Posts Tagged ‘Business Loans’
PPP Funding Important or Critical for Nearly All Businesses
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners. Small businesses continue to struggle financially, relying on the Paycheck Protection Program (PPP) to stay afloat, according to an early 2021 survey from…
Read MoreWatch Out for These 7 Red Flags of a Small Business Loan Scam
Many small businesses are struggling due to the COVID-19 pandemic and the economic impact of mandatory closures and disruptions to supply chains. According to one survey of more than 5,800 small business owners published in the Proceedings of the National Academy of Sciences of the United States of America, over 70% of small businesses planned…
Read MoreEntrepreneurs Respond to Operation Warp Speed With Innovative Financing
The last twelve months have left an indelible mark on our world, forever altering what we once viewed as “normal.” This year has begun with hope, however. With multiple COVID-19 vaccines in circulation in the U.S. and around the world, remnants of our old “normal” are beginning to reappear. Businesses are slowly bringing employees back…
Read More5 Steps to Getting a Small Business Loan
Learning how to get a business loan can help you secure the capital you need to start and grow your business. Business loans can cover immediate needs like payroll and finance large projects like remodeling a facility. To help you secure the best loan for your needs and qualifications, you’ll need to know your credit…
Read MoreHave These 6 Qualifications to Apply for a Small Business Loan
Applying for a small business loan to help fund your business can be intimidating without knowing all that lenders look for when approving a loan. There are also many different types of small business loans to choose from, which can be overwhelming. Therefore, we offer this short tutorial on the qualifications lenders look for when…
Read More5 Ways to Be Smart with Your Business Loan
A business loan can serve many purposes, from covering startup costs to keeping cash flowing or allowing for expansion into new products or markets. Before you get one, it’s important to decide how you plan to spend it. It’s also essential to get the loan from a trustworthy lending institution, and while conducting individual research…
Read MoreBad Credit? 5 Things to Do Before Applying for a Loan
Low credit score? The bad news is that your current credit score prohibits some lenders from doing business with you. Fortunately, there are lenders who are willing to extend financing to those with less than ideal credit. By finding the right lender and taking the time to follow the steps to qualify for a personal…
Read MoreAre Fast Business Loans Still Available During Covid-19?
The world of small business today in America is anything but certain, thanks entirely to the coronavirus and the devastating impact it’s had on our citizenry and our economy. As a smart and strategic small business owner, the odds are pretty good you’ve done everything you can to find a way to protect yourself, your…
Read MoreHow to Deal with a Sudden Cash Crunch
It’s unfortunate but true: unexpected financial emergencies happen all the time to small businesses. Another unfortunate truth: most small businesses are not prepared to weather a prolonged financial emergency. JP Morgan Chase estimates that the average small business has 27 days of cash in reserve, while many small brick-and-mortar stores may have less than 20…
Read More6 Resources for Veterans Looking to Start a Business During Coronavirus Crisis
As the economic effects of social distancing and shelter-in-place are felt across the country, many are left unemployed and struggling to find supplemental income. While this is a tough time for many Americans, this is also a much needed pause in time that aspiring veteran entrepreneurs can take advantage of. While it may be difficult…
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