Lenders aren’t bending over backwards to help out small businesses right now. So what’s plan B? Familiarizing yourself with proven alternative sources.
It didn’t seem like anyone was listening when Washington asked banks to ramp up their lending to small businesses — until this lending institution stepped up.
If your company took out a Paycheck Protection Program (PPP) loan to get through the pandemic, forgiveness just got easier, thanks to a new SBA portal. The U.S. Small Business Administration (SBA) has launched the new portal for businesses to apply for direct forgiveness of PPP loans. It enables borrowers to bypass SBA’s Form 3508S […]
Last year, financial institutions had to contend with record-low interest rates and a glut of deposits. But that didn’t stop community banks from becoming vital partners to businesses, delivering a blend of personalized service and prudent risk management practices that you might not be able to get from a large national bank. Based on 2021 […]