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
This week’s guest blog comes from Ron Raport, Columbia Bank. I recently attended the 2012 Seattle SBA’s Annual Gala Awards night. It was a wonderful time to see some small business owners receive well-deserved recognition. The event was well attended and I had the pleasure of seeing many old friends at the dinner. I began my... 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
Our guest blog this week comes from Michelle Goerdel, President, Biz Loan Link. There are a many different ways that companies can finance growth or other changes that companies can turn to when it can’t qualify for bank financing. These differ depending upon the company’s financial history, its current balance sheet and its cash flow.... 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 Lisa Forrest, VP of SBA Lending at Union Bank. Lisa will be participating in our panel discussion on April 27 from the SBA perspective. ———————- While we will be focused on the Banking environment and on some Big Picture views for our Equinox Event on April 27th, I wanted to... 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 Lisa Forrest, VP of SBA Lending at Union Bank. Lisa brings over 22 years of SBA Lending experience and shares recent enhancements to SBA lending programs for small businesses. ————————————– Exciting News for the SBA 504 Loan Program. When President Obama signed into law the Small Business Jobs Bill (HR... 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