As a small business owner, you are keenly aware of the importance of having a clear sense of financial positioning. Understanding where you are financially helps you shape strategy, priorities, and operations. One of the most essential financial calculations you...
When starting your own business, you need every advantage you can leverage. One powerful set of tools to use when you are creating (or growing) your business is business calculators. With the right business calculators, you can make sense of the many numbers that hit...
In June 2019, the U.S. House of Representatives’ Financial Services Committee approved legislation that could place an undue burden on the nation’s small businesses. The legislation is designed to provide heightened transparency of U.S.-owned companies. However,...
In an interview with Morgan Johns, Benetrends’ Director of SBA and Bank Financing, we learn more about the department, the team’s commitment to the clients and their business success, and the future for SBA lending. As one of the nation’s leading SBA loan...
Loans provided via the U.S. Small Business Administration (SBA) are a great way to start or grow a company and are often used as a supplement to other forms of business financing. Navigating the complexities of applying for an SBA loan calls for specialized knowledge...
Gathering enough cash for a down payment for an SBA Loan can be a challenge. However, there is an innovative way to secure an adequate amount of cash to get approved for a loan. Your 401(k), IRA or other qualified retirement account can be the solution for acquiring...
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