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Half of this he needed to borrow. As Paul went to different big banks to pull a $300,000 loan the banks seemed to procrastinate a lot. After weeks of waiting the banks came back with a negative response and the ones that would give the loan were charging incredibly high fees.
Finally Paul Ibanez went to the Small Business Administration whom guaranteed loans for businesses involved with trade to different countries. Paul describes how the Small Business Administration worked fast in finding him a private lender with good rates, getting him his loan quickly.
The North American Free Trade Agreement talks exactly about this, giving small businesses the loans they need to trade internationally...
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Common topics in this essay:
- 1 global business
- Advisories for Small Business Administration Counseling
- GLOBAL BUSINESS
- GLOBAL BUSINESS
- Global Business Management
- Global Business Plan
- Global Business Plan
- Global Business Strategies
- Global Business Strategies
- Global Business
- Global Business
- Global Perspective of International Business
- global business
- Global Business
- Global Business Plan
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