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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. 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).

  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. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    It is also possible to subcategorize on whether the loan is a secured loan or an unsecured loan, and whether the rate of interest is fixed or floating. Promise to Repay Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will ...

  6. Pros and cons of business acquisition loans - AOL

    www.aol.com/finance/pros-cons-business...

    Type of business acquisition loan. Description. SBA 7(a) loan. A government-backed loan designed to help businesses that don’t qualify for conventional business loans, offering low interest ...

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

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

    How much does an LLC cost. LLC costs can vary. Each state charges a fee to file an LLC’s articles of organization. While most states keep filing fees between $50 and $200, an LLC filing fee is ...

  8. 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.

  9. Business loan vs. personal loan: What’s the difference? - AOL

    www.aol.com/finance/business-loan-vs-personal...

    Loan type. Amount. Purpose. Commercial real estate loan. Up to $5 million. Funds can finance the purchase or leasing of a commercial property used for business purposes.

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