What Qualities Do Banks Look for in Loan Applications?
The competition to get SMB loans is growing every day, and banks have enacted stricter loan regulations. When you apply, a bank will undertake a risk assessment to decide if you will receive the loan...
View ArticleFive Things to Consider when Pitching for SMB Funding
Finding funding for your small business is critical to its success. Without the funding, it will likely never be more than a dream. And without investment capital, it does not matter how brilliant your...
View Article10 Ways Small Businesses Can Obtain Funding
Starting a business requires some combination of moxie and money. While moxie is something an entrepreneur innately has or doesn’t have, money can be obtained in a variety of ways. An enlightened...
View ArticleBefore You Kickstart: The Risks and Benefits of Crowdfunding
A number of companies have raised capital through “crowdfunding.” Crowdfunding collects money from everyday people to support an initiative sponsored on an Internet platform. The initiative usually...
View ArticleThe Future of SMB Funding
What is the future of small business funding? According to an article by Marc Prosser, companies like FundBox, OnDeck, and Fundera have been able to generate a large amount of money in a short amount...
View ArticleMicroloans Can Help Businesses in a Low-Income Area
Many entrepreneurs take out bank loans or maybe even max out credit cards to launch their businesses. But what if you can’t get a loan and don’t have credit cards. Microloans can be a lifesaver for...
View ArticleIs Online Lending the Right Choice for Your New Business?
Entrepreneurs wanting to get a small business off the ground may be intimidated by getting a traditional bank loan. The time involved, the hoops to jump through, the paperwork, the approval process —...
View ArticleThe Elements of Crowdfunding
Crowdfunding is big business these days. How big? According to an industry report by Massolution, crowdfunding numbers are expected to reach $34 billion this year. It’s a trendy and often fascinating...
View ArticleTen tips on starting a business with little or no money down
There are many intimidating factors in play when considering starting a small business. Financial aspects are a big one, and it’s easy to get lost in the many ways of funding a business — bank loans,...
View ArticleNational organizations lend a hand to minority entrepreneurs
It’s a new year, and with it comes new challenges and opportunities. For minority and female entrepreneurs, now is a great time to look into organizations that can help push them to the next level in...
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