Are you looking into outside financing to grow your business? If so, there are several financial ratios used by banks to assess the health of your business. Read on to learn more about Business Debt Coverage.
At SmartBiz Loans, we’re sharing important information you need to know to get SBA loan ready. No longer a mystery, we have identified 7 key metrics lenders consider before granting a small business an SBA loan.
In 2016, there were a record number of data breaches, affecting more than 1,000 companies, which represents a 40 percent increase from 2015. Securing your business accounts and online assets should be a primary focus for business owners.
“This year I’ll lose weight, start exercising and enjoy life more!” Sound familiar? Yep, it’s New Year’s resolutions time! This year, look beyond the personal and make business resolutions that can strengthen your bottom line.
SmartBiz Loans™ is excited to help you get your business SBA loan ready by providing your business with our proprietary Loan Ready Score* when you sign up for our new online educational tool, SmartBiz Advisor at no cost.