The Four Stages of Learning

The Four Stages of Learning The learning process has often become more difficult than necessary because of the bad feelings people get when they make mistakes in learning. The bad feelings come from judgments like, “not doing it right,” “not good enough,” “can never learn this,” etc. Ironically, not doing it right and making mistakes […]

What THE Heck IS CrowdFunding?

What is Crowd Funding? Crowdfunding allows you to get a lot of money from a lot of people until you reach your funding goal. You post your business pitch to investors online, you spread the word, and people invest in your business if you and your company are compelling. Crowdfunding allows entrepreneurs to get the funding they […]

Should You have Uncle SAM AS A CUSTOMER ?

Government Contracts can make your business very successful! Besides helping you secure loans and lines of credit, having a strong business credit score has many other advantages. One is landing government contracts. According to the U.S. Small Business Administration, the market for selling goods and services to the federal government is worth hundreds of billions […]

The Hidden Business Credit Score

SBA Fico score changes will transform the way business loans are underwritten   Did you know you have a FICO small business credit score that banks use to help make their lending decisions? Not only that, but the SBA also uses the score to pre-screen loans it insures. Like your personal FICO credit score, the […]

Graves Introduces Bill to Modernize SBA Loan Process

The House Small Business Committee issued the following news release:    House Small Business Committee Chairman Sam Graves (R-MO) today introduced legislation that will streamline and simplify the loan application process at theSmall Business Administration (SBA) by requiring the agency to permit the use of e-signature and electronic records. The Small Business Loan Simplification Act of 2014 would statutorily […]

Fee waiver on SBA Express loan program set to expire

SBA Express Loan fee waiver set to expire! The Small Business Administration’s yearlong zero loan fee initiative, which waives borrower fees on SBA-guaranteed loans up to $150,000, will end Sept. 30, the last day of the 2014 federal fiscal year. “With borrowers eligible to save up to $2,250 with the fee waiver, this is a […]

Financial literacy basics for prospective small business owners

What should entrepreneurs be aware of before they decide to devote a considerable amount of time, effort and resources to a small business startup? Here are 10 financial literacy “hot buttons” for new entrepreneurs and prospective small business owners to consider: 1. Know your (and your family’s) tolerance for financial risk. There are no assurances […]

What SBA Offers to Help Small Businesses Grow

What does SBA offer to small business owners? The programs are many and varied, and the qualifications for each are specific. SBA can help facilitate a loan for you with a third party lender, guarantee a bond, or help you find venture capital. Understanding how SBA works is the first step towards receiving assistance. SBA’s […]

SBA Region 4 News To Share

Small Business Administration (SBA) sent this bulletin at 08/22/2014 09:29 AM EDT Having trouble viewing this email? View it as a Web page. August 2014 SBA Region IV News To Share Brought to you by the U.S. Small Business Administration’s Region IV Office Cassius Butts Regional Administrator U.S. Small Business Administration Federal Government Meets Commitment […]

7 Most Common Denial Reasons for SBA Business Loans

SBA LOAS: 7 Most Common Denial Reasons for SBA Business Loans in   In his Book SBA Loan Book author Charles H. Green talked about the The 7 most common denial reasons for SBA loans, I found the information to be very enlightening that I wanted to share it with you.   Identifying the qualifications, […]