Excellent news for small business owners seeking government-backed loans: the eligibility requirements for Small Business Administration loan programs have expanded and are allowing more businesses to enroll. If your business didn't qualify before, it may now. Digital Journal reported that the SBA's two main loan programs-- 7(a) and 504-- would start seeing eligibility changes soon, and [...]
Earlier this month, we announced that more and more businesses were gaining access to capital after the economic downturn of '08, and now, the Small Business Lending Fund (SBLF) has announced that they've increased small business lending by $12.5 billion since 2010, a sure sign that recovery is well on its way. The Small Business [...]
Our first Access to Capital: Money to Mainstreet event in Phoenix on March 26th was a success! We had a blast there, and we're so grateful to all the 150 attending businesses in Phoenix who let us come and share some of our small business insights with them. The event started out with some networking [...]
The drought in California may have started long ago, but on January 15, U.S. Secretary of Agriculture Tom Vilsack declared the California drought to be an agricultural disaster, opening up the doors for the Small Business Administration to start offering Economic Injury Disaster Loans (EIDLs). These new loans will be eligible for nonfarm small businesses and non-profit [...]
This month, the Small Business Administration’s Office of Advocacy responded to some frequently asked questions about small businesses (defined as businesses with zero to 499 employees) and accessing startup capital. If you haven't seen it already, check it out; if you've just started or are about to start a company, it can be invaluable know a bit about [...]
Learn how to start your business from the experts-- check out the Small Business Administration's Twitter chat on Wednesday, Feb 19 at 3-4 PM EST.
The Inland Northwest Business Plan Competition 2014 provides an opportunity for young entrepreneurs to win $30,000 and more.
My eyes are perpetually bigger than my stomach. When presented with an array of food options, I go for everything—the burger and the hotdog, the steak and the chicken, the brownies and the cheesecake. Inevitably, I end up feeling miserably full and wishing I’d gone to that nutritious salad place instead of Buffets-R-Us. Running a [...]
A study released Wednesday by the Small Business Administration Office of Advocacy supports that the recent existence of business credit scoring has been largely beneficial to businesses, giving banks and other lenders a clearer picture of the financial standing of businesses they are considering lending to. While personal credit has been around for a long [...]
When it comes to building a company brand and bolstering your business’s reputation, social media can be an indispensable tool. No matter what stage your business is in, whether it’s brand-new or well established, using social media platforms to promote your products and services is something no business owner should neglect to do. A reputable [...]