Category: Business Financing

Do you run one of the 244,000+ small businesses in Arkansas? Could you do with an infusion of capital to grow your business, maybe by purchasing real estate, investing in advertising, or acquiring another company? Consider applying for a small business loan. If you qualify, you can get low-interest financing that can help you expand your business faster than you could on your own. How a Small Business Loan Can Help Your Arkansas Business So why consider small business loans?… Read More

SBA loans are considered one of the best small business loans. Small business owners who qualify will get loans with competitive interest rates and favorable repayment terms. But what happens if you’re turned down? Here we’ll share common reasons for an SBA loan denial and what you can do about it. First, some background. The U.S. Small Business Administration (SBA) generally doesn’t make loans. Instead, it guarantees loans made by lenders approved by the SBA. The exception is SBA Disaster… Read More

Getting a small business loan can be overwhelming and, at times, frustrating. Understand what’s required to qualify for a business loan to make the process of applying, and getting, business financing easier. Most small business financing is based on three main qualifications: revenues, credit and time in business. Depending on the lender and the type of financing, however, there may be additional qualifications including industry, collateral, business plan, financials and more.  Small Business Loan Requirements Three main factors are almost… Read More

Maybe you’ve been told by a colleague or friend that you should take out a small business loan, but you’re not quite convinced. After all, you’ll be taking on debt that has to be repaid. So why would you want to take out a loan for your business? Benefits of Small Business Loans Small business loans can provide a plethora of benefits. First of all, by taking out financing, you don’t give up any control over your company like you… Read More

Smart business owners know they can do more with a little extra working capital. And when they don’t have extra cash available, they take out small business loans.  Sounds simple, doesn’t it? There are actually many types of business loans, so to find the one that’s best for you, you’ve got to do your homework. Let’s start that journey by understanding a little more about long-term business loans. What is a Long Term Business Loan? Business loans have different repayment… Read More

Are you ready to join the 900,00+ small businesses in Ohio? You’ll need capital to get started. Or maybe you have an existing business in Ohio and are looking for a little extra capital to help you grow your company by hiring help, investing in marketing, or buying real estate. Not to worry. There are small business loans for every situation and every credit profile. How a Loan Can Help Your Ohio Small Business Small business owners know that it… Read More