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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. Most banks will not issue traditional SBA loans to brand new businesses. Moreover, the collateral that you provide is split between the SBA and the bank.

SBA 139
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How to Get Funding for a Business

Up and Running

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Don’t waste your time looking for the wrong kind of financing.

SBA 161
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The 5 Hidden Secrets Of Online Lenders

YoungUpstarts

The world of small business finance has dramatically transformed. Total loan costs can be misrepresented. APR enables borrowers to effectively compare the true cost of a loan as it includes all fees as well as the interest rate. Actively managing business credit can help you secure financing at better terms.

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5 Creative Ways To Finance Your Small Business When Revenue Is Low

The Startup Magazine

In a perfect world, small businesses would have an endless stream of revenue coming in and there wouldn’t be need to worry about financing. Sometimes businesses have to get creative when it comes to their small business financing, especially when revenue is low. However, we all know that’s not the case.

Finance 109
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Three Ghoulish Blunders SMBs Make Applying For SBA Funding

YoungUpstarts

For many small businesses, capital comes from SBA loans which provide the company with low monthly payments and reasonable rates. Despite their attractiveness, acquiring an SBA loan can be a trick not a treat, especially for business owners that aren’t organized or don’t pay attention to the fine print.

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What Finance Options Are Ideal For Young Entrepreneurs?

YoungUpstarts

There are always upfront costs to manage as well as ongoing expenses which require a pool of resources. While it can seem impossible, there are several finance options available which can help; it’s just a question of making sure you choose the best option for your requirements and circumstances.

Finance 127
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Financing Your Business During COVID-19

Up and Running

Many small business financing options feel as though they have evaporated in the wake of the crisis caused by COVID-19. 2020 Will Be An Interesting Year For Small Business Financing. Many lenders today do not require a formal plan when you apply for financing. Look for Financing Where It Can Be Found.

Finance 136