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Bounce Back Loan Scheme: U.K. COVID Loan Fraud Clocked in at 4% – Fraud Friday
June 26, 2024 Delaney SextonContributing Editor Bounce Back Loan Scheme: U.K. COVID Loan Fraud Clocked in at 4% – Fraud Friday Across the pond, Britain’s small businesses also needed a lifeline during the global economic crisis brought on by the COVID-19 pandemic. This came in the form of the Bounce Back Loan scheme. The scheme… The post Bounce Back Loan Scheme: U.K. COVID Loan Fraud Clocked in at 4% – Fraud Friday first appeared on Coleman Report.
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SBA Increases Maximum Loan Amount for CA Lenders and Removes 504 Cap for Green Projects
July 25, 2024 Delaney SextonContributing Editor SBA Increases Maximum Loan Amount for CA Lenders and Removes 504 Cap for Green Projects “Small businesses and homes account for more than one-third of U.S. emissions, so it is vital that they are part of the solution. The SBA’s new Green Lender Initiative aligns private capital with investments in… The post SBA Increases Maximum Loan Amount for CA Lenders and Removes 504 Cap for Green Projects first appeared on Coleman Report.
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SBA 7(a) Approvals by Alabaman Lenders
July 25, 2024 Delaney SextonContributing Editor SBA 7(a) Approvals by Alabaman Lenders For fiscal year 2024, these are the lending statistics by Alabaman lenders as of July 24, 2024: The post SBA 7(a) Approvals by Alabaman Lenders first appeared on Coleman Report.
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Navigating Business Licensing Requirements in Multiple States
A business license is a certificate or permit that a governing entity (like a state or association) requires businesses to have to conduct business. They allow a company to operate in a specific area and signal that the business is safe for the public. Each state has its own set of regulations, fee structures, and … Continue reading "Navigating Business Licensing Requirements in Multiple States" The post Navigating Business Licensing Requirements in Multiple States published first on .
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Planning for Financial Stability in Varying Interest Rate Environments
Interest rates can make the difference between your business growing or declining. When they’re high, they make the cost of borrowing money more expensive. When they’re low, they can stimulate growth by lowering the cost of investing in your business. But interest rates aren’t always predictable, and in varying environments, it can be hard for … Continue reading "Planning for Financial Stability in Varying Interest Rate Environments" The post Planning for Financial Stability in Varying Interest Rate Environments published first on .
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Top Financial Risks Facing Small Businesses and How to Manage Them
Only 50% of small businesses survive five years of business, according to the U.S. Census Bureau. While it may be an intimidating number to face, understanding the risks small businesses face is the first step to crafting a financial strategy that effectively anticipates and manages these threats to your business. The best defense from financial … Continue reading "Top Financial Risks Facing Small Businesses and How to Manage Them" The post Top Financial Risks Facing Small Businesses and How to Manage Them published first on .
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