SBA Archives

How to Get a Business Loan in 3 Easy Steps

By Meredith Wood | Jul 31, 2017

No matter where you stand regarding your business, there’s a good chance you will, at some point, need to find a source of outside funding. Small business owners in every stage of the business life cycle apply for small business loans every day. However, the approval process for traditional banks loans can be tough. Banks…

The Small Business Owner’s Guide to Equipment Financing

By Michael Jones | Aug 1, 2016

Whether your business is product or service-based, having the necessary equipment is vital to keeping your venture operating smoothly. Replacing, upgrading or purchasing equipment for the first time can put a serious pinch on your cash flow but with the right financing, you can get the things your business needs without making a substantial dent in…

Veteran Entrepreneurs Recognized by SBA at Veterans Small Business Week

By Amy Amoroso | Dec 10, 2015

In honor of Veterans Small Business Week, I had the pleasure of nominating two NY State veteran business owners as success stories. Their stories will be placed on the National SBA web portals for recognition. These entrepreneurs were in various stages of their startups, but we worked together to grow their business into the successes…

3 Things You Need to Know About Government Business Loans

By Biz2Credit.com | Sep 17, 2015

If you are thinking about starting your own business and have discussed it with anyone, chances are you have been told that you can get loans from the government. This is true, but maybe not in the way you think. First, the government does not directly make loans to small business owners. There is no…

Employment Laws Made Easy for Small Business Owners

By SmallBizClub | Jul 10, 2015

According to the U.S. Small Business Administration (SBA), entrepreneurs must deal with employment laws covering everything from preventing discrimination to posting the correct workplace posters.

From Big to Small: Large Companies Becoming Small Businesses

By 1800Accountant | Jul 10, 2014

When the calendar turns to Monday, July 14, 2014, an estimated 8,500 large and medium-sized U.S. companies will suddenly fall under the small business umbrella in the eyes of the SBA.

Can You Borrow Your Way to Success?

By Dave Berkus | Apr 4, 2014

In order to be able to obtain a loan, SBA or conventional, you must meet the basic financial institution risk rating, which is known as the “5 Cs of Lending.”

Three Cheers to Our Mentors: Helping Build Small Business Success

By Susan Solovic | Jan 6, 2014

A mentor is someone who has been there before, done that before, and wants you to avoid the pitfalls and perils he or she experienced. Mentors are imperative to the success of any entrepreneur.

Realistic Options for Financing Your Startup

By Under30CEO | Dec 5, 2013

One of the first challenges new entrepreneurs face is finding a way to finance their businesses. You have a great business idea but little money to implement it; and, like every entrepreneur before you, you try to scrounge enough money to launch your startup—your dream.

SBA Loans for Veterans: MREIDL

By Biz2Credit.com | Dec 4, 2013

The Small Business Administration has many helpful platforms and programs that are specifically geared towards veterans who are looking to engage in entrepreneurship and start their own small businesses. One such program is the Military Reservist Economic Injury Disaster Loan program (MREIDL).