There is good news for small business owners and entrepreneurs in America. Your financial planning will become a lot easier now. Yes, an online e-Guide will help you understand various financing options for your business.
SCORE, a non-profit association and premier resource for free and confidential small business advice and mentors to America’s small business, in association with Massachusetts Mutual Life Insurance Company (Mass Mutual) has released an online e-Guide to help small businesses and entrepreneurs learn more about their business financing options.
The new e-guide “The Collateral You Need to Close on Your Business Loan” is now available for download under the “Templates and Tools” section at www.score.org/resources/collateral-you-need-close-your-business-loan. This e-Guide is designed to educate entrepreneurs and business owners about the various methods of business financing, including the benefits of using life insurance as a means to collateralize a business loan.
As SCORE CEO Ken Yancey says, the SCORE/Mass Mutual e-Guide informing small business owners about their financing options adds yet another valuable component at a crucial time for the success of American small businesses.
“The guide offers an overview of popular financing options for business owners and entrepreneurs, highlighting the unique way life insurance can meet lenders’ borrowing terms quickly and with no limitations on running the business – while providing important long-term protection and flexibility for businesses and their owners, as well,” Tara Reynolds, corporate vice president of consumer and product marketing at Mass Mutual said.
SCORE(www.score.org), a resource partner with the U.S. Small Business Administration, also offers free online resources, templates and tools to help entrepreneurs start and grow their business. SCORE volunteers provide entrepreneurs and small business owners free advice and low-cost local workshops.
If you are a Financial Adviser, feel free to share your advice/suggestions for start-ups, small businesses and entrepreneurs on financing options. We look forward to your valuable comments and feedback.
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