New SBA Tool Helps You Find Loans For Your Business

The Small Business Administration’s new Lender Match service helps businesses and real estate seekers connect with potential lenders in an efficient manner. By answering a few questions, applicants are matched with interested lenders within two days, facilitating loan application and discussion. Before engaging, businesses should prepare by having a business plan, understanding their funding needs, credit history, financial projections, collateral, and industry experience. This preparation boosts the chances of successfully securing an SBA-backed loan.

The Future is NOW with Equity Crowdfunding

Crowdfunding is an innovative way to gather funds from many people for ventures like businesses or startups. Equity crowdfunding, a newer form, involves selling company shares to investors worldwide via platforms such as FundersClub.com and Seedrs.com. This process is likened to venture capital but reaches a broader investor base, and requires a clear business description, financial projections, funding goals, and the selection of a suitable platform.