Posts Tagged "SBA"

Obtaining Government Funding For Small Business

Posted by on Dec 27, 2011 in Finance 101 | 0 comments

Obtaining Government Funding For Small Business

Starting a business enterprise, improving a service, purchasing an equipment, or creating a new product requires substantial funding. However, majority of business owners do not have the liquid finances to back up these expenditures and the common route they take is apply for a business loan from a bank or a dedicated lending firm. However, banks and lending companies are very strict when it comes to approving loan requests and most of the time, these financing entities end up declining loan applications. The good thing, however, is that obtaining government funding for small business is very much possible. The Small Business Administration, also known as the SBA, has...

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Understanding Free Grants For Small Businesses

Posted by on Dec 27, 2011 in Finance 101 | 0 comments

Understanding Free Grants For Small Businesses

A grant has many definitions. But in the world of business, a business grant is entirely free money given to a business startup or an existing venture with the purpose of improving one’s product or services. In the World Wide Web, you may have heard of free grants for small business. Some sites even offered e-books and online articles that could point your to the right direction with regards to getting free small business grants. However, you need to understand that while there are indeed grants offered for small businesses, only a select few can be considered eligible. And most of the time, passing eligibility requirements does not guarantee free money. Grant...

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Hispanic Small Business Loans

Posted by on Dec 21, 2011 in Finance 101 | 0 comments

Hispanic Small Business Loans

A lot has been said about Hispanic small business loans, whether they exist and where to find them if ever. The Latino community is one of the largest minority sectors in the United States and it is continually growing. As such, it is only fitting that there is a minority loan initiative aimed towards them. Unfortunately, there is a lack business loans that are geared towards members of the Latin community. That said, there has never been absence of it. The Small Business Administration has launched several small business lending programs to cater various individuals and business profiles. However, there has been no implementation of any sort of a loan initiative...

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SBA Patriot Express Loan 101

Posted by on Dec 20, 2011 in Finance 101 | 0 comments

SBA Patriot Express Loan 101

The small business sector is made up of various demographics. But the one of the most prevalent and most successful groups would be those that are owned by entrepreneurs who come from a military background. Many business analysts and wealth experts suggest that the kind of discipline and character that comes with rigid military training is a primary reason why a huge number of small enterprises owned and operated by former and current members of the US Armed Forces and the National Guard have become quite a success. According to an article featured on a business website, the military environment helps in cultivating and enriching many attributes that can be quite useful...

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Fast Business Loans of the SBA

Posted by on Nov 27, 2011 in Finance 101 | 0 comments

Fast Business Loans of the SBA

The Small Business Administration (SBA) offers express financing packages, or fast business loans, for small business owners and individuals who are in need of immediate funding but do not have the luxury of time to wait for the lengthy process that comes with regular SBA-backed loans. SBA express loans main features are efficient and speedy loan procedures for specific groups of applicants, notably active members of the US Military and the National Guard, veterans of the mentioned agencies, and borrowers from socially and economically poor communities. While SBA still provide coverage for express loans, the glaring difference that set these type of financing apart from...

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