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Since 1953, the Small Business Administration (part of the Department of Commerce) has helped entrepreneurs get capital to start and expand their businesses. The SBA doesn't make grants to businesses, but rather provides loan guarantees to encourage participating banks to make loans to small businesses.
Whether it is for the start-up or growth phase, most businesses ultimately need to borrow money. Here are some issues to consider as you approach the borrowing process. Addressing them as you start the borrowing process can increase the chances of getting the loan and make the process much easier.
Learn more about how to avoid a wide variety of cyber threats that have sprung up in the wake of the COVID-19 pandemic, from avoiding e-mails with malicious attachments to phishing scams and bogus charity solicitations. Also get risk management tips for dealing with the spread of coronavirus.
Please join us for a lively conversation about small business banking and SBA loan programs at our Bayside branch on Thursday 2/28/19.
Is your business ready for what might be next? Will it be a surprise opportunity for growth requiring a cash investment or perhaps an emergency? A business savings account lets you prepare your business for whatever might come along, so you can face tomorrow with confidence and peace of mind.
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