Small and medium businesses (SMB) may not employ the most people or generate the biggest profit but they provide the majority of job growth in America and employ over half of the private sector workforce. So how do these businesses get started from the ground up? Unless the owners have a large source of capital...
1 - Traditional Bank Many banks have special programs for women-owned businesses. They generally offer flexible underwriting and competitive interest rates. However, traditional banks usually have strict criteria in order to qualify. To seek out better lending options from a traditional bank — or any lender — we suggest you consider becoming certified by the...
Small businesses are the cornerstone of America’s economy and to keep them running efficiently, many business owners rely on business loans. We love business loans because they provide a plethora of options with various benefits to suit almost any business need. 1. Business Loans Feed Our Economy We are fortunate to still have many small...
1. Business loans are not easy but not impossible Business loans never get enough funding in the beginning. Banks or traditional lenders only loan money to established, serious businesses that have a monthly regular revenue stream. The five C’s bankers want to know about business owners before giving a loan are: Character to maintain a good...