Category: Business Financing

Grants for Minority-Owned Small Businesses

Who is Eligible for Minority Business Grants? Eligibility requirements for minority business owners can vary based on the grant application. The great thing about applying for grants is that they serve a variety of business sectors including nonprofit organizations, for profit, startup businesses, early-stage and beyond. It’s important to always read the terms and conditions to be sure that you qualify for the grant money. Additionally, private grants versus federal grants may differ based on the nature of the minority… Read More

Buying a Small Business: Everything You Need to Know

Do you dream of owning your own business? There’s more than one way to make this dream come true. Some entrepreneurs launch a business from scratch, while others buy an existing business. There are certainly advantages to buying a business that’s already established…but is it the right move for you? Let’s find out. Pros and Cons of Buying an Established Business If the idea of starting a new business isn’t your cup of tea, you might consider becoming the new… Read More

Commercial Bridge Loans

The problem for commercial real estate investors looking for small business loans is that many long-term loan applications take a while to process, and even longer to fund. That time-lapse can mean you don’t get to jump on an opportunity since you don’t have the money to make the purchase. That’s where commercial bridge loans can really shine. They provide the capital you need to buy real estate and can “bridge the gap” until you secure longer-term financing. What is… Read More

What Does Annual Revenue Mean for Your Business?

Business owners would do well to understand the intricacies of their business finances, including cash flow, profit, loss, and revenue. If you’re not fully sure how to measure your company’s revenue, this article will help. What Is Annual Revenue? Your company’s annual revenue, or annual sales, is the total amount of money it earns over a year. You might measure that year as a calendar or fiscal year, depending on how you do your accounting.  Revenue does not take expenses… Read More

Small Business Loans in DC

Small business owners on both sides of the District of Columbia flock to the city because of its warm welcome. With so many resources in both Maryland and Virginia for small businesses, you’re set up for success from the start. How a Small Business Loan Can Help Your DC Business There are a number of lenders offering small business loans in the DC area. These loans can be used as working capital to purchase items for your company, invest in… Read More

Small Business Loans in Wyoming

Entrepreneurs in the state of Wyoming may not be aware that they’ve got some powerful partners and business resources in the Cowboy State. Whether you’re looking for working capital to help grow your business or need someone to bounce ideas off of, there are plenty of resources to help. How a Small Business Loan Can Help Your Wyoming Business Let’s start by looking at small business loans, which can be used to cover any expenses you have for your business.… Read More