Here’s a simple yet practical guide on how to go about preparing to apply for a small business loan. 1. What criteria do banks look for in making small business loans? Different banks or lending institutions may have different standards, but in general, in order to consider your application for a small business loan, banks will [...]
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SBA’s Office of Entrepreneurship Education provides a self-paced training exercise as an overview of crowdfunding (also commonly referred to as ‘crowd financing’ or ‘crowd sourced capital’). The highlighted next steps at the conclusion of the program will help you apply what you have learned and engage you in the process of crowdfunding. http://www.sba.gov/sba-learning-center/training/491091
Small business loan approvals improved to an all-time index high of 16.8% at big banks, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. Lending approvals jumped in April after experiencing a minor setback in March when approval ratings were at 15.7%. More importantly, in a year-to-year [...]