Legislation Increasing Support to SBA Investment Program a Step Forward for Entrepreneurs Looking for Capital
House legislation seeks to provide greater access to capital for entrepreneurs by expanding the amount available to small business investments through the SBA's Small Business Investment Company program
Peer-to-peer (P2P) lending is a fairly straightforward concept: networked lending between people who want to borrow money with those who want to invest money. Also known as social lending, this form of crowdfunding is facilitated through specialized investment firms and websites.
A California non-profit has managed to combine the best feature of a merchant cash advance, with the best feature of a conventional loan. The resulting product, called EasyPay, can only be described as cool.
All options for loans have both positives and negatives, as an entrepreneur or small business owner you need to select the option that best aligns with both your long term and short term goals. Explore all possible options and don't ever let funding be a reason that a great idea doesn't come to life.
To get a loan in today's market, small business owners need to not only demonstrate creditworthiness, but be savvy about the loan process. This means understanding the standard process that banks use to assess risk and approve loans.
Applying for a business loan can be intimidating and stressful, and it can be confusing to have an application rejected with little explanation. Three of these steps are described below, and should be completed prior to approaching a financial institution about a loan.
The nature, extent, scope and tone of the pitch have numerous permutations and combinations depending on the scenario.