If you are one of your bank's biggest loans, you are too big for your bank. But you also want to be at a bank where your account matters.
With our business working, it’s tempting to double-down on what we already do well. But do we want to be a one-trick pony?
Can you Imagine what it will be like if consolidation takes the banking industry the way of the airline industry?
From Our Sponsor: Logan Aguirre isn't sure her business would have made it through the pandemic if she hadn't changed the way she runs the company.
But it might bridge the divide between Main Street and Silicon Valley.
It is possible to get an SBA loan for a projection-based startup. But you need a sound business plan, and you have to be prepared to kiss a lot of frogs and for the process to take as long as nine months.
That means capital is more expensive. But it doesn't automatically mean the expenditures you were considering no longer make sense.
He's making a choice between more control and faster growth. What would you do?
Recently, I was asked whom I considered a “titan of industry.” My answer was Bob, the local mechanic at Maple Glen Auto. The interviewer looked at me dumbfounded and asked why.
There are some misconceptions about the SBA’s disaster loans, and those misconceptions can get you in trouble.