SBA Loan Basics for Small Business Buyers and Sellers – Part 1
Small businesses are the backbone of the economy, and buying or selling one can be an exciting and rewarding endeavor. However, the process of obtaining financing for the purchase of one can be daunting, especially for first-time buyers. This is where Small Business Administration (SBA) loans come in. Basically, they are specifically designed to help […]
SBA Loans Made Simple: Your Guide to Franchise Ownership
Small Business Administration (SBA) loans are a popular financing option among entrepreneurs and business owners who want to start or expand their franchises if they don’t qualify for traditional bank loans. However, before applying for SBA financing, here’s everything you need to learn about SBA loans and how to achieve your franchise ownership goals. What […]
5 Tips to Keep in Mind When Considering an SBA Loan
Small Business Administration (SBA) loans are a popular financing option for small businesses. SBA loans are provided by lenders who are backed by the federal government, which reduces the risk for lenders and makes it easier for small businesses to secure financing. However, obtaining an SBA loan can be a complicated process. To make things […]
Defining Small Business: SBA’s Size Standards for Eligibility
Small businesses are an essential part of the economy, contributing to job creation, innovation, and economic growth. However, the definition of what constitutes a small business can vary depending on the industry and the context. The Small Business Administration (SBA) is a federal agency that provides resources and support to small businesses. One of their […]
7 Ways Bridge Financing Is Beneficial during Crisis
The current global financial crisis has had far-reaching implications for businesses of all sizes. As companies struggle to stay afloat, many are turning to alternative sources of financing, such as Bridge financing. Bridge financing is a type of short-term loan that can be used to meet the immediate needs of a company. It is usually […]
Interest and Inflation Rates: How Do They Affect Businesses
Inflation and interest rates are two of the most important economic indicators, and understanding how they interact can help businesses make sound decisions. In this blog post, we’ll take a look at what inflation is and how interest rates affect it. What Is Inflation? Inflation is the rate at which the prices of goods and […]
Here’s All That You Need to Know About Fixed Interest Rates
Fixed interest rates are a popular choice for individuals and businesses, who are looking for a steady, consistent rate of return on their investment. Fixed interest rates are a type of loan, where the interest rate remains constant over the entire life of the loan. This type of loan offers borrowers a way to manage […]
Here’s Everything You Need to Know about Bridge Loans
A bridge loan is a type of short-term loan that is used to “bridge” the gap between two different financial transactions. It is usually used when a borrower needs to access funds in order to complete a transaction before long-term financing can be arranged quickly. Bridge loans are typically used in real estate transactions, but […]
5 Things Borrowers Should Understand About the SBA 7(a) Loan
The SBA 7(a) Loan is a loan program the U.S. Small Business Administration (SBA) provides to help small businesses access capital. It is the most popular loan program the SBA offers and provides long-term financing for various business needs. It can be used as working capital in machinery, equipment, land, and buildings. SBA Loan 7(a) […]
Get Advice about an SBA Loan and Its Benefits Here
If you’re looking to fund your growing business, you may have encountered the term SBA loan or a small business acquisition financing. Here’s an overview of what it is and what it can do for you. SBA loans are financed by the Small Business Administration (SBA). The SBA works with lenders to provide access to […]