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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
May 26, 2022
At $40,873, West Virginia’s per capita disposable income ranked 49th out of 50 states, based on 2018 data. For many entrepreneurs, particularly in high-end markets, low disposable income is an economic non-starter.
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May 25, 2022
Small Business Administration (SBA) loans are popular due to their favorable terms, long loan periods, large loan amounts, and affordability. Entrepreneurs can use SBA loans for various investments to pursue future growth.
Each year the Small Business Administration (SBA) helps entrepreneurs like you secure the financing they need to start or grow their business.\nStill, every one of the entrepreneurs who received these business loans had to fill...
Many entrepreneurs pursue small business loans to fulfill their additional financing needs. Even profitable businesses often need a cash injection to expand operations, place inventory orders, pay for real estate, or afford monthly payments, to name a...
6 minute read
May 23, 2022
You can keep your business running smoothly and pursue long-term growth opportunities by taking out a small business loan. Depending on the type of loan you apply for, you may need to make a down...
May 18, 2022
Deciding to downsize your business may be the most challenging decision you make for your company. Some people who helped you build your business will lose their jobs, and your company’s growth may stall.
After months or even years of planning, you’re finally ready to introduce your small business to the world. A grand opening event is essential to your launch plan and shouldn’t be an afterthought. This is...
As a small business owner, there may come a day when you decide to transfer ownership of your business. Perhaps you'd like to retire and want to transfer ownership to a family member. Or, maybe...
The Small Business Administration (SBA) provides business owners with various funding options. Although most businesses pursue the 7(a) loan, the SBA’s most popular product, you should also be aware of their other SBA financing options...
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Industry: HVAC
Use of Funds: Acquisition of Competing Business
Funding Amount: $50,000
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Funding Amount: $250,000
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Funding Amount: $1,500,000
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Industry: Merchandising
Use of Funds: Tuck-In Acquisition