SBA loans

Paycheck Protection Program, Round 2: Can Your Business Receive Any of This Money?

On Friday, April 24, President Trump signed into law a new bill providing a much needed additional $310 billion into the Paycheck Protection Program (PPP), created under the CARES Act (Coronavirus Aid, Relief and Economic Security Act) to help small businesses keep employees on the payroll, and Economic Injury Disaster Loans (EIDL). Out of the […]

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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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