36 Small Business Statistics You Need to Know (2020)
Don’t let the word “small” fool you—there’s a lot more that goes on in the small business world than meets the eye. Despite having a lower number of employees on payroll and fewer customers than the average large business, small businesses hold a significant presence in our economy—especially as it continues to boom. According toRead More
(Updated) US China Tariffs Trade War: Business Owners Prep For Challenges Ahead
This post was most recently updated on October 4 to reflect the latest developments in the ongoing US-China trade war. The United States and China, the two greatest economies in the world, are currently at odds in what China has referred to as “the largest trade war in economic history.” Although the Trump Administration isRead More
How to Access 75+ Lenders With One Small Business Loan Application
Let’s face it: no business owner has hours on end to spend filing one small business loan application after the other— especially with the growth gears in motion and a company to build. Ideally, the business loan process should be as fast, convenient, and simple as possible from start to finish. At the end ofRead More
National Announces New Fast Equipment Financing Program: The eQuickment Financing Product
National Business Capital & Services is thrilled to announce the new eQuickment Financing Product! Like our groundbreaking new Performance Advance program, this new financing product is innovating the way entrepreneurs grow by putting the quick back in equipment financing! This new equipment loan program is helping business owners rapidly grow and scale their businesses withRead More
What’s the Minimum Years in Business for a Startup Business Loan?
You’re ready to get your business off the ground, but you need funding to bring your ideas to fruition. Can you qualify for a startup business loan? Surprisingly, the answer might be no. Many “startup loans” have a minimum time in business requirement, as lenders are often wary to fund younger companies. Having a fewRead More
10 Things to Consider BEFORE Applying for a Bank Business Loan
If you’re thinking about applying for a business loan from a bank, it might be wise to think again. Going to a bank is a natural first instinct after identifying the need for capital to grow your business. According to Finder, almost half (48%) of all business owners seeking capital applied at a large bank.Read More
How to Meet the Evolving Safety Standards in Transportation
Is your trucking company committed to meeting transportation safety standards? With ongoing changes in regulations coming down from the Federal Motor Carrier Safety Administration (FMCSA), compliance is more important than ever. Meeting these new standards doesn’t just keep you from getting in trouble with the law. Fatal crashes involving commercial vehicles increased 6% between 2015Read More
When is the Best Time for Business Owners to Go on Vacation?
For a business owner, vacation time is precious yet precarious. There’s no denying you need a break from the daily grind. But if you leave at the wrong time, even for a few days, you risk missing out on opportunities or losing business to competitors. However, that’s no reason to panic and abandon your travelRead More
Is Alternative Financing Legit? 9 Facts You NEED to Know
By now, it’s out there. Alternative financing is a quick, easy and painless path to financing for business owners in need of capital. But with other more traditional options like bank loans out there, it’s impossible not to ask the question: is alternative financing legit? The answer: a resounding yes! Businesses across the world (includingRead More
Streamline Retail Operations with This APS Software
With business operations streamlined, your company is better suited to make strategic decisions and respond quickly to customers’ needs. But with a technically complex business model and a thousand processes in place, how can you manage it? Maintaining efficient, cost-effective operations keeps you on target to meet your business goals and offers a competitive advantage byRead More