4 Small Business Loans for Women-Owned Businesses

4 Small Business Loans for Women-Owned Businesses

Women are redefining the world of entrepreneurship. That’s why many are working hard towards qualifying for SBA loans. The following statistics from the National Association of Women Business Owners can attest to that. 39% of private companies in the United...
Why Do Lenders Need Personal Guarantees for SBA Loans?

Why Do Lenders Need Personal Guarantees for SBA Loans?

There’s a clear distinction between your personal and business assets. Business owners know that it’s wise to keep personal and business finances separate. That’s why they are often surprised when lenders ask for a personal guarantee when applying for SBA loans....
6 Reasons Why Your SBA Loan was Rejected

6 Reasons Why Your SBA Loan was Rejected

Small business owners are no strangers to the challenges of securing a bank loan. Traditional lending companies are hesitant to loan money to small businesses because they think it’s too risky. Considering the importance of small businesses to the economy, the...
6 Tips You Need to Know Before Applying for SBA Loans

6 Tips You Need to Know Before Applying for SBA Loans

Many people dream of owning a successful business. But when it’s time to turn that dream into reality, only a few people follow through. The lack of working capital and cash flow is one of the main reasons why people are hesitant to venture into business. The good...
4 Reasons Why You Should Improve Your Personal Credit Score

4 Reasons Why You Should Improve Your Personal Credit Score

Are you planning on taking out a loan to buy a home, open a credit card, or pay for school sometime in the future? Whether it be for your education, real estate, or a new business start-up, good credit is necessary if you want to borrow money. A positive credit score...