business loan Archives

5 Questions to Ask Yourself Before Taking On Debt In Your Startup

When you're growing a startup, there are a lot of things you need to take into account. One of the most important considerations is how you're going to finance your business. Many startups turn to...

byMatthew Gillman

June 22, 2022

5 Types of Investors for Startups

“The most meaningful way to succeed is to help others succeed.” -Adam Grant, organizational psychologist Investors are unique players in the growth process of a business. The level and quality of their involvement can ultimately...

byRebecca Bernstein

April 27, 2022

Top Small Business Grants for Women and Minorities

For an updated list of grant programs for women and minorities available in 2021, please click here. Funding a small business can be quite the undertaking, whether you’re starting a new venture for the first...

byMeredith Wood

November 28, 2021

What You Need to Know About Unsecured Business Loans

As a small business owner, you may need financing at some point. You might need help purchasing an asset, expanding your business and more. No matter the reason, an unsecured business loan can help. Whether...

byRapid Finance

January 27, 2021

What You Need to Know About Collateral Loans

The ebb and flow of modern business is difficult to predict. Small businesses, in particular, can struggle to react to fast-changing market conditions. There may be times when short-term cash injections are needed to cover...

byRapid Finance

January 19, 2021

Why Was My Business Loan Application Denied?

This is a pretty simple question with a more complicated answer. There are a lot of reasons why a business loan application might be denied, but what most small business owners should be asking themselves...

byNav

October 21, 2020

6 Steps to Take After Getting a Business Loan

Once you decide to finally launch the startup you’ve always dreamed of, you may need to take out a small business loan. However, this process doesn’t simply consist of obtaining a loan and repaying it...

byEmily Morgan

October 4, 2020

Are Business Loans More Affordable Now Due to the Pandemic?

The COVID-19 pandemic has devastated the global economy in a number of ways. Unemployment is up, the stock market is down, and small businesses are struggling to make ends meet. While Congress approved some financial...

byEric Goldschein

September 21, 2020

WJR Business Beat with Jeff Sloan: SBA EIDL Lending Program (Episode 83)

Today on the WJR Business Beat, Jeff reports on the EIDL program. The U.S. Small Business Administration announced the conclusion of the first component of the program, which provided U.S. small businesses, nonprofits and agricultural businesses...

byStartupNation

July 13, 2020

What Lenders Want to Know About Your Business Right Now

Whether you’re talking to an SBA lender or any other lender, they all are trying to get the answer to basically three questions. They might not all ask the questions in the same way, but...

byNav

May 26, 2020

What Small Businesses Impacted by COVID-19 Need to Know About the CARES Act

Small businesses have long been referred to as the backbone of the economy. As the COVID-19 pandemic continues, small businesses struggle on a day-by-day basis to weather the storm. At least three-quarters of U.S. small...

byMyCorporation

April 1, 2020

Frequently Asked Questions About Applying for SBA Disaster Loans (EIDL) Due to Coronavirus

This article has been updated April 23, 2020 to include additional funding approved by Congress. Small business owners impacted by the coronavirus crisis may want to consider an SBA Economic Injury Disaster Loan. These loans...

byNav

March 31, 2020

Applying for a Business Loan is Changing Due to COVID-19: Here’s What it Means

As the coronavirus ravages businesses, small business lenders are re-evaluating their underwriting policies, along with reviewing their risk tolerances for those industries that look like they may be hit hardest by the disruption. Here’s what...

byNav

March 25, 2020

Starting a Business? 5 Ways to Stay on Budget

Whether you are pursuing a lifelong passion, have a unique product idea with income potential, or want out of the corporate rat race, there are many reasons why you may be looking to start a...

byHolly Johnson

January 6, 2020

4 Ways to Get Financing Quickly Ahead of Small Business Saturday

If you’re a small business owner and are looking to drive traffic this holiday season, make sure you take advantage of Small Business Saturday. An annual event, this holiday has become a phenomenon: according to...

byGerri Detweiler

November 6, 2019

How to Find and Apply for Minority Business Loans

Many minorities are starting businesses, have been running one for a while, or are well-established in their industry. Despite their qualifications and eagerness to be part of a growing economy, however, there are some obstacles...

byNav

October 11, 2019

5 Questions to Ask Before Applying for a Small Business Loan

Remember the old advice that heeds to “look before you leap”? When it comes to small business loans, you can translate that to “ask before you apply,” and it’s a crucial step for any entrepreneur...

byChloe Gawrych

April 4, 2019

Can You Get a Business Loan with Bad Credit?

Let’s say you’ve identified an opportunity for your business. It might be a bulk deal on inventory, a necessary equipment upgrade, or a great space for a second location. There’s just one problem: You don’t...

byMeredith Wood

March 29, 2019

A Startup’s Guide to Alternative Finance

As an entrepreneur, your next venture may be fully developed, and your business model mapped out, both technically and operationally. But in order to kickstart your business by legally establishing the operating structure and opening...

byKeith Tully

March 15, 2019

4 Tips for Funding a Business When You Have Student Loans

Few words strike as much fear in the hearts of college grads as student loans. These debts seem to linger for years; for some, repayment can take anywhere from 10 to 20 years. And for...

byMeredith Wood

October 29, 2018