Are you sick of jumping through hoops while trying to get a bank-issued loan only to wait weeks or even months AND still get declined? We’ve already heard from many business owners across the country that were NOT successful in securing a loan either through the SBA Paycheck Protection Program(PPP) or Economic Injury Disaster Loan(EIDL) […]
Tag Archives: Loan
COVID-19 Small Business Resources, Small Business Tips
A complete state-by-state breakdown of existing shelter in place orders due to COVID-19
14
Apr
Apr
Officials across the U.S. are taking various measures to combat COVID-19. The White House extended its social distancing guidelines on March 31 for another 30 days to try to minimize the national death toll. If you are a small business owner wondering how long the lockdown, or as some states are calling it “shelter in […]
COVID-19 Small Business Resources, Small Business Tips
What industries will not be eligible for the Paycheck Protection Program?
13
Apr
Apr
The Paycheck Protection Program is intended to provide economic relief to small businesses nationwide adversely impacted under the Coronavirus Disease 2019 (COVID-19) Emergency Declaration (COVID-19 Emergency Declaration) issued by President Trump on March 13, 2020. On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act or the […]
01
Apr
Apr
State and Local Coronavirus Small Business Assistance We are updating this story regularly as more federal, state and local program details become available. Last update: April 1st, 2020 States and municipalities are adding programs by the day. Check your governor’s website for up-to-date information about relief available in your area. The National Governors Association offers […]
01
Apr
Apr
SBA Disaster Loans The SBA Economic Injury and Disaster Loan is available to all the states throughout the country for any business needing access to capital to cover needs brought by the Coronavirus pandemic. For those businesses that qualify, this loan is a great option as it has no upfront fees or early payment penalties and […]
05
Mar
Mar
Operating and running a successful tanning salon means you are always looking for opportunities to stay on-trend. The tanning salon business is unique in that it caters not only to people who live in areas geographically affected by winter weather, but also regions where people can wear outfits that show off their tans. Interestingly […]
04
Nov
Nov
Running a seasonal business year-round requires self-discipline and the commitment to work twice as hard as the conventional business owner. There is a higher level of stress and anxiety that falls onto the seasonal business owner’s shoulders from having to make up their annual revenue compressed into a very short time window. A seasonal business […]
01
Nov
Nov
The holiday season can be an extremely hectic time for many businesses. This time of year can also lead to additional and unforeseen costs. Small business funding can provide a business owner the ability to avoid additional year end expenses that may lead to significant financial complications. Most loans that are taken out during the […]
24
Jul
Jul
The number one question we hear from potential and existing clients is: “How do I establish good business credit?” The business credit reporting agencies like Dun & Bradstreet gather information and reporting from the vendors, suppliers, and creditors you do business with. Your business borrowing information gets processed through a credit reporting algorithm to establish […]
12
Jul
Jul
Knowing how to understand your business cash flow is critical. You don’t have to be an accountant or have an MBA in finance to understand the basics. Even if you are using a bookkeeper or a professional accountant you should still have a true understanding of where the numbers come from and what every item […]