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.
Becoming your own boss and running a beauty salon is a dream for many. It’s a chance to channel your creativity, build a loyal clientele, and make a mark in the beauty industry. However, along with the excitement of entrepreneurship comes the inevitable challenge of managing finances. Whether you’re just
Sometimes, business owners require additional finances to grow and scale their business. While this can be obtained by collaborating with investors, many business owners choose to open a business line of credit instead. What is a business line of credit? A business line of credit is similar to a credit
Is a small business loan fixed or variable? This is one of the questions you’ll have to grapple with when securing financing for your small business venture, be it a restaurant or a daycare center. In this article, we’ll explore how fixed and variable small business loans work (along with
NEW YORK, NY– 1West, a leader in the small business lending marketplace, is proud to announce its inclusion in the prestigious Inc. 5000 list of the fastest growing private companies in America. This recognition underscores 1West’s commitment to innovation, dedication to excellence, and exceptional growth trajectory in the SMB Fintech
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 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
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
Getting a loan can be an intimidating process, no matter what kind of products or services you’re looking for. Trying to decide between applying for a loan online vs in person can add even more stress. But regardless of whether you’re applying for a loan online vs in person, we
Managing an SBA loan can be difficult, and there may come a time when it’s no longer possible to make payments. When you find yourself in this situation, it’s crucial that you know how to manage the default of your loan properly. So in this blog post, we will provide
