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 [...]

From its website: SmartBiz grew out of the 2008 financial crisis when the banks that were supposedly “too big to fail” were not equipped to provide the funding small businesses needed for growth. This left a funding gap of hundreds of billions of dollars which banks left on the side-lines, hampering small business from investing [...]

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 [...]

Whenever anyone begins looking for financing the starting point is always the same; how to find the lowest rate. The quest is no different when it comes to locating business financing and finding a low rate may matter more, since business loan sizes tend to be larger than personal loan sizes putting more potential savings [...]