Category: Small Business
Looking to grow your small business? We provide tips and advice on starting and growing a small business.
Small Business
Small Business
The Role of Alternative Lenders in Small Business Loans
In the late 2000s alternative lenders like Lending Club and OnDeck emerged and began offering loans directly to borrowers online. Touted as “disruptors,” these lenders sought to challenge the current banking system that they deemed to be broken and grant more consumers and small businesses access to credit. On the surface it would seem as though these startups are looking to go head-to-head with the big banks. However the truth...
Small Business
How Equity Crowdfunding Could Change Start-Up
After years of waiting, it looks like the gates to equity crowdfunding (EC) will finally be opened thanks to a recent vote within the Securities and Exchange Commission. Although Title III of the Jump-Start Our Business Start-Ups (JOBS) Act was signed into law over three years ago, the SEC has taken this long to draw up rules that would prove mutually beneficial to businesses and investors. While the agreed upon rules, which...
Small Business
Small Business Loans Made Easy Thanks to New Partnerships
Alternative and online lenders have made it easier than ever for entrepreneurs to secure loans for their businesses. Additionally some of those online lenders are now working with non-profit organizations to further promote the expansion of small business in America. Community development financial institutions (CDFIs), which assist business owners with little to no credit, are getting a big boost by utilizing FinTech platforms. As reported by NerdWallet, in June of...
Small Business
Looking to Expand? Tips for Growing Your Small Business
As challenging as starting a small business can be, often times growing that business can be even harder. A common mistake that entrepreneurs make is trying to expand their company before they have a perfect, scalable business plan. If you’re considering expanding your small business, here are some tips for ensuring your success. Niche, Branding, and Community With the rise of big box stores, more and more Americans are actively...
Small Business
What Small Businesses Should Know About Cyber Security
Cyber attacks have been big news over the past couple years between hacks of websites, retailers, and notable movie studios alike. Still many entrepreneurs might assume that they are running too small of an operation to really be a target of one of these attacks. Unfortunately that's not at all the case. According to a recent Forbes article, 71% of all cyber attacks affect businesses with less than 100 employees. While this...
Small Business
Lending Club Debuts Line of Credit Option for Small Businesses
Thanks to the rise of FinTech companies and online lenders, small business owners have enjoyed more options than ever when it comes to getting a loan. Now one such lender is offering entrepreneurs yet another option. This past week Lending Club expanded their small business lending offerings to include a business line of credit. This new product will give entrepreneurs the ability to cover unexpected expenses and invest in improvements without taking out...
Small Business
