Top 5 Business Indigenous or Native American Loans and Grants
Obtaining a business loan can be challenging for any small business, especially if you’re from a traditionally underserved group. Approximately 270,000 small businesses in the United States are owned by Indigenous Americans. That’s a relatively small proportion of the nearly…
Best 10+ Resources for Hispanic Small Business Owners
Hispanic business owners are an important part of the U.S. economy, contributing over $800 billion yearly. Nearly one in four new businesses is Hispanic-owned. Yet Hispanic-owned businesses face unique challenges, such as less access to funding and connections compared to…
Important SBA Loan Interest Rate Changes Prospective Small Business Owners Should Know
The SBA has a variety of loan programs for small businesses, offering lower interest rates and flexible terms. But with some recent changes from the SBA, SBA loan interest rates may be rising.
How to Ask Friends and Family to Invest in Your Business
If your small business needs funding, there are multiple options. Many people think first of loans or lines of credit from traditional lenders, such as banks and credit unions. But don’t overlook asking friends and family! Roughly 10 percent of…
Buy a Small Business with Seller Financing
When traditional financing options fall short, seller financing can be a favorable option for both the seller and buyer of an existing business.
Portfolio Loans for Small Business: A Complete Guide
If you need financing for a small business, you need to know your full range of options to make the right decision. Portfolios loans are a lesser-known means of financing but offer considerable benefits if you qualify. What are portfolio loans? They are loans in…
How to Crowdfund a Small Business
If you need a large amount of capital to start your small business, crowdfunding could be the right funding method for you.
Guide to Self-Financing Your Business: Is Bootstrapping Right for You?
If you want to self-finance a small business, this guide is for you. Learn the pros, cons, and all the self-financing options out there.
Equity Financing Guide: Is Equity Financing Right for You?
If you want to start or grow a small business, you often need some kind of financing. There are basically two types of business financing: equity and debt. When using equity financing, you sell part of your business ownership in exchange for investment money (often…