By: Alexis Dishman Being a small business owner can be a juggling act. On any given day, you might be tasked with handling operations, marketing, accounting, and more. With this workload, there aren’t always enough hours in the day to focus on the long-term growth of the business. In fact, a recent small business study […]
Category: Blog
What Types of Financing are Available for Small Businesses?
By: Alexis Dishman Whether your business is growing, downsizing, or somewhere in between, sooner or later you may need a cash infusion to support your small business needs. But it’s a crowded marketplace for small business loans. There are online lenders, bank lenders, Community Development Financial Institutions (CDFIs) and non-profit lenders available to lend money […]
Finding the Right Size of SBA Loan for Your Small Business
By: Alexis Dishman Is your small business ready for a Small Business Administration (SBA) loan? You may be asking yourself, how much SBA loan can I get? Seeking SBA financing requires careful financial planning and insight into the small business lending process. The SBA offers several different loan programs, each with its own limits, restrictions, […]
The Most Common Types of Small Business Financing
By: Alexis Dishman There are several ways for small businesses to access capital. Here, we’ll explain the most common types of external sources for small business financing (i.e., not personal savings) that can help small businesses grow, hire, purchase real estate, and more. External financing tends to fall into three categories: equity, debt, and grants. […]