Finance my business

Small Business Administration (SBA) loans are offered through financial institutions approved by the SBA and are guaranteed in part by the U.S. Small Business Administration.   The SBA doesn’t directly provide the business loan, except in the case of its disaster loan program. Instead, the SBA guarantees that they’ll repay a percentage of the loan to […]

Waiting for outstanding invoices can cause your business serious harm. You might have to pass on a great opportunity or struggle with bills even though you’re owed more than enough money to cover the costs. Invoice factoring could help in these situations.    What is invoice factoring?  Invoice factoring is a type of business financing […]

Getting a business loan, business line of credit, or another type of financing can help with growing a small business. However, figuring out the type of financing you can get, finding the lender that matches your business’ needs, and qualifying for the desired amount can be difficult. Here, we’ll take a closer look at the […]

More than 62 million Latinos live in the United States, and the country is home to nearly 5 million Hispanic-owned businesses, according to the State of Latino Entrepreneurship Report from Stanford University. Hispanic-owned small businesses are outpacing the growth of other small businesses in the United States, both in number of new businesses and revenue. […]

Accessing small business financing is a crucial aspect of running a small business. A number of options are available for businesses to get access to cash, and some are faster and more convenient than others. These options include traditional business loans, business credit lines, credit card financing, and accounts receivable financing.   A specific type of […]

The Small Business Administration (SBA) acts as a bridge between small business owners and lenders. While the SBA doesn’t offer loans directly, it does guarantee loans made by its lending partners.  One thing that makes SBA loans so appealing to business owners is their loan rate. SBA loan rates are typically lower than the average […]

When comparing small business loans, it’s important to understand which options require business or personal assets to be used as collateral.  With a collateralized loan, also called a secured loan, a borrower gives the lender the right to claim the assets they pledge. The collateral limits the lender’s risk because it can take the assets if […]

Many business owners are excited about fundraising opportunities that involve capital from outside investors — and with good reason. The right type of financing can help a business scale and achieve major growth.  Yet there are also good reasons to be cautious about investment partners. Saying yes to a capital investment without digging deeply into […]

Small business owners should be aware of all the financing options that they can use to run and grow their business. Business owners might turn to U.S. Small Business Administration (SBA) loan programs for this funding. But the SBA also oversees the Small Business Investment Company (SBIC) program that can help small businesses get financing […]

Tracking the movement of money in and out of a business is a necessity and there are a number of tools that can make the process easier. Balance sheets and income statements are both used to capture a financial snapshot of a business at a given point in time. While these financial statements can provide […]