Remove Revenue Remove Sales Remove SBA
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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Most banks will not issue traditional SBA loans to brand new businesses. Moreover, the collateral that you provide is split between the SBA and the bank.

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Just don’t quit your day job before your new company is producing revenue. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.

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Most Startups Get No Professional Investor Cash

Startup Professionals Musings

Just don’t quit your day job before your new company is producing revenue. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches.

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The 10 Best Sources of Cash to Start Your Business

Gust

Just don’t quit your day job before your new company is producing revenue. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.

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9 Steps to Handle Business Loan Rejection

Up and Running

Don’t forget that many of these ratios have similar drivers, such as capital, sales on credit, accounts receivable, inventory, payment patterns, etc. Maybe you have a big promotion to spark new sales or offer a discount for paying on time. You can also ask your bank about SBA-backed borrowing. Explore other financing options.

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Ten Top Funding Sources for Startups

Startup Professionals Musings

Just don’t quit your day job before your new company is producing revenue. If your company needs only a temporary or small infusion of cash, you should try for an SBA loan, or a bank line of credit. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people.