One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »
It’s no secret that a small business owner’s plate is overflowing with responsibilities leaving little to no time to decipher the intricacies of tax codes. Many small business owners, unfortunately, struggle to maximize their tax deductions because they’re too engrossed in managing their company or may just be unaware of the latest opportunities. Each year… Read more »
California, with over 4.2 million small businesses, leads the United States in entrepreneurial endeavors. The Golden State offers an enticing business environment, largely due to its thriving economy, vast networking opportunities, a growing customer base, and a rich pool of talent for hire. This blog will guide you through the comprehensive steps of establishing your… Read more »
Small businesses are the backbone of California’s vibrant economy, often needing external funding for various reasons such as startups, business expansion, seasonal fluctuations, equipment financing, or in the wake of disasters. In 2020, California businesses with revenues of $1 million or less received a staggering $14.8 billion in loans from reporting banks. With a wide… Read more »
There are different types of trucking businesses thriving in the trucking industry. They can be classified by route, such as local, regional, or national carriers, and they can also be classified based on the type of load shipping, such as LTL (less than truckload), FTL (full truckload), reefer (refrigerated goods), white glove (special handling), and… Read more »
With over 500,000 trucking businesses in the United States, it is one of the country’s most competitive industries. As of 2020, the U.S. trucking industry was valued at $732.3 billion, with 902,000 truck drivers employed. But therein lies a problem. With about 900,000 drivers to 500,000 businesses, there are fewer than two truckers for every… Read more »
Small business loans offer several benefits when compared to other forms of financing. Unlike investor funding or selling company shares, you don’t give away a portion of your business equity with a loan. Compared to crowdfunding, small business loans are far more reliable and faster in acquiring the funds you need for your company. Here,… Read more »
Running a small business can be lonely and frustrating at times. But you are not alone on this journey of entrepreneurship. According to the US Small Business Administration Office of Advocacy’s 2022 report, over 33 million small businesses are operating in the U.S. A 2016 study from the U.S. Bureau of Labor Statistics indicates that… Read more »
Running a small business is like maneuvering a ship through an unpredictable sea. It’s smooth sailing when everything falls in place, but it can quickly turn into a rough ride if your business runs into troubled waters. As a small business owner, you need to be prepared to face financial challenges caused by an unexpected… Read more »
You are leaving NationalFunding.com
You are now leaving the National Funding website, and are being connected to a third party website. Please note that National Funding is not responsible for the information, content, or product(s) found on third party websites.