your BIG fortune ni your own business without a lot of startup cash or know-how!
UNIQUE WAYS FOR YOU TO EARN BIG MONEY FROM BUSINESS LOANS
The ways ot earn big money are beyond counting! Like the firm that buys guaranteed loans from the Small Business Administration (SBA) and sells these loans to credit unions or other investors. Here’s what happens:
(1) The SBA receives a loan application
(2) After complete study the SBA approves the application
(3) A local bank or other lender agrees to make the loan
(4) The SBA guarantees repayment of the lender’s loan
(5) The loan seller pays the bank for (buys) the loan. This means that the lender (the bank) gets the loan money back quickly.
(6) The loan seller sells the loan to an investor for a higher price than was paid for the loan
Say the SBA guarantees a $100,000 loan to a business. A bank or other lender loans this amount — $100,000 — to the small business. The loan seller then pays the bank $105,000 for the loan, we’ll say. Then the loan seller sells this loan to a credit union or other investor for, we’ll say, $110,000. The small company then pays the loan buyer over a period of years, giving the buyer a good return — often close to 9% today. Let’s see what’s in it for the investor . . .
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