• Resource Center: Credit and Lending

    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 ...
    SBC Team
    last modified by SBC Team
  • Facebook Pledges $100M in Small Business Grants and Credits

    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...
    SBC Team
    last modified by SBC Team
  • Need Capital? Consider a CDFI

    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...
    SBC Team
    last modified by SBC Team
  • Why you got declined for business credit (and what you can do about it)

    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...
    SBC Team
    last modified by SBC Team
  • Understanding business credit scores

    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 ...
    SBC Team
    last modified by SBC Team
  • Building credit for your small 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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • How to Improve Your Business Credit

    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,...
    Steve Strauss
    last modified by Steve Strauss
  • Small Business Guide to Raising Capital, Part 3:  How well do you understand debt?

    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 ...
    Carol Roth
    last modified by Carol Roth
  • Your Small Business Administration Checklist

    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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • How to apply for a Small Business Administration Loan

    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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • Need a loan? The Small Business Administration can help.

    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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • Choosing the right Small Business Administration (SBA) loan for your business.

    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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • Staying Afloat: Best Loans to Help with Short-Term Cash Flow

    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. &#...
    Steve Strauss
    last modified by Steve Strauss
  • The Right – and Wrong – Way to Use Credit Cards to Fund Your Business

    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...
    Steve Strauss
    last modified by Steve Strauss
  • Borrowing Options for Small Businesses

      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...
    Bank of America SB Team
    last modified by Bank of America SB Team
  • The Many Ways to Get the Money You Need

    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 ...
    Steve Strauss
    last modified by Steve Strauss
  • Small Business Guide to Raising Capital, Part 2:  How Much is Family Worth to You?

    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...
    Carol Roth
    last modified by Carol Roth
  • Small Business Guide to Raising Capital, Part 1: Don’t be Greedy

    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...
    Carol Roth
    last modified by Carol Roth
  • Your Business Needs Capital: Three Ways to Get It Now

    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...
    Ebong Eka
    last modified by Ebong Eka
  • Types of SBA Loans − SBA Loans Guide Part 2

    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...
    SBC Team
    last modified by SBC Team