Blog posts tagged with "Business Finances"

Is a Long-Term Business Loan Right for Your Company?

July 01, 2022
Long-term business loans are a popular business financing option that can provide stability and working capital that your business needs to expand. However, it’s essential to understand the benefits and drawbacks of a long-term business loan before starting the application process. It’s also vital to consider your business’s needs, current financial situation, and upcoming goals. 

The Top 5 Reasons to Pursue a Business Expansion Loan

July 01, 2022
Expanding your business is one notable option if you’re considering ways to achieve business growth. Progression is essential to running a small business, especially as you navigate and recover from the ongoing COVID-19 pandemic.  

How to Select the Best Small Business Loan for Your Needs

June 29, 2022
Small business loans are an incredible resource for entrepreneurs looking to grow their operations, afford emergency expenses, or have access to additional cash flow. 

How to Get a Small Business Loan in Tennessee

June 28, 2022
As of 2021, Tennessee was home to 636,842 small businesses, which employed 1.1 million workers or 42.4% of the state’s total workforce. The top industries in Tennessee include construction, professional, scientific, and technical services, administrative, waste management, and retail trade.

How to Get a Small Business Loan in Pennsylvania

June 23, 2022
Pennsylvania is home to 1.1 million small businesses, according to the latest figures by the U.S. Small Business Administration (SBA). These businesses employ 2.5 million workers and account for 46.3% of the private workforce in the state. The top industries for Pennsylvania small businesses include professional, scientific, and technical services, construction, retail trade, real estate, and health care. 

How to Apply for the 8(a) Business Development Program

June 22, 2022
You might know about the 8(a) Business Development Program if you’re a small business owner competing for government contracts. The federal government sponsors the program to level the playing field for eligible disadvantaged small businesses.

SBA 7(a) Loans vs. SBA Microloans: How to Decide

June 20, 2022
Since 1953, the Small Business Administration (SBA) has helped countless small business owners receive necessary financing. The SBA’s primary mission is to assist business owners and strengthen the U.S. economy, so they offer various loan options. If you’re a business owner that requires financing but hasn’t been approved for traditional options, you should consider applying for an SBA loan.

How to Get a Small Business Loan in Oklahoma

June 17, 2022
Oklahoma is home to more than 300,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 715,603 workers and represent 51.7% of the private workforce in the state.

Short-Term Business Loans: The Top Pros and Cons to Consider

June 16, 2022
One of the essential components of running a successful business is finding ways to allocate capital effectively. You can minimize costs and maximize potential business opportunities with a sound financial plan.

Equity Financing: How Can Business Owners Benefit from It?

June 15, 2022
In a survey by Intuit, 75 percent of small business owners said they relied on their personal savings to start their businesses. However, starting a business is one thing, and successfully growing it is another. You’re likely to need some additional financing for sustained business growth. Still, it can be challenging to acquire it, especially as a new business owner.