The U.S. economy is heavily reliant on small business, with an estimated 95% of business operations dependent on small businesses for everyday goods and services. Small business owners are no stranger to risk and uncertainty, but even
The U.S. economy is heavily reliant on small business, with an estimated 95% of business operations dependent on small businesses for everyday goods and services. Small business owners are no stranger to risk and uncertainty, but even
Businesses are facing new challenges as they continue to navigate the ongoing novel coronavirus (COVID-19) pandemic. According to the latest U.S. Census Bureau Small Business Pulse Survey, 82.5% of businesses surveyed experienced a “moderate or large negative
As a small business owner, you’re no stranger to surmounting challenges and overcoming obstacles. But when it comes to getting the funding you need to strengthen or grow your business, the process can seem discouraging and difficult.
There is no “one size fits all” list of small business loan requirements. Like all things small business funding, the exact eligibility and approval requirements of your funding will depend on the specific type of financing you’re
“How do small business loans work?” may seem like a simple question with an equally simple answer, but if you’ve ever considered applying for small business funding, you know that small business loans are far from straightforward.
There are many different small business loans available to business owners. Each type of loan has different qualification requirements, interest rates, and terms. To complicate matters further, each funding option is ideal for different circumstances, depending on
Lack of working capital and other cash flow woes are the most common problem reported by small business owners, especially when they’re planning for growth. Many enterprises face up-front costs before the anticipated income starts rolling in,
According to a survey conducted by the National Federation of Independent Businesses, roughly 75% of small business owners applied for a Paycheck Protection Program (PPP) loan and 40% of small businesses applied for an Economic Injury Disaster
Nearly 5 million small businesses have received a cumulative total of $518 billion in Paycheck Protection Program funding, as well as $135 billion in Economic Injury Disaster Loans, with an average loan size of $105,000 and $60,000
Over nine weeks between April 26 and June 27, 2020, the United States Census Bureau conducted a weekly survey of small business owners to measure changes in business conditions during the COVID-19 pandemic. The goal of the
