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February 22, 2022

5 Ways SMBs can use NFTs to build brand awareness

In recent years, blockchain technology has taken the business world by storm. From cryptocurrencies to smart contracts, businesses of all sizes are constantly finding... Read More
February 21, 2022

5 Ways to Keep Your Employees Motivated

Every business needs stellar employees to grow and succeed. The process doesn’t end when they get hired, either. It’s more important to make them stay and earn their... Read More
February 19, 2022

Operations Plan Examples: What You Need To Know

When creating a business plan, it’s important to understand the key types of plans to determine which will most benefit your specific business needs. Some plan types... Read More
February 17, 2022

Small Business Automation in 2022

The COVID-19 pandemic has led to small businesses quickly implementing digital solutions to stay ahead of the curve. The dictionary defines automation as “the... Read More
February 16, 2022

How Small Business Owners Can Deduct a Home Office from Their Taxes

It’s safe to say the ongoing COVID-19 pandemic of 2020 has completely altered how Americans work. Remote work is increasingly becoming the “new normal” as many... Read More
February 13, 2022

Business Credit Check: Where You Can Check For Your Business

If you own a small business, make sure to stay on top of your business credit scores. There’s no shortage of sites online to get your personal credit score but you... Read More
February 10, 2022

A Guide To HIPAA Compliance Training For Employees

HIPAA compliance is essential in the healthcare industry because without it, patient data could become visible to malicious actors. With HIPAA guidelines in place,... Read More
February 09, 2022

Outdoor Dreams Business Story

A repeat SmartBiz customer shared his SBA 7(a) loan application experience online recently: Read More
February 07, 2022

How Can You Build Credit with a Limited Credit History

Business credit, like personal credit, is something you build, protect, and cultivate over time. While banks and other loaning institutions will initially check your... Read More

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1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan

2. Numbers based on internal reporting and metrics

3. Based on FY2020 SBA loans data released by the SBA for SBA 7(a) loans under $350,000

4. This calculator is a tool meant to help you estimate monthly payment amounts based on the information you enter. The monthly payment provided is an estimate meant for illustrative purposes only, loan sizes, interest rates, and loan terms vary and are determined by the applicant's credit profile.