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Own A California Business Impacted By Wildfires? Federal Disaster Relief Funds Are Available

In light of the devastating blow wildfires have dealt Northern California in 2020, the SBA is opening up its disaster relief programs for impacted businesses. Businesses within the eight impacted counties are eligible to receive federal funding of up to $2 million, per the SBA’s fact sheet. Should a business receive funds through the SBA, it can use the cash to “repair or replace disaster-damaged property.” Read on for more information.

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Sep 1, 2020 Filed under: Business Loans, News 0
business incubator

When You Should Launch Your Startup With A Small Business Incubator

While the words might sound confusing or even intimidating, a business incubator could potentially be one of the greatest resources to help you launch your startup. While not for everyone, it’s important to understand what a business incubator does and how it can help your startup take off with an abundance of resources, from financing to shared office space.

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Aug 27, 2020 Filed under: Business Loans 0

What Is Venture Capital & How Does It Work?

You’ve undoubtedly heard of venture capital, but you may not be familiar with exactly how it works or whether it could be a good option for your business. Keep reading to learn what venture capital is, what sorts of businesses and entrepreneurs are good candidates for VC funding, and how to go about tapping into this resource!

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Aug 17, 2020 Filed under: Business Loans 0

Is A Debt Covenant A Dealbreaker? What Covenants Are & Why They’re Required For Small Business Loans

When internal capital isn’t enough to cover costs, many small businesses take out loans. Before diving in and taking on debt, it’s helpful to familiarize yourself with some of the more complicated terms and lingo you’ll encounter when searching for small business loans. A debt covenant is one such term you will likely come across. Let’s take an in-depth look at what debt covenants mean for a small business loan, why they’re used, and how to determine if their conditions are a fit for your needs.

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Aug 10, 2020 Filed under: Business Loans 0

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