What We’re Reading: Small Businesses Springing Forward
March 28, 2013 2 Comments
Springtime signals new beginnings – and this spring, small businesses are looking to grow like never before. We talked recently about helpful tools and resources to help you expand your small business, but if you’re like the majority of small business owners, you’ll probably need to apply for a loan to properly fund this growth. The good news? Banks are more likely to lend small businesses money than they have been in a long time in order to help them grow. So if you’re looking to expand your business consider these tips to help jump start the loan process for your next project. If you have a great tip for small businesses seeking loans that isn’t included, tweet them to @IPNTeam.
Signs of Springtime Growth in Business
Fox Business: article by Rohit Arora
Spring is a time of growth both literally and figuratively. Just as spring showers coax the dormant bulbs to bloom into flowers, research indicates that the capital needed to spur business growth is flowing better than it has in a long time. […] For would-be entrepreneurs, startup capital is critical. Think of it as the roots of your business. Any type of business, whether it be retail or service based, needs seed money. New franchisees need money to pay the fees, purchase land and buildings, etc. These are things that the franchise companies don’t focus on when they are selling the dream of business ownership.
In This Corner: Loan Tips for Small Business Owners
TheTimes-Tribune.com: article by John Dorneman
Despite what you may hear in the news, banks have the funds and want to make loans to small-business owners looking to grow their business – and today’s low interest rates make this an especially good time to apply. If you are seeking a business loan, here are a few tips to improve the chances of securing your loan and growing your business.