SBA loan Archives

4 Tips for Funding a Business When You Have Student Loans

Though the Biden Administration has moved to forgive hundreds of millions of dollars in student loans, student loan debt promises to linger for years for many, with repayment taking anywhere from 10 to 20 years....

byMeredith Wood

March 20, 2024

The Best Funding Options for Minority Entrepreneurs

Getting funded can be a challenge for any investor. But for minority entrepreneurs, finding and securing capital can often require going the extra mile. More entrepreneurs of color are able to complete this journey, to...

byEric Goldschein

February 1, 2024

Entrepreneurs vs. Solo Entrepreneurs: What Are Your Financing Options?

Working Americans choose to start their own business for any number of reasons. There’s increased flexibility and independence, as well as more ambitious goals, like fulfilling a lifelong vision or dream. According to the U.S....

byMeredith Turits

March 26, 2023

Small Business Check-In: Which Sectors Are Recovering Better and Why?

March 2020 was a month no business owner will soon forget. The country was locking down, and our small business clients were struggling to understand the rapidly changing news cycle, a patchwork of local ordinances...

byBenjamin Johnston

July 12, 2021

The Best Loans for Franchises

Opening your own franchise is a smart decision if you're an ambitious entrepreneur. Being the owner of a franchise offers the flexibility to be your own boss, yet with the security of owning an already...

byRapid Finance

April 6, 2021

New Paycheck Protection Program (PPP) Loans: How to Qualify and Apply

Updated January 11, 2021: The SBA has released guidance for new Paycheck Protection Program (PPP) loans available under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act). This article...

byNav

January 11, 2021

How to Pay Back an EIDL or PPP Loan

If your business received an Economic Injury Disaster Loan (EIDL) or Paycheck Protection Program (PPP) loan, you may have determined it isn’t a good fit for your small business for any number of reasons: You...

byNav

October 6, 2020

WJR Business Beat with Jeff Sloan: Applications Open for Paycheck Protection Program (Episode 41)

Today, applications open for the second round of the Paycheck Protection Program, an SBA loan that helps entrepreneurs keep their workers employed during the COVID-19 crisis. Jeff offers up great tips for securing these funds...

byStartupNation

April 27, 2020

WJR Business Beat with Jeff Sloan: SBA Paycheck Protection Program (Episode 25)

Today, the federal government opens the application period for the Paycheck Protection Program, an SBA 7(a) loan that helps businesses keep their workforce employed during the COVID-19 crisis. On this morning's WJR Business Beat, Jeff...

byStartupNation

April 3, 2020

Everything You Need to Know About Small Business Financing

While obtaining funding as an entrepreneur is not always easy, there are methods to make it easier. These financing solutions support startups and entrepreneurs, and the companies that provide these solutions understand the challenges that...

byRapid Finance

November 26, 2019

5 Things Millennial Entrepreneurs Need to Know About Business Funding

The millennial generation has been coined the most entrepreneurial generation to date. However, many are postponing business ownership for one reason: financing. Starting a business from scratch is a challenging feat on its own, but...

byTom Portesy

November 22, 2019

Spending Freedom: The Truth About Small Business Financing

It’s hard to qualify for a traditional small business loan through a bank, and it’s even more difficult to get funding through a Small Business Administration (SBA) loan. If you do make it through the 60- to...

byRapid Finance

October 22, 2019

Get Cash Fast: The Truth About Small Business Financing

The process of getting a traditional bank loan for your small business is frustrating. It’s nearly impossible to get a banker’s attention if you have questions. You are expected to fill out a long, complex...

byRapid Finance

October 8, 2019

How to Find and Apply for SBA Loans for Veterans

Our military men and women are among the bravest and most dependable people we know. It should come as no surprise then, that this demographic often finds success in the small business world. The hard...

byNav

October 4, 2019

Which Business Credit Scores Matter the Most?

Not all credit scores are created equally. You likely already know that you have a personal credit score; it’s what you need to buy a car, get a mortgage, credit card, or even pass a...

byNav

September 27, 2019

Can You Get a Business Loan with Bad Credit?

Let’s say you’ve identified an opportunity for your business. It might be a bulk deal on inventory, a necessary equipment upgrade, or a great space for a second location. There’s just one problem: You don’t...

byMeredith Wood

March 29, 2019

4 Reasons to Have Your Business Financials in Order

As humans, we tend to focus our attention on the things that bring us the most pleasure and least pain. It is probably no wonder that most entrepreneurs and emerging companies tend to focus on...

byMichael S Melfi

October 14, 2017

Loan Rejection: What It Means for a Small Business

A Loan Rejection Doesn’t Mean You Can’t Get a Small Business Loan The challenge of finding capital is a top-of-mind concern for many small business owners. While a loan rejection is a bitter pill to...

byTy Kiisel

July 16, 2015

Things Investors Say When Really What They Mean is, “No”

One lesson I learned the hard way as a founder is that investors never like to say “no.” They especially don’t like to say “yes,” but “no” is almost as difficult to get out of...

byStartupNation

November 1, 2014

Financing Options for a Small Business

Finding the Right Funding Financing your business is one of the first critical decisions you'll make. A while back, we were approached by "Brian," an Entrepreneur who started a company with a combination of funds from...

byStartupNation

October 19, 2014