In an effort to better compete with China and increase the United State’s ability to produce semiconductor auto chips, the Chips and Science Bill authorizes billions of dollars in U.S. manufacturing, including more than $50 billion for the U.S. semiconductor subsidies.
A phone script from Loan Mantra for small business owners who wish to call their U.S. Senator with concerns regarding upcoming EIDL repayments.
A letter template from Loan Mantra for small business owners to write to U.S. Senators about upcoming EIDL repayment concerns.
You’ve heard about record high investment sales for U.S. based commercial real estate and for cryptocurrencies in the past year. But what does it all mean? Photographer: Sean Pollock | Source: Unsplash With a total of $809 billion in 2021, financial strategists question how the pandemic has influenced the strong surge in U.S. commercial property […]
For small business owners, every penny counts. Budgeting is a critical part of protecting your business’s financial health and establishing short and long-term financial goals. Without a budget or the right tools in place, it’s easy to lose track of what money is going out and coming in, creating cash flow problems, an inability to […]
The economic collapse of 2008 negatively impacted individuals and business owners alike across the country. But while many were drowning in their sorrows, Raj Tulshan saw a silver lining, or rather, a major opportunity. Tulshan recognized the financial landscape had changed and needed efficient and innovative industry leaders to navigate the uncertainty of what was […]
Capital is vital for a small business to start, grow, and keep their business up and running. While small business loans can give you the resources you need to run a successful operation, the process to obtain financing isn’t without obstacles. During the loan application process, it’s essential to do your due diligence and ensure […]
Securing the right financing is a critical part of running a successful business. While access to funding can support operations and influence growth, it can also come at a cost. Like any agreement, reviewing the fine print associated with small business loan applications is essential and should be a top priority. Down the line, you […]
Securing financing for a small business can be a difficult task. Banks reject roughly 80 percent of small business loan applications, leaving applicants searching for other options. While the strict standards put in place by traditional banks and credit unions regarding business owners’ creditworthiness and ability to repay loans are intended to minimize risk, they […]
Good news: On September 7th, 2021, the U.S. Small Business Administration announced the COVID EIDL cap will increase from $500,000 to $2,000,000. Even more, the cap for a single corporation will increase to $10.0 million. Though you can apply for a COVID EIDL loan of more than $500k today, any decisions on funding will occur […]
