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https://www.sba.gov/blog/why-business-line-credit-may-be-smart-choice-your-business… Why a Business Line of Credit May Be a Smart Choice for Your Business January 21, 2020 It’s … compared to other types of financing such as a term loan or merchant cash advance. Once the line of credit is …
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RapiFast
https://www.sba.gov/success-story/rapifast… World War II when she was 9 years old with her family to a new country where they didn’t even know the language but … pivoted to her curiosity about starting over and becoming a successful entrepreneur in the U.S. Today, Sara is the … assisted with her business plan, and provided her a loan as an SBA Microlender. Sara also has received exporting … -
SBA Funding Helped this Seattle Business Transfer Ownership and Continue to Grow
https://www.sba.gov/success-story/sba-funding-helped-seattle-business-transfer-ownership-continue-grow… Transfer Ownership and Continue to Grow Metal Shorts is a Seattle-based distributor of steel, aluminum, and … it happen,” Debbie recalls. In 2010, by utilizing the SBA 7(a) Loan Guaranty program, Debbie was able to become the new … -
SBA’s 2025 Young Entrepreneur of the Year Sabrina MacDowell – Pampered Pup, LLC - Candia
https://www.sba.gov/success-story/sbas-2025-young-entrepreneur-year-sabrina-macdowell-pampered-pup-llc-candia… and the rise in the number of young entrepreneurs is a clear indication that entrepreneurship will remain robust … a state-of-the-art animal care center, utilizing an SBA 7 (a) loan to provide the needed financing. Pampered Pup focuses on … -
Learn How to Prepare for Disasters During National Preparedness Month Webinar
https://www.sba.gov/article/2020/sep/03/learn-how-prepare-disasters-during-national-preparedness-month-webinar… These events are reminders that business owners with a plan to protect their organizations from the financial fallout have a greater chance of sustaining any effects caused by a disaster. September is National Preparedness Month , and … -
READOUT: Administrator Guzman Joins Senator Mark Kelly in Arizona to Promote SBA Efforts to Build a Better America
https://www.sba.gov/article/2022/jan/10/readout-administrator-guzman-joins-senator-mark-kelly-arizona-promote-sba-efforts-build-better… Mark Kelly in Arizona to Promote SBA Efforts to Build a Better America PHOENIX, AZ – Administrator Isabella … Program (PPP) and COVID Economic Injury Disaster Loan program. During that stop, Administrator Guzman met with … at Frances Boutique in Phoenix, AZ. Local First Arizona is a nonprofit organization committed to community and economic … -
Have an Address Change for Your Business? Here’s Who You Need to Inform.
https://www.sba.gov/blog/have-address-change-your-business-heres-who-you-need-inform… Marco Carbajo SBA Blog Contributor Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for Dun and Bradstreet Credibility … accounts and any lender or bank you have a business loan or business credit line with. Business Credit Accounts … -
SBA’s 2024 New Hampshire District Director Award Dancing Lion Chocolate, LLC Manchester
https://www.sba.gov/success-story/sbas-2024-new-hampshire-district-director-award-dancing-lion-chocolate-llc-manchester… Richard Tango-Lowy founded Dancing Lion Chocolate in a rented kitchen in downtown Manchester in 2007, and in 2011 … opened his Elm Street location, which has since become a global destination for fans of some of the world’s finest … thrive. In 2011, Richard acquired a 504 SBA-backed loan from Granite State Economic Corporation (GSDC) and … -
Cold Spot Feeds, SBA's 2016 Small Business of the Year
https://www.sba.gov/success-story/cold-spot-feeds-sbas-2016-small-business-year… waning as the pipeline construction days were coming to a close and she was looking for something she could do from home while raising a family. After lots of thought and research she came up with … during the 1993 season. The business took on its first loan, expanding out of the garage into a real storefront … -
SBA Partner and Minnesota Rural Community Rallies Around Immigrant Business Owner
https://www.sba.gov/success-story/sba-partner-and-minnesota-rural-community-rallies-around-immigrant-business-owner… the Philippines, grew up in the restaurant business. With a bachelor’s degree in accounting and while working in the … selling eggrolls at special events around the area under a tent, Ruby’s community rallied around her and she created … also helped her get an SBA COVID Economic Injury Disaster Loan to help mitigate the impacts of the pandemic. According … -
Brighter Days Expected in 2023 for Veteran-Owned Small Business
https://www.sba.gov/success-story/brighter-days-expected-2023-veteran-owned-small-business… in 2023 for Veteran-Owned Small Business Team CPR is a medical billing and provider resources firm located in West … to have to lay off most of the remaining staff. We were a tight-knit group, and it was one of the most painful things … Protection Program and the COVID Economic Injury Disaster Loan to catch up on bills and strategize about next steps. By … -
New Mexico and Rhode Island Firms Take Top Honors in Federal Contracting
https://www.sba.gov/article/2018/apr/27/new-mexico-rhode-island-firms-take-top-honors-federal-contracting… Firms Take Top Honors in Federal Contracting WASHINGTON – A construction company, Weil Construction, Inc. from … benefitted from the assistance of an SBA-backed loan, SCORE and a Small Business Development Center. Weil … million in subcontracting dollars to small businesses, $51.7 million in subcontracting dollars to small disadvantaged … -
SBA Licenses First Nationwide Impact Investment Fund
https://www.sba.gov/article/2016/oct/06/sba-licenses-first-nationwide-impact-investment-fund… The third fund managed by SJF Ventures will build upon a successful track record of returns and impacts across 34 … impact investment initiative is part of Startup America, a White House initiative to bring together public and private … the flow of private equity capital and long-term loan funds to small businesses. In FY 2011, the SBIC program … -
Blessed and Highly Favored Cuisine
https://www.sba.gov/success-stories/blessed-and-highly-favored-cuisine… first learned about the SBA through his wife Lowanda and a friend who was very familiar with SBA programs and … with employee pay, equipment and marketing costs during a time that it was needed. SBA helped with grants, loans, … -
READOUT: SBA Administrator Isabella Casillas Guzman Visits Nashville, Tennessee to Highlight Economic Recovery of Small Businesses, Speak at International Economic Development Council Annual Conference
https://www.sba.gov/article/2021/oct/06/readout-sba-administrator-isabella-casillas-guzman-visits-nashville-tennessee-highlight-economic… Nashville, Tennessee, this Monday, October 4, as part of a national tour highlighting small … get back to work. "I was thrilled to visit Nashville, a city with a strong entrepreneurial spirit and an outsized … Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) recipients who have used the workspace to expand … -
Family Owned Clinic Grows to Serve Their Community
https://www.sba.gov/success-story/family-owned-clinic-grows-serve-their-community… Clinic Grows to Serve Their Community ACTS Pharmacy is a family-owned, independent pharmacy and clinic based in … husband and wife, ACTS Pharmacy serves their community as a full-service pharmacy coupled with clinical services … Program (PPP) and COVID Economic Injury Disaster Loan (EIDL) program, they kept their employees on board and … -
This National Hispanic Heritage Month Is a Celebration of Diversity and Impact
https://www.sba.gov/blog/2024/2024-08/national-hispanic-heritage-month-celebration-diversity-impact… This National Hispanic Heritage Month Is a Celebration of Diversity and Impact August 26, 2024 Latino … takes capital, and that’s where the SBA comes in. Our loan programs , which provide short- and long-term financing … tool to get matched with an SBA-approved lender for a 7(a) , 504 , or microloan program . Contracting … -
How SBA Fueled Woody’s Trucking’s Growth & Expansion
https://www.sba.gov/success-story/how-sba-fueled-woodys-truckings-growth-expansion… Woody’s Trucking started in Lester Prairie, MN with a handful of trucks, and their primary efforts spent hauling … Wood had their sights set on growing Woody’s Trucking into a model, family-owned enterprise with an unwavering … Trucking moved to Wilmar, MN, which has proven to be a significant milestone for the business. In 2015, Woody’s … -
Hispanic Heritage Month Success Story
https://www.sba.gov/success-story/hispanic-heritage-month-success-story… in the United States Since immigrating from Ecuador as a teenager, Eduardo Crespo has been an entrepreneurial … career started when he founded Latin Hit Parade , a groundbreaking Spanish-language radio program serving … Program and securing an SBA Economic Injury Disaster Loan to keep the business open. In the second quarter of … -
SBA helps veteran business owner pivot from suds to social media
https://www.sba.gov/success-story/sba-helps-veteran-business-owner-pivot-suds-social-media… tools, the Mt. Oliver Borough Fire Department produced a video citing a need for volunteers. Those community connections netted … – saving the department while simultaneously creating a new business for Dennis and his wife, Samantha. Dennis and …