We believe in small business. So we’re inspired by the stories behind them. Read how businesses of all shapes and sizes turned the right loans into their own versions of success.
Crafting a robust business plan is crucial when seeking financial assistance from the Small Business Administration (SBA). So to help you out, this article will offer you essential tips so you can create a rock-solid business plan for SBA loan applications. From outlining your company’s vision and market analysis to
Endorsed by the Small Business Administration, SBA loan programs are invaluable resources for entrepreneurs seeking funding for their ventures. However, a common question arises: Can you apply for an SBA loan twice? In this article, we’ll answer that question. For good measure, we’ll also list some of the factors to
Previously, we talked about the advantages and disadvantages of business acquisition financing. In this guide, we’ll explore all the other important aspects about it. From the loan options available to tips that will help you successfully take out one, everything you need to know is down below. Let’s dive in!
When it comes to financing options for businesses, the decision between business loan or credit card can have significant implications. This article aims to shed light on the question of which option is better for you by examining the characteristics, advantages, and disadvantages of both business loans and credit cards.
When the pandemic hit in 2020, the Employee Retention Credit (ERC) was put in place to temporarily provide coronavirus relief, helping small companies keep their employees on payroll. Since many affected businesses were still unable to recoup their losses, the ERC has been extended with the turn of the new
A lot of small businesses struggle to obtain loans due to their limited financial resources and high-risk nature. Luckily, the Small Business Administration (SBA) offers various loan programs to support these businesses, one of which is the SBA Community Advantage Loan. This article will provide a comprehensive guide on everything
Making a down payment for business loan can be a significant financial commitment for many entrepreneurs. However, keep in mind that there are several mistakes you need to avoid during the process. So to help you out, we listed 10 of these missteps below: Not Understanding the Lender’s Down Payment
How can you reduce your total loan cost? This is a quastion a lot of borrowers ask. Minimizing your total loan cost is important because it can save you a significant amount of money over time. By lowering interest, fees, and other charges associated with borrowing, you can pay off
A business acquisition loan is a popular financing option for aspiring entrepreneurs looking to purchase an existing company. But while these loans provide quick access to capital and greater control over the acquired business, they also come with potential drawbacks. Therefore, weighing the advantages and disadvantages of business acquisition loans
Are you a veteran or an active-duty member of the military who’s looking for home financing options? If so, you might want to consider a VA loan! These government-insured loans are designed specifically for veterans and other members of the US military, making them particularly great financing options if you
