10 Ways to Borrow Money for Your Business Now

10 Ways to Borrow Money for Your Business Now

You may need money for your business, but interest rates are high right now. It’s been reported that small businesses are paying the most for loans in 16 years, with the average rate on a short-term loan at 9.2% Still, you may need money to renovate your facilities, hire additional employees, invest in technology or expand to another location. If you need capital to make your vision a reality and you don’t have cash on hand, borrowing may be your only option. Here are 10 places to look for loans, and the upside and downside of each type of borrowing: 10 […]
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Small Biz Congressional Measures to Watch and What to Do

Small Biz Congressional Measures to Watch and What to Do

There’s tremendous partisanship reported regularly in the media. But in actuality, there’s considerable bipartisan action going on. Small business matters shouldn’t be partisan; issues need to be addressed. Fortunately, the Small Business Committee in the House has taken some steps to help small businesses. The following is a brief overview of current bi-partisan bills on small business matters that have passed the Committee. Be sure to communicate your support or disapproval with your representative in Congress…you can make a difference. Current bills on small business matters 7(a) Loan Agent Oversight Act The SBA’s 7(a) loan program is the most common […]
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