How to Increase Your Chances of Qualifying for a Small Business Loan

Applying for a small business loan, whether through a lender or the SBA, it can be intimidating for small business owners. There is always a question of “Will I qualify? Luckily, lenders look at far more than just a credit score or how much money you have in the bank. They pay attention to how […]

Where Do I Get a Small Business Loan?

  Small business loans are becoming a staple when growing a company. It’s fair to say that most of us small business owners do not begin our journey with big investors, or a large   Instead we are more likely to face challenges like having a lack of working capital, needing new equipment, or simply, […]

4 Steps to Take If You Are Rejected for an SBA Loan

Whether you are an established businessman looking for expansion or you are a new business owner just trying to cover all the routine operational expenses, accessing additional financing can be challenging. Lending options offered by the U.S. Small Business Administration (SBA) are one of the most common ways to cover such ventures due to their […]

Get Funding To Help your Small Business Right Now at Low-Interest Rates

It is one of the most difficult times for businesses all around the globe with COVID-19 creating financial havoc for most businesses. A report from the National Federation of Independent Business(NFIB) dated back in the early days of the crisis on March 30, stated that 92% of small businesses admitted to suffering negative effects of […]

How Small Businesses Run the Economy

Small businesses are so important.  They connect friends and family, provide communities with local stores, and stimulate our economy.  Most importantly, they employ millions of people. You may be thinking; does my small business impact the economy? If so, how? Is it better to have a small business as opposed to a larger one?  Does […]

Financial History: How Recessions Affect Small Business Loans

After the Market Crash of 2008, the U.S Economy entered into a recession period, resulting in many hurt industries. One of the largest industries hurt was the business lending industry. Specifically, companies that lend to small and medium-sized businesses.  According to the Small Business Administration (SBA), between 2007 and 2011. The number of loans given […]

What is the Small Business Administration?

Small Businesses are the backbone of the U.S Economy. Approximately 99.7% of employers in the U.S are considered small businesses, or businesses that employ less than 500 people. Because small businesses make up such a significant portion of the U.S economy. The government created an organization to help their growth. In 1953, The U.S government […]