In 2019, the United States Small Business Association (SBA) guaranteed over $28 billion in loans to U.S. entrepreneurs. That is a lot of funding meant to help new businesses to open or small businesses to grow. If you require an infusion of cash for your business, there are several sources from which you can obtain…
The United States Small Business Administration (SBA) is working on overdrive to provide a variety of funding options for small businesses, particularly during the trying times of the COVID-19 pandemic. To counter these negative impacts, the SBA stepped up its loan programs significantly, providing businesses throughout the country with a much-needed financial lifeline. The agency…
Are you wondering how to get a small business loan? Are you paralyzed, wondering where to start and what you might even qualify for? If so, then you are in the right place. Keep reading to learn the first steps you need to take to get a small business loan. We outline the first four…
The right terms for your small business loan might vary from those of another business. Fortunately, you can find different small business loans to meet those needs, regardless of what those needs are or the amount you need to finance. However, that can make it hard to decide on the best business loan terms for…
If your business lived through 2020, you are acutely aware that small business financing is filled with unique challenges that can make it tougher growing to that next level. We previously covered some of these challenges here, but others are directly connected to your industry of choice. In the following article, we will be looking…
The COVID-19 pandemic has been hard for small businesses. Companies have faced unprecedented changes to their business models while operating on reduced revenue. For many, the Small Business Administration (SBA) has been an option for small businesses to find relief. From COVID-specific loans to other SBA funding programs, small businesses can work with lenders to…
In times of uncertainty, money becomes invaluable. Even the smallest sale makes a huge difference. A surge in small business loans has become widely available. With plenty of options in loan amounts, you can find what you need. Let us go over some crucial information that can help you find the best small business loans….
In order for your business to conduct day-to-day operations, you must have enough cash or capital available for daily expenses and the unexpected needs that come up. Capital is the lifeblood of an organization. Having sufficient capital keeps everything running smoothly, and a lack of capital can be crippling, particularly if you are trying to…
The current year with the COVID-19 pandemic has been incredibly challenging for many businesses and profounding impacted industries. It has forced many to close either permanently or temporarily. Those who are still open have been forced to rethink their operational models and retool their organization to adapt to a changing business landscape. Those brave individuals…
These past several years have taught the world about resilience. Yet, no one knows the real definition of rolling with the punches like small business owners. If you are feeling like you do not have any resilience left, you might be looking for ways to access capital to keep your business afloat. If you are…