The Small Business Administration issued a statement on March 10, 2025 that will "will cut $100B in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom."
A business bank account provides structure and access to essential tools that help owners effectively manage operations and ensure long-term success. Maintaining separate accounts reduces accounting errors and simplifies tax reporting, with nearly 60% of small business owners having faced cash flow problems according to QuickBooks, many resorting to personal savings to bridge business expenses. Using personal accounts can also negatively affect personal credit scores.
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Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced $3 million in new funding under the Cybersecurity for Small Businesses Pilot Program. Three grants will be awarded to state agencies to provide training, counseling, and other tailored cybersecurity services for startups and emerging entrepreneurs. “With small businesses accounting for 99.9 percent of all American businesses and employing nearly half of the private workforce, any cyber threat to our small businesses is a threat to our country’s overall economy,” said SBA Administrator Guzman.
Applications will be accepted from July 2-Aug. 2, and applicants can apply for awards ranging from $1,000,000 to $1,045,000 for a performance period of 24 months ending September 2026.
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As businesses strive for sustainable growth, access to capital becomes a critical factor. Whether expanding product lines, entering new markets, or scaling operations, growth initiatives often require significant financial investment. However, pursuing growth at the expense of financial resilience can be detrimental in the long run. The key lies in carefully evaluating and leveraging the right financing options to fuel expansion while maintaining a solid financial foundation.
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Sustainable Growth,
access to capital,
product lines,
entering new markets,
scaling operations,
growth initiatives,
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Further analysis by the Federal Reserve exposes a disparity: women seeking financial assistance are disproportionately less likely to have their loan requests approved compared to their male counterparts. The data is revealing - financial institutions reject 22% of business loan applications overall. However, when examining the gender breakdown, a troubling trend emerges. Female entrepreneurs bear the brunt of this rejection, facing an average refusal rate of 32%, while male entrepreneurs experience a notably lower rate of 19%.
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Women In Business,
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commercial lending,
loan applications,
Creditworthiness,
income stability,
debt-to-income ratio,
financial advisors,
loan specialists,
business loans
Mortgages serve as the financial engine that enables franchisees to secure properties for expansion. Whether it's opening a new location or renovating an existing one, mortgages provide the necessary capital for real estate acquisition. By spreading the financial burden over time, franchisees can focus on nurturing their business while ensuring a strategic physical presence.
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special purpose property loan,
business loans,
small business,
entrepreneurship,
SBA loans
Every franchise is unique, with its own financial requirements and growth trajectory. This is why the availability of various loan options is crucial. Lending institutions that specialize in franchise financing understand the nuances of the industry and can offer tailored solutions that align with the franchise's business plan and financial goals.
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franchises,
franchisees,
franchise lending,
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capital raise campaign,
managing day-to-day operations,
business loans,
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Equipment Financing,
Commercial Real Estate Loans,
Line of Credit
According to a study from Kauffman Foundation, 83% of entrepreneurs face challenges in accessing the capital market when starting their businesses. This has often led entrepreneurs to use their savings or investments from family members to get their ventures up and running.
There's an enhanced interest in SBA-government loans because even though interest rates may be higher, you can amortize it over a longer period, which makes it more affordable because the monthly costs can go down. It's an attractive feature that provides a little more flexibility in underwriting and approving loans because the SBA program is specifically designed to help small businesses. We're a big SBA lender and we're seeing more interest in those types of loans.