According to the Small Business Administration, companies that can qualify for the 7a SBA loan must meet certain small business size standards. These standards vary greatly by industry, but the general rules of thumb are as follows: Farming businesses must not have revenues exceeding $750,000 Building contractors can have a maximum revenue of $14,000,000 [...]
Posts Tagged ‘Small’
September 14th, 2010
How Important is Financing for a Small Business
Financing for a small business without good credit may seem impossible, but this is critical for any business to grow. Without financing, a business can not meet growing demands or buy equipment and facilities needed to expand. With the financial crisis that is occurring, credit and financing are getting harder to come by using banks [...]
September 14th, 2010
Maximize Your Credit Card Services with Small Business Loans
Since June 15, 2009, the United States Small Business Administration has been processing deferred payment small business loans of as much as $35,000 to be given out to 10,000 small businesses. This is covered by the SBA’s America’s Recovery Capital (ARC) Loan Program. To qualify, companies should be private enterprises that are for-profit. They should [...]
September 4th, 2010
Finding Alternatives to Small Business Loans
In the midst of the global economic crisis, many small businesses are on the brink of closing down if not enough capital infusion is found. It is now even more difficult to get small business loans from banks, though. Ironically, the exact reasons why small businesses need such small business loans – the fact that [...]
August 30th, 2010
Getting Small Business Loans with No Collateral in this Recession
The global financial crisis has made it quite difficult for companies, especially small businesses, to get business loans. Ironically, it is also in this situation that smaller companies often need additional capital infusion to boost income. You may need to get small business loans to acquire a better business location, construct a new building, renovate [...]
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