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
See moreCategory Archives: Business Financing
How to Get Rural Small Business Grants
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
See more
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
See more
Fast Lawn Care Business Loans
The reason certain households have impeccable lawns that inspire the jealousy of their neighbors isn’t a green thumb. It’s because of landscape companies like yours that keep those properties looking pristine. Sometimes you’ll need one of our fast lawn care
See more
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
See more
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
See more
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
See more
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,
See more
Nine Tips to Enhance Your Business Profits
Every business aims to make a profit to keep the business running effectively. As simple as this sound, the path of small businesses has always been plagued with challenges. There are strategies to enhance your business profits but many small
See more
Interest vs Rate Factor
Know What You Owe – Interest vs Rate Factor These days small and medium-sized businesses have many funding options at their disposal. From traditional term loans and lines of credit, to working capital advances and factoring loans, it’s hard to
See more