Bank Loans — Small Business Majority Community https://community.smallbusinessmajority.org/ Thu, 29 Apr 2021 05:24:15 +0000 en Bank Loans — Small Business Majority Community What Are the Best Government Small Business Loans? https://community.smallbusinessmajority.org/discussion/53/what-are-the-best-government-small-business-loans Wed, 17 Jul 2019 15:08:19 +0000 Community Digest and Discussion Zachary_SBM 53@/discussions In this week's article, Nav explores the best business financing options for small business owners that are available through the SBA. Have you had any experience with SBA loans or government grants for small business owners? Share your experiences and thoughts on this issue to help other small business owners who might be considering these options!

What Are the Best Government Small Business Loans?

Nav
July 15, 2019
Business financing comes in many forms, but for some small business owners, government small business loans offer the most benefits. These loans are backed by the Small Business Administration (SBA) and issued by approved lenders, like banks and credit unions.

]]> Have you checked out Venturize.org? We want to hear from you. https://community.smallbusinessmajority.org/discussion/19/have-you-checked-out-venturize-org-we-want-to-hear-from-you Thu, 13 Dec 2018 19:32:01 +0000 Financing & Access to Capital Debi_SBM 19@/discussions Venturize.org is an online education and resource hub for small businesses that need help becoming loan ready. It allows you to compare small business funding options, find vetted local lenders as well as information on improving your credit score, putting together a loan package, marketing, networking and more.

The platform is run by Small Business Majority and we want to hear from you. Tell us about your experience, favorite part, and ideas for improvement.

]]> Traditional Bank Loans https://community.smallbusinessmajority.org/discussion/2/traditional-bank-loans Mon, 05 Nov 2018 15:06:53 +0000 Financing & Access to Capital Zachary_SBM 2@/discussions Banks are the largest small business lenders and probably the first place you think about when getting a loan. They offer some of the lowest cost loans, but qualifying can be difficult; about 72% of small business owners who apply get rejected. There is a lot of information out there on how to qualify and receive traditional small business bank loans, but it can be hidden behind confusing marketing and advertising campaigns. There are some great tools available to get the information you need, like Small Business Majority's venturize.org, but sometimes small business owners need to speak with other small business owners who have had success or struggles getting traditional small business bank loans.

Please share your experiences, anecdotes, tips, cautionary tales, and anything else related to traditional small business bank loans. Your words might help other small business owners avoid costly pitfalls while starting and growing their business!

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