Author Archives: Sean Tinney

Paycheck Protection Program Details - What you need to know

Paycheck Protection Program Details

What is the Paycheck Protection Program? The Coronavirus Aid, Relief, and Economic Security (CARES) Act established a program to help small businesses keep their workers employed in the midst of the coronavirus pandemic.  This program titled, The Paycheck Protection Program,

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Pretty rural town with businesses that could get Rural Small Business Grants

How to Get Rural Small Business Grants

Rural areas are still facing challenges from the Great Recession — a sharp downturn in economic productivity that occurred between 2007 to 2009. While all of America was affected by the recession, rural areas especially struggle to move at the

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Prepare Your Business for the Coronavirus Impact

Prepare Your Business for the Coronavirus Impact

Don’t wait until it’s too late! As a small business owner, do you have a plan to combat the impact coronavirus is having on small businesses all over the world I’ve read a lot of articles on how a small

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Upset businessman with poor credit score trying to figure out how to get a business loan with bad credit

How to get a business loan with bad credit

Credit scores are one of the main determining factors when it comes to borrowing.  So, if you have a poor credit score, you’ll find it difficult to secure a business loan. In fact, traditional banks hardly ever lend to business

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Small business loan for minorities helped African-American couple open coffee shop

Small Business Loans for Minorities 101

Minorities in the United States, defined as anyone who is Asian, Black, Hispanic, or Native American, own as many as 11.1 million small businesses.  And that number is growing fast, up 79 percent between 2007 and 2017. However, due to

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Stop watch on top of cash displaying a Quick Business Loan

Your Expert Guide to Quick Business Loans

According to studies, small businesses (referring to a company with fewer than 500 employees and less than $7.5 million in annual revenue), account for 99% of all US businesses. These businesses are clearly the frame on which the economy is

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Small business owner applying for SBA loan online

How To Get An SBA Loan

It costs money to start and run a business, especially as a small business owner.  When and how to fund your business may be two of the most important questions you will ever consider.  But, if you are eligible, the

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Young businessman reading on computer how FICO changes will impact him as a small business owner

How 2020 FICO Changes May Affect Small Business Owners

In January 2020, FICO rolled out new rules for calculating credit scores, a system called FICO Score 10, which could dramatically impact—for better or for worse—how your credit score is calculated. FICO claims that their new program suite will deliver

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Working Capital Loans vs Working Capital Advances

What is a working capital loan? Working Capital Loans are loans that are taken out to finance the day-to-day operations of a business, rather than a financing option that is used to grow a business through acquisition or buy long-term

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Business woman holding money after improving her chances of getting a business loan

How to increase your chances of getting a business loan?

As a small business owner, you may have a well-run organization which generates a very healthy profit.  But to really take your company to that next level of success you need a business loan to invest in equipment, inventory, employees,

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