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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Your business is brand new. Most banks will not issue traditional SBA loans to brand new businesses. Poor cash flow.

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. How can businesses understand their options and develop a cash flow timeline?

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4 Reasons Small Businesses Fail

YoungUpstarts

Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. What separates new businesses that flourish from those that close in disappointment? Here are four of the top reasons small businesses fail within the first year: 1.

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Government Grants for Small Business Startups: Finding and Applying for Them

Board Effect

Government grants for small business startups are plentiful if you know where to look for them. Federal, state, and local governments offer many grants for various types of businesses to help boost the economy. Grants provide valuable opportunities to kickstart your business, fund new initiatives, or weather challenging times.

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The Basics of Small Business Loans [WEBINAR]

Up and Running

What do you need to know about small business loans before you apply? You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business). Scott: Hi everybody.

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9 Steps to Handle Business Loan Rejection

Up and Running

If you don’t already know who the loan manager is, then do some research and find out. For example, I ran into one case in which the loan manager blamed a rejection on a lack of monthly financial projections for the next 5-years. Measures a company’s ability to manage and allocate resources. Dig into why your loan was denied.

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