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 [...]

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 [...]

SmartBiz is a technology driven, small business financing platform that utilizes a streamlined application process and proprietary software to connect borrowers with a curated groups of banks. SmartBiz offers a specific suite of business loan products, and specializes in less than $350,000 SBA 7(a) working capital loans, and less than $50,000 Paycheck Protection Program “PPP” [...]

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 [...]

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 [...]