Small Business Expansion: Interest Rates Aren’t What’s Holding You Back
In June, we observed small businesses pulling back on capital expenditures. The latest NFIB Small Business Economic Trends, a monthly national survey of owners, provides additional insight into this slowdown and what it means for small business expansion. NFIB asks...
Embedded Credit Is a Real Option. Know What You’re Trading.
The software you already use to run your business, your point-of-sale system (Toast, Square), your accounting platform (QuickBooks), your payment processor (PayPal, Stripe), may already be offering you embedded credit, financing built directly into the software...
Why Small Businesses Choose A Lender: What The Data Shows
An existing relationship is the single biggest reason small businesses choose a lender, cited by 48% of applicants in Federal Reserve survey data weighted across banks, credit unions, online lenders, finance companies, and CDFIs. Speed of decision and the odds of...
You Do Not Have to Export to Qualify for an SBA International Trade Loan
The International Trade Loan is a variant of the SBA 7(a) loan. It funds facilities and equipment used in the United States to produce goods or services, working capital, and debt refinancing under existing program rules. It carries a 90% SBA guarantee, compared with...