2 07-2013

How Small Business Credit Has Changed Since The Great Recession

By | 2017-09-14T11:21:21+00:00 July 2nd, 2013|

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.

3 06-2013

The Truth Behind Alternative Lending

By | 2017-09-14T11:21:21+00:00 June 3rd, 2013|

If you are a business owner struggling to get funding from a traditional lender, alternative lenders might offer the perfect solution. Just read our recent post about merchant cash advance loans. They allow business owners to receive money in just a few days and pay it back in payments deducted from their revenue over a [...]

16 05-2013

Merchant Cash Advances Can Help Small Business Get Funds

By | 2017-09-14T11:21:22+00:00 May 16th, 2013|

It is often reported that small business is the engine that drives our economy. If that’s the case, the economy is clearly not firing on all cylinders. Small business growth, creation and ownership have been a part of the American Dream since our nation’s founding, but unfortunately the health of small businesses have not kept [...]

29 04-2013

Next Stop on the Access to Capital Road Trip: Chicago!

By | 2017-09-14T11:21:23+00:00 April 29th, 2013|

On October 18th, 2012, a catalyst occurred in Los Angeles, a catalyst that led to tens of millions of dollars in new small business loans. What happened that day, you might wonder. What one thing could be responsible for prompting millions of dollars of small business loans? I'll tell you. It was an event: Access [...]

2 05-2012

Bridging the Gap between Lenders’ Capital Supply and Small Business Demand

By | 2017-09-14T11:21:29+00:00 May 2nd, 2012|

For the last few years, entrepreneurs have been struggling to access needed capital to either start a business or grow their companies. This diminishing flow of capital to small businesses could be attributed to a variety of factors. First, there was the financial and housing crisis which locked up capital reducing market and funding liquidity.  [...]

24 04-2012

How to View Your Business from The Eyes of Today’s Bankers

By | 2017-09-14T11:21:29+00:00 April 24th, 2012|

Editor's note: This is a guest post by: Shad Atkinson, Sr. Loan Advisor at Lendio.com, which is a free online company helping small business owners find small businesses loans. Getting rejected for a loan is demoralizing.  And there’s nothing worse than sitting on a great business idea that you can’t fund. Or maybe you know [...]