Internet Investing Internet Technology Internet Lists Windows Internet Tech. Securing a Small Business Loan Bundle your loan application the same way you bundle your services to get lenders to give you a bundle of cash or credit. When it comes to securing needed capital, few ISP owners can afford to leave any stone unturned. Whether your ISP is looking for startup funds or searching for money to expand an Internet operation, your ISP may be a bank manager's perfect candidate to be awarded a small business loan. Although a small business loan may not be an ideal source for startup capital, banks can provide short-term funds that might be just the fuel your ISP needs to grow its business.
Banks make money by selling their services.
Today's banks offer a wide-range of services and are continually pressing government regulators for the rights to offer even more. Banks can prepare the payroll for your ISP operation, buy your accounts receivable, collect your overdue bills, earmark a line of credit that you can draw on as needed, process your credit card receipts, rent you space or time on their computers, and a whole lot more. Remember, banks charge fees for everything from checking accounts to excessive deposits. The bank's other services are no exception. Make sure you understand the details of outsourcing business operations to your bank.