Working capital is the backbone of your business. It’s the money your company uses to handle daily business activities and operational expenditures. Everything from the money required to run equipment to your employees’ salaries come from your working capital. As such, a lack of working capital ...
The Small Business Administration serves to "aid, counsel, assist, and protect the interests of small business owners." However, banks can be timid about lending to small businesses, which makes obtaining SBA funding for your business a challenge. Applicants don't often know why their SBA loans get ...
Government support programs like the Paycheck Protection Program (PPP), Shuttered Venue Operators Grant (SVOG), and COVID-19 Economic Injury Disaster Loan (EIDL) ended in 2021, but small businesses are still looking for economic relief amid surging costs of borrowing. Many small business owners prefer local financing ...
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