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The Armed Forces & Police Mutual Benefit Association, Inc ( AFPMBAI) started in 1949 as the Armed Forces of the Philippines Mutual Benefit System ( AFPMBS) created by the AFP during the height of the anti-dissident campaign in Central Luzon. It was incorporated on September 1, 1965, and registered with the SEC as a non-stock corporation with ...
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SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...
Compare pros and cons. Here’s a quick look at some of the pros and cons of bank business loans: Pros. Cons. Longer terms. Documentation requirements. Attractive interest rates. Not ideal for ...
A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales. [1] The idea originated from Barbara Johnson, who needed funds for her small business franchise. As a result, Barbara, her husband Gary, and Les Falke co-founded ...
SBA 504 Loan. The U.S. Small Business Administration 's SBA 504 Loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets, which usually means real estate, buildings and machinery, at below market rates. [1] [2] The program is so named because it was originally created by Section 504 of the ...
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