How to Navigate Personal Credit
It can be frustrating to be turned down for a loan due to poor personal credit. How does the system work and what can you do about it? There are three major credit bureaus that report and update a person’s credit history: Experian, Equifax and Transunion. While each agency does this differently, according to Experian, […]
No Two Lenders are Alike: Tips to Finding the Right Banking Partner
It can be overwhelming to navigate the maze of small business finance. And whether or not you are ready for a traditional bank loan or end up being eligible for one of our loan programs, it’s important to establish a relationship from the onset. But if you’re not currently working with a lender, how do […]
Steps to Obtain an SBA 7(a) Loan
If you haven’t already done so, please complete this brief eligibility check to see if you’re a potential fit for one of our loan programs. This will allow us to get a better understanding of your financing needs and to assess if you’re potentially eligible. We will then share basic information about your business with […]
The Basics of a Personal Financial Statement
A personal financial statement is a document that summarizes an individual’s (or married couple’s) current financial position and is usually filled out by the individual or couple. This document includes a breakdown of assets, liabilities, and equity (also known as net worth or wealth). This information can be used as a tool to help individuals […]
Community Resources for Startup and Growing Businesses
For startups that are in the early stages of building their business, it’s essential to have a comprehensive business plan and financial projections in order to receive a loan. Any lender you work with will want to have a well-rounded understanding of your company, your founders, and what you plan on using the funding for so that they are […]
Find a Shoe That Fits: Other Small Business Lenders & Funding Sources
Blog En Español Not quite the right fit for one of our financing options? Keep your head high because there are other community resources that may be able to help. Check out the list below for lenders that may be able to help, depending on the amount you are looking to borrow, geographic region, and […]