The top financing options for small businesses include bank loans, SBA loans, online loans and small-business grants.
Need to fund your business? Today, there's many different small business funding avenues – from traditional loans to innovative 401(k) strategies. Let's look at the pros and cons of the top seven b...
Official websites use .gov A .gov website belongs to an official government organization in the United States. ; Secure .gov websites use HTTPS A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.
The Office of the Advocate for Small Business Capital Formation and the Division of Corporation Finance’s Office of Small Business Policy launched an expanded Capital Raising Hub, which includes al...
FasterCapital helps you secure funding for your small business through getting business loans and connecting you with equity investors i.e. angels and VCs.
Grants.gov: This is the go-to source for federal grants, offering detailed information on more than 1,000 grant programs. The site allows users to search for grants, apply online and track their application status. GrantWatch: GrantWatch lists grants from foundations, corporations, and federal, state and local governments. The site is user-friendly and allows searches by state, nonprofit or business type and specific needs. Foundation Center: Known for its comprehensive database, Foundation Center offers a subscription service where users can a ...
Government grants for small business can help fulfill funding needs. Learn the resources and process to apply, along with other options available.
Personal guarantees can be problematic for several reasons: ; A business owner who signs a personal guarantee may remain on the hook for the loan after he or she has left the company if there is a balance, or if the loan is a line of credit. ; Personal guarantees often involve personal credit checks and those inquiries generally affect personal credit scores (rather than business credit scores). ; Sometimes loans with PGs will appear on the owner’s personal credit reports, affecting their credit scores.
It’s amazing how many funding options are out there for small businesses, but choosing the right one can feel overwhelming. Recently, I dove into a great…
This comprehensive guide for small business funding outlines myriad startup funding and small business financing avenues for raising capital.