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  • Can’t Get a Loan from a Bank? Here are Alternative Funding Options

    Securing funds to either start or grow business was once every entrepreneur’s worst nightmare. In the past, big banks and credit unions often rejected loan applications, leaving business owners with the only option of borrowing from friends and family or borrowing against receivables. A lot has, of course, changed mainly because business owners today have…

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  • Biz2Credit: Institutional Lenders Bounce Back after April Drop

    Approval at institutional lenders and at big banks ($10 billion+ in assets) increased in May. Meanwhile, credit unions, small banks and alternative lenders recorded a drop in their approval rates. Those were the findings of Biz2Credit, the online resource for small business finance, in their monthly lending index released this month. Biz2Credit Lending Index May 2016…

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  • 10 Sources of SMB Loans for Veteran Entrepreneurs and How to Apply

    As small business owners, veterans play a very important role in driving the U.S. economy. Veteran-owned businesses employ more than six million workers, and generate approximately $1.2 trillion in annual receipts, according to the Small Business Administration (SBA). What’s perhaps most interesting is that the number of veterans pursuing their entrepreneurial dreams is growing at…

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  • How to Check and Repair a Negative Credit Score for Business Loans

    Your credit rating plays an important role when you are trying to secure funds for your small business. It’s therefore always a good idea to check and repair your credit to boost your chances of getting funds. To access information that creditors use to assess your credit, you need to pay a nominal fee. In…

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