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Working Capital

How to Select the Right Minority Business Loans and Grants

5 minute read

January 31, 2021

Minority-owned businesses in the United States generate more than one trillion dollars in annual revenue. Therefore, if you’re a minority business owner, you’ve played a critical role in the success of the U.S. economy.

How to Apply for Bridge Financing

5 minute read

January 22, 2021

As a small business owner, you may find yourself needing funds to cover costs for a short time before you can secure permanent financing, improve cash flow, or receive customer payments.

Should You Pay Off Your SBA Loan Early?

5 minute read

January 19, 2021

If you’ve secured an SBA loan, congratulations! You’ll reap a variety of benefits including a lengthy repayment period.

What Are The Top Pros and Cons of Payroll Business Loans?

5 minute read

January 19, 2021

Failing to pay employees on time and in full comes with serious consequences. As a small business owner, you could face lawsuits, legal actions, fines, a tarnished reputation, and damaged employee relationships. Therefore, it’s smart...

Are SBA Loans Secured or Unsecured?

5 minute read

January 15, 2021

Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.

SBA Loan Processing Time: How Long Does the Process Take?

5 minute read

January 10, 2021

The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...

Delinquent Loans: Everything You Should Know

5 minute read

January 6, 2021

Hopefully, you’ll never have to deal with a delinquent loan as a small business owner. That said, delinquency is an important concept to understand if you’re borrowing money, or plan to borrow money to finance...

SBA Loan Reviews: What to Look For

5 minute read

December 15, 2020

If you’d like to start, buy, or grow your small business, pursuing SBA loans may be a good choice. They're guaranteed by the U.S. Small Business Administration and issued by lenders like banks and credit...

How Are SBA Loans Different from Other Funding Options?

5 minute read

November 4, 2020

Small Business Administration (SBA) loans are a great option for business owners in need of additional financing for their short or long term goals. Still, there are a variety of other financing options available to business...