According to the State of Women-Owned Businesses Report by American Express, there are nearly 13 million women-owned businesses in the US. These businesses employ 9.4 million workers and are responsible for $1.9 trillion in revenue. But is entrepreneurship among women increasing, stagnant, or declining? Where are they thriving? And are they finding startup capital? We […]
5 Interesting Facts About Female Founders Read More »
We understand that running a business can be tough and that additional capital can make a huge difference. Understandably, obtaining a business loan may seem overwhelming, but we’re here to help make the process easier for you. By being prepared and following these simple steps, you’ll be one step closer to achieving your business goals.
How to Apply for and Get a Business Loan in 7 Steps Read More »
There are many different kinds of small business loans, so it’s essential to do your research before beginning the application process. The best place to start is by identifying your specific use for the loan. If your objective for the money isn’t clear, it’s safe to say you have work to do before knocking on
Understanding Different Types Of Small Business Loans Read More »
In the construction industry, managing cash flow can often feel like building a skyscraper on shifting sands. The nature of the work involves significant upfront costs, from materials and equipment to labor and permits, all to be paid long before a project reaches completion and payment is received. Cash flow challenges can put construction companies
Navigating Construction Invoice Factoring: Your Guide to Streamlining Cash Flow Read More »
In general, being an entrepreneur is tough, but many minority entrepreneurs face an even steeper climb on the path to success for a myriad of reasons. They have limited access to startup funding, lack networks and mentorship programs, and face discrimination and systemic biases. Given these hurdles – and the fact that 20% of all new
Best States for Minority Entrepreneurs Read More »
It’s no secret that it’s tough for Main Street business owners to get the financing they need to grow and operate profitable businesses. Most lenders (even non-traditional lenders) look at some of the same business loan requirements—they might just weigh their importance differently. Before you go into the bank, you’ll want to know where you
Minimum Credit Score For A Business Loan Read More »
Are you a small business owner looking for financing options? A business loan broker Lendio Miami might be able to help. In this article, we’ll explain what a business loan broker is, the types of brokers available, and how they can help you find the financing you need to grow your business. What is a
Should I Use a Business Loan Broker Like Lendio Miami? Read More »
Small business loans are one of the most popular ways for entrepreneurs to get the money they need to start a business and keep it running. Yet, despite the importance of accessing capital, some small business owners struggle to qualify for funding. In 2021, just 31% of business applicants received all of the funding they
How Hard Is It to Get a Business Loan in 2024? Read More »
Despite labor and supply chain issues, the U.S. construction market is booming. In fact, analysts predict North American construction output to grow 32%by 2030. Construction business owners can capitalize on these opportunities while navigating challenges by having a smart financing plan in place. Using a line of credit for construction businesses, contractors, and builders creates
Understanding Construction Lines of Credit: A Comprehensive Guide Read More »
Why is it that the minute someone puts on a business suit, everything becomes so serious? “Dave, we need to have a serious talk about the rotten chicken leg in the refrigerator,” or even “Are you seriously watching cat videos instead of making spreadsheets, Rebecca?” There’s a time and place for solemnity in the workplace, but
Study Finds Humor Drives Sales and Causes Spontaneous Sounds of Amusement Read More »
