In a previous post we discussed some of the items you need to register your small business for government contracting and briefly touched on the System for Award Management (SAM). In this post we are going to provide a little more information on SAM as well as provide you a list of some support resources. (more…)
Monthly Archives: January 2015
7(a) loans are the most basic and most often used of those in the SBA’s business loan program. The purpose of this loan is to help start-up and existing small businesses with financing, guaranteed for a variety of general business purposes. (more…)
Please Note: This series, “Preparing your Business for Deployment,” is focused on our military entrepreneurs who may have to deploy. However, the information and checklists would apply to any business owner who may need to take a sudden leave of absence from their business due to a life changing emergency. It is suggested that all entrepreneurs should have some sort of plan in place in case they need to either sustain or suspend their business in their absence. (more…)
The first part of this series, An Overview of Business Financing, gave you important questions to help you determine your need for financial assistance. We also briefly touched on some of the programs the SBA provides to assist business owners that are seeking financing. However, before you can qualify for SBA’s financial assistance, you should first understand some basic credit factors that apply to all loan requests.