As a small business owner, your dream of expanding, innovating, and running your operations efficiently lies in one critical factor: acquiring the right equipment. Whether you’re a startup or an established company, acquiring heavy machinery, up-to-date technology, or specialized tools is essential. How Does Heavy Equipment Financing Work? When you need to acquire equipment for… Read more »
sba loans
How to Qualify for an SBA Loan
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 »
SBA PPP vs. EIDL during Coronavirus Pandemic
For small business owners hit hard by the Coronavirus (COVID-19) Pandemic, the CARES Act offers several programs to offset the negative economic impact with Payment Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) being two of the most important. Learn about the two, how to apply, and the loan forgiveness rules for each.
How to Apply for Small Business Loans During Coronavirus Pandemic
If the COVID-19 pandemic hurt your sales, seeking small business loans during coronavirus can help you cover bills. Here’s what to expect when you apply.