Small business owners have tied enterprise growth to access to technology. However many are unable to access working capital to fund their technology and growth, so they must seek out alternative lenders for working capital loans and equipment lease financing.
Recent reports show many Latino and Hispanic entrepreneurs are planning to hire this year and anticipate better results in 2013 than what they experienced in 2012.
Recent surveys show more small business owners are integrating mobile technology into their business and marketing practices.
Although Latino-owned small businesses are increasing in number, many are having trouble getting approved for a small business loan or equipment lease.
Mobile technology is increasingly important to small business operations. Small business owners welcome the use of mobile devices in an age of social media.
Small business owners are showing growing optimism regarding sales in 2013, following gains in consumer spending. Small businesses interested in capitalizing on consumer optimism may need to seek financing from alternative lenders.
Small business confidence climbed in April as consumer sentiment and home prices grow beyond forecasts. Therefore, many small business owners may begin looking for financing from alternative lenders.
Small businesses are looking to expand their digital presence in 2013, so many small business owners are investing in digital marketing. To fund these digital efforts, small businesses will likely need to seek outside funding.
Although small business owners face a tough economic climate, seeking alternative financing may help an entrepreneur succeed.
Businesses upped their investments in equipment leasing during March. U.S. companies invested $6.8 billion in new loans and equipment leases during March, a total that is up 45 percent from the month before, according to a recent index.