Does the thought of applying for a traditional small business loan make you break out in a cold sweat? If you’re like a lot of small business owners, a traditional loan simply isn’t a possibility. Your business might not generate the kind of cash flow traditional lenders want to see before offering a loan. You [...]
If you're attending a lender matchmaking event and want to make sure that you're prepared, check out the checklist in this article from Dun & Bradstreet.
Are you a small business owner who needs a loan? Alternative lending is an option that could help finance your business, and there are steps you can take to help prepare your business for funding.
Many think that more protections for business loan borrowers are needed, but will lenders be willing to pledge compliance?
Hundreds of small business loans were left pending after the SBA reached their lending authority earlier in July, but Congress has now increased the SBA's authority through the end of the fiscal year in order to help fulfill these loans.
AEO announces new funding opportunities for small business & emerging entrepreneurs in California. Learn more about the Opportunity Fund, Lending Club partnership.
Don't know what to give your friend or family member who has everything this holiday season? Try introducing them to microlending so they can loan to others in need.
New York City. Undoubtedly, nearly everyone has an image or idea that comes to mind when they hear that name. Maybe it's a picture of the New York City skyline, or a memory of a time you walked through Central Park on a windy afternoon. So why did we choose New York City as our next [...]
According to the Small Business Administration, more than half of Americans own or work for a small business. In fact, small businesses create about two out of every three new jobs in the United States each year, making them an integral part of our economy. Despite this importance, many small businesses continue to have a hard [...]
With strict qualifications for traditional loans, many small business find their loan applications denied. SBA lending is a great alternative to traditional commercial loans-- SBA loans have longer amortization periods and can offer higher loan amounts. The SBA finances small business comprable to banks but with more reasonable application standards for emerging businesses. Read more about SBA lending in this Q&A with First State Bank Senior Vice President and Loan Officer, Steve Valiquette:
The Small Business Administration's (SBA) lending program is a major part of U.S. business growth, and these loans can often be substituted for traditional commercial loans with some benefits to the borrower.