by J.F. (Jim) Straw, author of Mustard Seeds, Shovels, & Mountains Importing as a small business has long been shrouded in the mysteries of International intrigue. While, in actuality, importing is just about as mysterious as buying from the “Sears” catalog. The fantasies surrounding the import business have been passed down generation after generation. As a […]
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.
Small Business Development Centers (SBDCs) offer extensive support to small businesses and entrepreneurs, providing free consulting, low-cost training, loan assistance, and numerous resources for business growth and competitiveness. With over 700 locations across the U.S. and its territories, SBDCs are accessible and partnered with universities and state agencies, fostering business achievements.