by sbf | May 12, 2020 | Small Business Funding
This country was built on the backs of small businesses. It’s estimated today that there are 30.2 million small businesses in the United States, and that they make up 99.9% of all businesses. (Small businesses are defined as having fewer than 500 employees.) These...
by sbf | May 7, 2020 | Small Business Cash Flow, Small Business Funding, Women in Business, Working Capital
Women are starting businesses at an unprecedented rate. There are over 12.3 million businesses are owned by women, generating sales of $1.7 trillion. In fact, 39% of all privately held firms are women-owned businesses. To put this in perspective, this number was...
by sbf | Apr 24, 2020 | Business Financing, Small Business Funding
As a contractor or construction company owner, you may find slow down during the winter. Come late winter and early spring people in general begin planning for renovations, development of housing communities, rehabbing of commercial properties, deck building, etc....
by sbf | Apr 23, 2020 | Financial Advice, Small Business Funding
You are operating a business in one of the most turbulent times in our country’s history. According to a recent survey, 87% of small business owners stated their business is hurting due to the coronavirus pandemic. Social distancing and State closures or...
by sbf | Apr 7, 2020 | Financial Advice, Small Business Funding
Did you know that approximately 30 million entrepreneurs make up the base of small business owners in the United States and provide 7 out of every 10 jobs in the US. This is according to the SBA Office of Advocacy. In fact, over 99% of US businesses can be classified...
by sbf | Mar 24, 2020 | Alternative Business Financing, Small Business Funding
What is under-capitalization? Under-capitalization is when your business does not have enough capital or funds to perform your normal business operation or pay your bills. You may run a financially successful business, but being under-capitalized means your don’t have...
