If you are a small business owner, chances are you have heard of the term “exit strategy.” Usually occupied by managing daily operations, entrepreneurs tend to overlook the importance of an exit strategy and postpone planning it. As one of the top small business lenders in Atlanta, we believe that having a harvest goal in mind and developing […]
SBA Forgiving PPP Loans, What You Don’t Know Can Hurt You!
Moving Forward with PPP Loan Forgiveness The Paycheck Protection Program was instituted in early 2020, offering an opportunity for small businesses to receive financial relief after the initial economic injury of the Coronavirus pandemic. The SBA has started accepting loan forgiveness applications, which is great news for businesses looking to move forward. This year has […]
How Can I Start a Small Record Label?
The music scene has changed significantly in the past two decades. Not only does the shift in music taste of younger generations affect the music industry but the rise of streaming services has also created significant changes that require adaptation from artists and record labels. Regardless of the changes, the industry remains exciting and full of opportunities for those who are interested in building […]
Three Traits That All Good Entrepreneurs Share
When it comes to entrepreneurship, there are various factors that contribute to the success of a business. A good business model, marketing strategies, team talents, capital allocation, and more – they all make for critical components to a company’s competitive success. In addition to the mentioned elements, it’s also important to take into account the level of grit and […]
Investment Opportunities for 2020
According to the Census Bureau’s Annual Survey of Entrepreneurs, companies with fewer 500 workers accounted for 99.7 percent of 5.6 million employer companies in the U.S. in 2016. Known as the backbone of America’s economy, 2020 has seen these small businesses being heavily impacted by the effects of the global pandemic. Thanks to many different government initiatives in supporting small businesses, some […]
What Is a Bridge Loan?
Have you ever heard of the term “bridge loan” before? This type of loan is especially popular in the estate industry as it allows home buyers to take out a loan against their own home in order to put a down payment on a new house. But how are bridge loans relevant to small businesses […]
Five Elements of a Good Business Plan
Are you a new entrepreneur who’s eager to launch your business and embark on a new adventure? Or have you been operating your business for years and looking for some strategy changes? Whatever the case might be, you probably have heard about the importance of a business plan and the benefits that come with it. […]
Does Your Business Bring Something New To The Table?
Does Your Atlanta Unique Small Business Need A Loan With Imagination? One thing that has come from the pandemic’s push for businesses to seek more online customers, is the ability for companies to think more outside the box when it comes to products and services. Offerings from restaurants and online stores to entertainment services like […]
3 Signs You Are Ready for an SBA Loan
Are you a business owner who’s feeling the itch of expanding your business? Or are you a new entrepreneur who’s wondering what kinds of capital funding are available to help you grow? Whatever the case might be, you may have heard of the different types of loans that the Small Business Administration (SBA) provides. Want to know if […]
Tips For Getting Your New Small Business Started
Starting a business of your own can seem like a pipe dream. But for those Atlanta entrepreneurs who have the courage, fortitude and creativity, owning their own small business can offer fantastic thrills and challenges. The key is to find your unique business style and build from there. For would-be business owners, the real challenge […]