While the fundamentals of a strong business are important on a credit request, the intangibles are equally as important. Telling your business narrative, professional documentation, and working relationships also play into credit-worthiness.
SBA financing is on pace to grow 40% year over year. Grow your small business with SBA financing if you fit some or all of these four factors.
SBA financing provides lenders with expanded flexibility to meet the unique funding needs of growing businesses.
Many business owners turn to bank financing to keep operating cash flow in the positive. While most owners believe they have access to credit, they should know the types of credit that work best for them and can fulfill their business needs.
This quiz will help you determine the right credit card for your business.
There’s a fine line between business success and business failure. Here are five qualities that most successful businesses have in common.
Learn how to create a company page on Facebook and LinkedIn, as well as how to post and build followership for your business.
Let’s explore nine innovative and data-driven growth hacks that you can adapt to your own situation.
There are several easy steps you can take—even on day one of your business—to get your business credit established and start to see it grow.
You can do your best to avoid stressful situations, but there will be times when you have no choice but to face the music. So, here’s how to learn to deal with stress.
As the economy continues its recovery, some small businesses are beginning to hire for the first time. Consult these 5 first-hire tips to help you hire your first employee.
Going it alone in your business works for many small business owners, but not for others. Is it time to add another employee?
Take your business to new heights with these three business lessons from the popular founder and CEO of Amazon.
Overseas trade shows can introduce you to a whole new world of prospects and customers. Here are five tips to help you close your knowledge gap—and, eventually, the sale.
Partnership buyouts using SBA funding.
Looking to grow rapidly or improve financial success? See why mergers and acquisitions are one of the top three growth strategies that business executives consider.
David Hiller, SunTrust Small Business Banking Executive, sets the record straight on how likely it is for new businesses to acquire bank financing.
SBA Loan types
Whether you’re considering new equipment, upgraded facilities or productivity-enhancing technology, you’ll know you’re on the path to a smart decision when you’ve completed these four tasks.
SunTrust provides advice on determining whether you’re ready to buy your own commercial space.
Four simple steps can improve your chances of getting a loan.
Once small business owners have secured start-up funding and composed a business plan, the next step is building a client base. Getting the first client is critically important, because it proves out the business model and presents growth opportunity.
Having the chance to win a new piece of business is exciting, regardless of the size or age of your business. But how do you make sure the opportunity is a good fit?
What sets successful leaders apart is their ability to push through challenges and see mistakes as learning opportunities. Jodi Bailey Gill, president of marketing consulting firm The Experts Bench, discusses how to make the best of those inevitable letdowns.
SunTrust gives you strategies to prepare your business for a surge in demand.
Mergers and acquisitions can mean major changes for your business, so it’s important to ask four important questions before making a decision.
Using leverage, particularly real estate financing, can help lower a business’s cost of capital and fund growth by rebalancing the capital mix.
Beyond standard offerings such as health insurance and a retirement plan, there are countless ways to set your business apart. Here are four low-cost benefits to help improve employee productivity.
After taking over the business she’d worked in for more than two decades, Diana Herrera is finding new ways to invest in technology—and employees—to build on Associated Photo & Imaging’s track record of quality and innovation.
Learn how to overcome the most common pitfalls currently faced by small business owners and prepare your company for growth.
The breakeven concept is easy to grasp, but reaching it and actually entering profitable territory may be a challenge for many small business owners. And while breakeven is an important milestone, net profit margin is just as significant.
See how private equity transactions create value for owners looking for a long-term exit strategy, to create liquidity and balance the debt mix.
Using SBA Lending
Roughly half of small businesses fail within their first five years, largely due to insufficient capital or too much debt. But with a plan and commitment, your small business can soon take steps toward being debt free. Here’s what you need to know.
New technology and marketing tools like software-as-a-service and cloud-based solutions are enabling small businesses to compete with their larger rivals. This has impacted business planning cycles.
Running a successful business requires more than just processing transactions. It’s built upon connecting with your customers, nurturing the relationship and earning their loyalty.
SBA Lending experience
According to 2017 SunTrust Research conducted with small business across the U.S., two-thirds of business owners feel their businesses are strong.
Determining capital needs.
Time is money and a low financing rate costs less than a high one, especially long-term, so consider all of your options for finding the best rate and most flexible terms.
Understand how SBA lending can be used for partner buyouts.
Acquisitions using SBA funding
Lighting manufacturer focuses on innovation to find opportunities in the marketplace and attract talented, skilled workers.
SBA Loan basics
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