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.
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.
The export market is a difficult one to jump into. Businesses looking to launch or expand exporting initiatives often find that banks are reluctant to lend to them on account of the risk involved. Thankfully, the SBA offers three loan programs to help fill this funding gap.
It can be hard to obtain a loan for a CBD business. You’ve likely already discovered this if you have a CBD business, and you’ve tried to secure funding for it. Regardless of the headaches involved, it is possible for you to get a loan for your CBD business. Here, we discuss the types of loans best suited for CBD businesses.
In this post, we’re focusing on two types of investors: venture capitalists and angel investors. We break down the definition of each, explore the differences between the two, and even offer recommendations for how to choose the best option to fit your business’s needs.
Are angel investors mostly just hype? How do you get their attention if you want to work with them? What kinds of businesses are they a good fit for? In this article, we’ll pull these mysterious figures out of the clouds and see what they’re made of.
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!
You’ve probably heard the old cliche: You’ve got to spend money to make money. Businesses are investments, and investments imply an allocation of money. Or do they? We talked to business owners who say they started their companies without any substantial outlay of money to find out how they did it.
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.
eBay Seller Capital is a new seller financing program offering in partnership with LendingPoint. Does your eBay business qualify? Read on for more information about this program for eBay sellers, and see how much money you might be qualified to borrow.
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