YoungUpstarts

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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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The Right Ingredients: SBA Loan Prep Steps

YoungUpstarts

The small business sector is growing rapidly. And while corporate America has been “downsizing,” in recent years, the rate of small business start-ups has dramatically increased. Bureau of Labor and Statistics research, there are an estimated 28 million small businesses in the U.S.

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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

Most entrepreneurs start a new business with dreams of success, but the unfortunate fact is that too many of them fail. Census Bureau showed the reality in hard terms – 400,000 small businesses opened and 470,000 SMBs closed their doors just last year. Small Business Administration. LendingClub Inc. ,

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Is Life Insurance Required For Your SBA Loan Approval?

YoungUpstarts

When applying for a loan through the Small Business Administration (SBA), you have to meet some basic qualifications. Once you meet the SBA’s requirements for being a small business, you’ll need to meet an additional set of requirements provided by your lender. Applying for an SBA loan?

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Financing Your Business? Consider An SBA Loan

YoungUpstarts

by Tom Pretty, Head of SBA Lending at TD Bank. Small business is the backbone of the U.S. Small Business Administration (SBA) Office of Advocacy. This is possible, in part, because the SBA guarantees a portion of loans will be repaid, eliminating some of the lender’s risk. SBA Loan Programs.

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5 Tips For Spring Cleaning Your Small Business

YoungUpstarts

At SmartBiz Loans, we offer 6%-8% SBA loans online with funding as fast as 7 days. Cloud accounting software will provide basic applications and there are packages designed for small business owners. It’s easier for you and your accountant to manage your business finances. Have fun with your business .