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Credit and Lending Collection: Credit insight for every step of your business journey. Our library of resources below can assist you whether you’re applying for credit for the first time, trying to build it or ... As small businesses face considerable financial pressure during the COVID-19 crisis, Facebook is taking steps to provide financial support for business owners. Facebook said it will provide $100 million in g... If you’re a small business owner looking for capital, you may want to consider looking into Community Development Financial Institutions, or CDFIs—organizations that specialize in lending to small business... Getting denied for business credit is frustrating, but knowing why you were turned down can help improve your chances next time. From your cash flow to your utilization ratio, this infographic breaks down the common r... A good business credit score may help your business qualify for better rates on credit cards, loans and lines of credit. So how do you find out what your business credit score is and see what’s on your business ... Why improve your business’s credit score? So you can access the funding and terms you’ll want as you pursue your future goals. Here are some tips that can help. Start by determining your business needs.Ca... While most of us understand personal credit – pay on time, don’t rack up too much debt – business credit tends to be somewhat of a mystery, especially for newer entrepreneurs. For instance,... This is the final post of a three-part series on capital raising mistakes you can easily avoid. For the first post, click here and for the second part, click here. Mistake #9: Not Being Scrappy ... SBA loan application 7(a) loan program: Borrower Information Form — SBA Form 1919 SBA Express: Please see your Bank of America business banker for the most current form. Microloan program: CDC/504 loan progr... The Small Business Administration (SBA) is a government agency dedicated to small business growth. The organization offers several loan programs for a wide variety of needs and company types, but the SBA does not dire... More business owners are looking to borrow capital today than in recent years. There are many reasons for this: to provide better training and development for employees; to invest in new equipment or to expand operati... If you’ve read our previous post, “Need a loan? The Small Business Administration can help." you’re familiar with some of the reasons why the United States government guarantees loans to small busine... When unexpected things happen, will your small business be ready? No matter how prepared you might be, sometimes financial emergencies happen. The good news is that there is help when you need capital fast. ... Are credit cards great, or what? You can use them easily, anytime, for home or office, for whatever you need, and there is no paperwork to fill out, no pre-purchase approval required. For the busy entrepreneur... Watch the video above to see a brief comparison of the different lending products and features, to help you understand how credit options can support every stage of your business journey. Video transcr... There are two ways to get the money you need for your business – the right way and the wrong way. First, the wrong way: My friend Jeff had read a lot about crowdfunding and decided that was how he would ... This is the second article of a three-part series on capital-raising mistakes you can easily avoid. If you missed the first post, can check it out here. Mistake #5: Underestimating How Much Time it... Raising capital for businesses is hard and often misunderstood. As a “recovering” investment banker, I have helped my clients raise 10-figures in capital over the past 15 years, and have witnessed ma... Starting a business can be difficult. The reality facing all business owners is that a market of individuals must like and, ultimately, support your product or service through their patronage. Let’s face... There are several types of loans available from the Small Business Administration (SBA). In part 2 of our 3 part series, discover all the loan choices at your fingertips, so you can do your due diligence, co...
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