Small Business Financing Can Still Get Into Big Dollars
March 4th, 2010
Most people think of small business financing as being loans under hundred thousand dollars or slightly above, but the reality is that small business financing facilities can run into the millions of dollars.
Much of this has to do with how you define small business, and for most definitions, the sales volume will be at levels of around $50,000,000. At that level of sales activity, you can have significant demands for capital in certain industries where the capital invested in fixed and working capital can be well into the seven figures.
While the majority of small business loans are smaller in size, there is a very wide range in what gets approved to this class of business.
Entry Filed under: Business