Blog
Should You Get an Unsecured Business Loan for Your Small Business in NY?
As a small business owner in New York, it’s likely that you’ve found yourself needing additional financing to cover startup costs, get more employees, buy additional inventory or cover some other need. Lenders usually offer two main types of funding: secured loans and...
Three Myths About Unsecured Business Loans in Texas:
Unsecured business loans are financial tools directed mostly at entrepreneurs and business owners. By taking out unsecured loans, businesses may secure the funding they are in need of to create a new business from the ground up, buy equipment and supplies, and handle...
DO SBA 7(A) LOANS REQUIRE COLLATERAL?
When you’re looking to take an SBA 7(A) loan, your lender will most likely try to secure the loan if you have enough collateral. For that reason, you should be ready to offer up your personal assets as collateral when trying to obtain an SBA 7(A) loan. If, however,...
NY’s Truth In Lending Act Protects Small Businesses Needing Loans
The vast majority of small business owners have one goal in mind: advancing their business. They do not have the time or headspace to investigate all the different types of financing or to understand what each lender may be offering. That’s where the Small...
Using Small Business Loans To Combat Inflation
The inflation rate in the United States is tremendously high at the moment; a staggering 7.5 percent. Small businesses have been forced to cope with the rising costs of goods and services caused by the pandemic. To counteract the increase in overhead costs, small...
Philadelphia, PA Residents Catapulting Their Small Businesses With Loans
Small businesses in Pennsylvania are always in need of an influx of spendable cash to grow and expand. And with up to a million small businesses in Pennsylvania, making up to up 98.2% of the state's employers, it is clear to see how vital, small businesses are to the...
