SBA loans

Newly Available CARES Act Loans: 10 Things Small Businesses Need to Know

The federal government has recently enacted two pieces of legislation to help small businesses weather the COVID-19 crisis, including the CARES (Coronavirus Aid, Relief, and Economic Security) Act passed on March 25, which provides $349 billion in Small Business Administration (SBA) loans. The previous bill provided for $7 billion in additional loans. It is important …

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Women Entrepreneurs: 3 Smart Ways to Self-Fund a New Business

How do women entrepreneurs finance their small businesses in 2019? According to the 650 female small business owners surveyed in Visa’s State of Female Entrepreneurship study, 61% chose to self-fund their own startup. The decision to self-fund, according to the report, is one that the majority of women in business often make out of necessity. …

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Here’s What You Need to Qualify for an SBA 7(a) Loan

If there’s one type of business funding that’s heads and tails above the rest, the SBA 7(a) loan is it. A Small Business Administration loan is issued by approved financial institutions, partially guaranteed by the government, and can be used for a variety of reasons. Since it is paid back over a long period of …

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