Benetrends Blog

Can Women Get SBA Loans to Finance a Franchise Opportunity?

[fa icon="calendar'] Apr 15, 2019 6:42:00 AM / by Benetrends posted in women entrepreneurs, small business funding, sba

[fa icon="comment"] 0 Comments

Women looking to buy a franchise can leverage government-sponsored programs to provide for start-up funding. While these programs can provide some assistance to get a franchise up and running, many female entrepreneurs find they need additional financing options to meet their start-up needs.

Read More [fa icon="long-arrow-right"]

Exploring the State of Small Business Credit

[fa icon="calendar'] May 1, 2018 8:30:00 AM / by Molly Klein posted in Credit scores, small business funding, sba, sba loan rates

[fa icon="comment"] 0 Comments

The most recent analysis by the Federal Reserve of small business credit markets shows signs of slowing revenue and credit gaps, especially among firms with annual revenue of $1 million or less. With the credit market tight, especially among larger lenders, businesses are looking at other options to fuel start-up and expansion work.

Read More [fa icon="long-arrow-right"]

7 Top Small Business Funding Strategies for 2018

[fa icon="calendar'] Feb 27, 2018 12:00:00 AM / by Benetrends posted in ROBS Strategy, small business funding, sba, 401k rollover funding

[fa icon="comment"] 0 Comments

Identifying the right way to finance your small business is an important decision for any entrepreneur. Unless you are sitting on a pile of cash, you will need to go out and secure funds for start-up costs and to keep the business, not to mention your personal life, going until revenue begins to appear.

Read More [fa icon="long-arrow-right"]

Rainmaker Roundup-November 2017: How will changes to the SBA's Standard Operating Procedures affect you in 2018?

[fa icon="calendar'] Nov 27, 2017 3:46:25 PM / by Molly Klein posted in ROBS Strategy, small business funding, sba, benetrends funding, 401k rollover funding

[fa icon="comment"] 0 Comments

How will changes to the SBA's Standard Operating Procedures affect your business in 2018?

Read More [fa icon="long-arrow-right"]

Rainmaker Roundup-September 2017: Couldn’t I just get an SBA loan from my bank?

[fa icon="calendar'] Sep 18, 2017 8:00:00 AM / by Molly Klein posted in ROBS Strategy, small business funding, sba, benetrends funding, 401k rollover funding

[fa icon="comment"] 0 Comments

Tackling Another Common Question: Can’t I just go to a bank?

Read More [fa icon="long-arrow-right"]

SBA Loan Rates on the rise in 2017

[fa icon="calendar'] Apr 7, 2017 8:26:00 AM / by Molly Klein posted in Small Business Loans, sba

[fa icon="comment"] 0 Comments

In the March 2017 issue of Franchising World Magazine, Dallas Kerley, Benetrends Financial Chief Development Officer authored an article titled Issues Impacting Small Business Funding in 2017”.

Read More [fa icon="long-arrow-right"]

SBA Rescinds Rebranding Efforts: 7(a) and 504 Loans Return

[fa icon="calendar'] Mar 9, 2017 6:09:00 PM / by Molly Klein posted in sba

[fa icon="comment"] 0 Comments

Effective immediately, the new SBA Administrator, Linda E. McMahon, has rescinded the November 1, 2016 notice to rebrand its two core business loan programs. The names of the loans have returned to what they were previously:  the "7(a) Loan Program" and the "504 Loan Program." Click here to read the official notice

Read More [fa icon="long-arrow-right"]

Changes Coming To SBA In 2017

[fa icon="calendar'] Dec 21, 2016 5:15:30 PM / by Molly Klein posted in sba

[fa icon="comment"] 0 Comments

Click here to listen to the recent Benetrends podcast that addresses recent changes in the SBA world. The podcast covers the recent SOP changes and their effect on franchisors, borrowers, franchise consultants and business brokers

Read More [fa icon="long-arrow-right"]

Is An SBA Loan The Right Option To Fund Your Business?

[fa icon="calendar'] Jun 13, 2016 12:00:00 AM / by Benetrends posted in Small Business Loans, small business funding, sba

[fa icon="comment"] 0 Comments

 

As you begin your journey to own a small business and finally realize your dreams of entrepreneurship, the effort to secure funding for your start­up may seem daunting. While the thought of finally getting your business up and running is exciting, the time and energy that goes into knowing how to fund your business is enough to leave the most passionate entrepreneur a little shaky.

But, your excitement doesn’t need to wane during this process.

Read More [fa icon="long-arrow-right"]

SBA Annual Lending Cap Increased by Congress - Shutdown Crisis Over

[fa icon="calendar'] Aug 13, 2015 12:00:00 AM / by Benetrends posted in governmental regulations, Small Business Loans, small business funding, sba

[fa icon="comment"] 0 Comments

A big sigh of relief is in order for entrepreneurs now that the SBA Shutdown Crisis of 2015 is over and lending can resume for the SBA’s flagship 7(a) program. As of July 27, 2015, Congress has officially raised the lending cap for the program by $4.75 Billion, to $23.5 Billion. This follows a suspension on July 22 when the SBA announced it reached its 2015 Loan Guarantee Program limit of $18.75 billion two months short of the governments fiscal year end (September 30).

Read More [fa icon="long-arrow-right"]

Subscribe to Email Updates

Recent Posts