Driven by the goal of improving access to loans for small businesses, the Small Business Administration (SBA) has recently implemented considerable changes to its 7(a) and 504 loan programs. These revisions aim to simplify the loan application process, expand the pool...
small business loans
Small Businesses Should Avoid These Mistakes When Trying to Secure Financing
The benefit of funding your business is the opportunity to invest in support and resources, like new technology and new hires, as well as funding payroll, and seemingly limitless opportunities for growth. However, funding your business comes with the potential for...
Smart Personal Finance Moves for Small Business Owners
Business owners are some of the most productive and creative people in the world, but sometimes personal finances can become an afterthought—a move that could leave you unprepared for retirement or during times of adversity. Below are some tips to improve the way you...
Best Loans for Small Businesses in 2020
According to the National Small Business Association, the economic growth of small businesses benefits substantially with access to small business financing. Small business loans are also key to purchasing inventory, equipment, and real estate; getting a start-up off...