Get $10,000 In Economic Injury Disaster Grants
Would an extra $10,000 make it easier to run your business right now? If so, then take a look at the government’s Economic Injury Disaster Loan (EIDL) Advance program. It’s structured as an advance against a loan and functions as a cash grant. To receive the funds, apply at the Small Business Administration’s web site. […]
Making the CARES Act Work for You
The new Coronavirus Aid, Relief, and Economic Security Act (CARES) established stimulus programs to help many different sectors of the US economy. It includes $350 million for small businesses in the form of a loan program known as the Paycheck Protection Program. The big benefit is that the loan will be forgiven if certain criteria […]
How Big Data Can Help You get a Small Business Loan
Non-traditional Ways That Banks Rate Your Creditworthiness If you’re looking to get a small business loan, it’s time to take down those photos of you drinking the tequila worm in Cabo on your Facebook page. As small business lending moves away from traditional institutions such as banks, alternative lenders are looking more and more at […]
Why Can’t Banks Innovate?
Banking Innovation: Startup & Big Bank Synergy Banks run into a bit of a conundrum when it comes to innovating. Essentially, the problem is that the institution of banking has one rule: avoid risk. This is a big hurdle when considering innovation, which is fraught with risk-taking. Innovation can even be a little scary when it […]
