What Can You Use a Working Capital Loan for and What Can’t You?

What Can You Use a Working Capital Loan for and What Can’t You?

If you are in San Diego, small business loans are a practical and essential part of doing business, as they provide financing for expansion, hiring new staff, or just building capacity. There is a veritable laundry list of available loans for small businesses and help from the city of San Diego that your business could…

Does the SBA Have Loan Requirements?

Does the SBA Have Loan Requirements?

The United States Small Business Administration (SBA) is working on overdrive to provide a variety of funding options for small businesses, particularly during the trying times of the COVID-19 pandemic. To counter these negative impacts, the SBA stepped up its loan programs significantly, providing businesses throughout the country with a much-needed financial lifeline. The agency…

How Industry Types Can Affect Small Business Financing

How Industry Types Can Affect Small Business Financing

If your business lived through 2020, you are acutely aware that small business financing is filled with unique challenges that can make it tougher growing to that next level. We previously covered some of these challenges here, but others are directly connected to your industry of choice. In the following article, we will be looking…

A Small Business Owner’s Guide to SBA Funding Programs

A Small Business Owner’s Guide to SBA Funding Programs

The COVID-19 pandemic has been hard for small businesses. Companies have faced unprecedented changes to their business models while operating on reduced revenue. For many, the Small Business Administration (SBA) has been an option for small businesses to find relief. From COVID-specific loans to other SBA funding programs, small businesses can work with lenders to…

Working Capital Loans: Learn How They Can Benefit Your Business

Working Capital Loans: Learn How They Can Benefit Your Business

In order for your business to conduct day-to-day operations, you must have enough cash or capital available for daily expenses and the unexpected needs that come up. Capital is the lifeblood of an organization. Having sufficient capital keeps everything running smoothly, and a lack of capital can be crippling, particularly if you are trying to…