Chapter 8 - Lesson 3
Commercial Lending

Startup financing for new businesses can often be very difficult to obtain. The Small Business Administration (SBA) offers some creative tips for entrepreneurs seeking such financing. Browse through the site to answer the following questions.

Suggested keywords: startup financing, Small Business Administration
Web site: http://www.sba.gov/starting_business/financing/basics.html

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Question 1:
What is the main source of capital for most new businesses?

Question 2:
According to the SBA, what are the elements of a well-written loan proposal? Which do you think lenders pay the most attention to?

Question 3:
What issues will be considered by a lender evaluating a loan proposal from a new small business?