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  2. How to write off repayment of a business loan - AOL

    www.aol.com/finance/write-off-repayment-business...

    Short-term loans: If your business takes a short-term loan and repays it in full during the course of a year, all of the interest associated with that loan can be written off.

  3. Charge-off - Wikipedia

    en.wikipedia.org/wiki/Charge-off

    A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off.

  4. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    Business proposals are often a key step in a complex sales process, where a buyer considers more than price in a purchase. [ 1 ] A proposal puts the buyer's requirements in a context that favors the seller's products and services, and educates the buyer about the seller's capability to satisfy their needs.

  5. Write-off - Wikipedia

    en.wikipedia.org/wiki/Write-off

    In business accounting, the term "write-off" is used to refer to an investment (such as a purchase of sellable goods) for which a return on the investment is now impossible or unlikely. The item's potential return is thus canceled and removed from ("written off") the business's balance sheet. Common write-offs in retail include spoiled and ...

  6. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    Types of bank loans. Description. Term loan. A lump-sum loan that typically has repayment terms of two to five years. Can be used to cover short- or long-term expenses that can’t be paid off ...

  7. What is an LLC loan and how does it work? - AOL

    www.aol.com/finance/llc-loan-does-155938785.html

    Business collateral can make it easier to get a loan with more favorable terms since the lender is taking less of a risk to loan you money and can seize your assets if you fail to pay back the loan.

  8. Non-performing loan - Wikipedia

    en.wikipedia.org/wiki/Non-performing_loan

    Fostering secondary markets for NPLs that can offer the mechanism and liquidity required to write off bad loans. Many companies see a business opportunity in buying NPL's. Buying NPL's from financial institutions with a discount, can be a lucrative business. Companies pay from 1% to 80% of the total loan and become the legal owner (creditor).

  9. How hard is it to get a business loan? - AOL

    www.aol.com/finance/hard-business-loan-135512311...

    Business plan. Not all lenders require a business plan, but having one is a good idea. Lenders need to properly assess your business’s ability to make money and repay the loan, and a business ...

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