SmartBiz
The Firm Revolutionizing Small SBA Loans
Most small business owners seeking capital will at some point come in contact with SBA financing. SBA financing is guaranteed by the Small Business Administration (SBA), a United States government agency focused on expanding capital access to small businesses. The SBA doesn’t provide financing, instead it serves as a back-stop to participating lenders approved to [...]
What is a Business Loan Marketplace?
Despite the mental image it may evoke (see above), a business loan marketplace is not a physical location you can visit to pick out a business loan along with your weekly produce. It’s also not just a fancy or creative name for an online loan broker, although there are some similarities. A business loan marketplace [...]
Never Pay an SBA Loan Fee Without This Form
Did you know it’s illegal for a loan broker, loan agent, loan packager, consultant or referral source (aka loan intermediary) to charge you a fee associated with an SBA loan unless it’s disclosed on an SBA Form 159 and is signed and agreed to by you, the loan intermediary and the lender? This is a [...]
The Best Bank Business Term Loan
Banks offer many different types of small business financing, but it is often difficult to locate a bank and financing type that is right for you. One of the best types of small business financing that a bank may offer is known as a business term loan. A business term loan is not so much [...]
The Best Veteran Small Business Loans
According to a recent Small Business Administration (SBA) report, veteran-owned firms represent about 9.1% of all U.S. firms. When you consider that there are over 28 million small businesses in the United States, the number of veteran-owned businesses is staggering. Veterans of the armed services are highly-trained professionals who are conditioned to operate under stressful [...]