5 Major Mistakes Small Businesses Make When Looking for a Loan
The media is full of stories about how difficult it is for small businesses to get a small business loan from a bank or other financial institutions. These small businesses are typically looking for...
View ArticleSBA Study of Small Business Use of Credit
The SBA recently issued a report on how small businesses use trade credit. The report found that 20% of small businesses don’t use trade credit, 20% only use bank credit, 20% use only trade credit...
View ArticleThe Vicious Cycle in Small Business Lending
There is a vicious cycle going in small business lending. It goes something like this: Small business gets battered by the economy. The business is still profitable but less so than before. The...
View ArticleReducing Small Business Credit Card Payments
Small businesses have been having difficulty getting approved for lines of credit and other types of loans by large national banks. Some of these companies have also lost existing lines of credit as...
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