Blog written by Alicia Johnston, MBA, Wells Fargo SBA Northwest or northeast, urban or rural, service business or manufacturing – when it comes to choosing your small business financing, the direction you choose will impact the business’ capacity for growth. Finding and financing a business acquisition can be a seamless process, as long as you... View Article
Our guest blog comes from Michelle Goerdel, President, Biz Loan Link. This is continued from last weeks post on options for financing your company. 6) Angel investors generally use their funds to invest in very early stage companies that are just starting to produce revenue or may not even be at the revenue stage yet.... View Article
For businesses looking to grow in the recovery, cash is still hard to find. Most bankers I talk with say they are open for business and actively looking to lend to businesses. However, the reality is that many businesses – even long standing, established businesses — that need cash for expansion and growth will not... View Article
Our guest blog post comes from Royal Raidle, Senior Business Relationship Manager at Wells Fargo and a participant in our upcoming banking panel at our April 27 Equinox Focus Event. ————————————- Small business owners continue to show growing confidence in the economic recovery. That’s according to the most recent Wells Fargo/Gallup Small Business Index survey conducted... View Article
I am hearing from virtually all clients and colleagues that business is improving, that opportunity is presenting itself, and businesses are jumping on board to capitalize on it. But many businesses still struggle with the “capital” part of capitalizing on these opportunities. Banks of virtually every size and scope consistently say they have money to... View Article
Our guest blogger this week is K. Suzanne Goff Guitierrez, business banker extraordinaire. ———————————— Credit for your Business Several of the key ingredients to obtaining financing for your business are the basics: Credit Score, History of more than two years with Net Positive Income, Positive Net Cash Flow, where Total Assets are more than Total... View Article