According to Forbes, in the whole United States, there are about 28 million businesses that are considered small businesses, that have less than 500 employees working for the company. In America small businesses are extremely important because they help the economy develop growth and jobs. Many people who employed are employed by small businesses. Actually, there are about 50 percent of Americans in the country who are employed by small businesses. Small businesses are the foundation of economic growth. It is very important that small businesses continue to be successful by never allowing their numbers in revenue to drop. The harsh reality of it, is that there is a ton of competition out there in the business world and many small businesses are forced to close due to the drop in revenue. It is very important that small businesses utilize programs in order to prevent their business from slowing … Read More
Getting a business loan is no longer the traditional-term process it used to be. In the recent years, key players in the industry have revolutionized the game and now, there are dozens of loan products for borrowers of all types.
Knowing the fantastic loan and where to find it is a crucial step in ensuring the survival of your business. Thankfully, we are here to help.
- Where to find the best working-capital loans: Fundation
Fundation offers working-capital loans for businesses that have been in operation for at least two years, have at least three employees, at least $100,000 annual revenue and good personal credit.
Conventional fixed-rate loans range from $20,000 to $500,000, with interest rates of between 7.99 and 29.99 percent. Online applications can be filled out in 10 minutes, with final approval taking place within 24 hours.
- Where to find the best start-up loans: Accion
Accion offers loans specifically … Read More