BorrowingBrit Morse SBA Will Expand a Key Obama-Era Lending Program for Low-Income Business OwnersThe Small Business Administration announced reforms to the agency's Community Advantage loan program, offering a shot at more capital for those in underserved communities.
BorrowingDiana Ransom Biden's Small Business Administration: More Lenders, Easier Terms, Fewer HurdlesThe pandemic presented fissures in the small-business resources and financing continuum. SBA administrator Isabel Guzman shares her plans to fix it.
Covid Resource CenterKimberly Weisul The Result of PPP Confusion: Billions of Dollars Remain UntappedThe second round of stimulus money has lasted longer than anyone suspected it would.
SafeguardsDiana Ransom Why Some Small Businesses Are Rethinking Their PPP LoansAs business owners across the country finally receive Paycheck Protection loans, many are now unsure what they signed up for.
Cash FlowDiana Ransom How the PPP Is Failing America's Small BusinessesWhen the U.S. government authorized the now $669 billion forgivable loan program at the end of March, it was heralded as a lifeline for besieged small businesses. It is not that.
BorrowingJohn E. DiScala A Guide to Applying for Business Credit Cards Right NowBusiness credit cards come with perks that can earn your business travel or cash-back rewards, but keep a few things in mind when applying at this time.
Cash FlowDiana Ransom Changes to Fed Loan Program Give Small Biz a New Shot at FundingThe Federal Reserve on Thursday announced several changes to the Main Street Lending Program, giving small to midsize businesses another path for tapping into emergency funding.
Cash FlowDiana Ransom One Realistic Possibility for What Happens When PPP Runs Out AgainWith 1.7 million small businesses waiting for PPP funding and a Round 2 that's quickly running out, here's what's next.
Cash FlowDiana Ransom Big Companies Landed PPP Loans. And They'll Be Back for MoreBig companies will still be able to access Round 2 of the Paycheck Protection Program. They just have to be more careful.
Cash FlowDiana Ransom What to Expect From the Next Round of PPP LoansThe Paycheck Protection Program is expected to get an infusion of $320 billion in funding this week. While more relief is welcome, the problems that came with the initial rollout are not.
Cash FlowDiana Ransom PPP Funding Ran Out in 14 Days. Round 2 Could Go Even FasterWith thousands of applications at the ready, banks say the approval process for Round 2 should be swift.
Loan Crisis: Next StepsDiana Ransom 4 Risks of the Fed's Main Street Lending ProgramThe new program, aimed at companies with as many as 10,000 employees, comes with some important conditions you need to know before applying.
Cash FlowDiana Ransom What to Know About the Fed's New $2.3 Trillion Loan ProgramsThe government's now focused on helping banks do more to help small businesses.
Cash FlowBrit Morse What You Must Know Before Applying for a PPP Loan With Multiple LendersIf two lenders submit a Paycheck Protection Loan application to the government on your behalf, it may trigger a fraud alert.
Cash FlowDiana Ransom Fed Releases Wells Fargo From PPP Loan CapThe Federal Reserve says Wells Fargo's Paycheck Protection Loans will no longer count against the 2018 asset restrictions it had previously imposed on the bank.
Cash FlowChristopher Rugaber SBA Disaster Relief Loans to Get New Support From Federal ReserveSmall-business lending will get new support in a program to offer banks an incentive to participate. More details expected this week.
PPP: Need to KnowInc. staff Town Hall No. 3: Join Our April 10 Livestream Event on the U.S. Small Business RescueIn this exclusive series of live-stream events, find out the next steps you need to take to get the financial assistance you need now to keep your company in business.
$2T Stimulus OverviewInc. Video Staff57:00 You Can Now Apply for the $350 Billion Paycheck Protection Program. Here's What You Need to KnowInc. and the U.S. Chamber of Commerce hosted this video webinar on Friday April 3 to answer urgent questions about the historic federal relief in the CARES Act.
Cash FlowBrit Morse Applying for Covid-Relief Loans? Here Are 4 Ways to PrepareGetting loans through the U.S. government's Paycheck Protection Program may take more time than originally intended. Here are a few things you can do to help speed up the process.
PPP: Need to KnowBrit Morse What's New in the Paycheck Protection Program This WeekThe Small Business Administration released a 31-page document outlining the latest changes to the Paycheck Protection Program.
PPP: Need to KnowKevin J. Ryan New Details on How to Get Your PPP Loan ForgivenAt least 75 percent of your small-business loan must be used for paying your employees, explained Neil Bradley, the U.S. Chamber of Commerce's executive vice president, in Inc.'s latest National Small Business Town Hall.
Cash FlowDiana Ransom Details Expected Today on Main Street Lending Program for Middle-Market CompaniesThe Federal Reserve could roll out its 'Main Street' midsize business lending program to top banks as soon as today.
Cash FlowBrit Morse 4 Ways to Spot an SBA Loan ScamWith the new $350 billion Paycheck Protection Program for small-business loans, the latest stimulus package is destined to become a target for potential fraudsters.
Cash FlowKevin J. Ryan Covid-19 Relief Loans: Here Are the Fed's New RulesHere's the latest guidance on the Paycheck Protection Program and economic injury disaster loans.
Cash FlowKevin J. Ryan Your Biggest Stimulus Loan Questions, AnsweredInc. readers have questions about the Paycheck Protection Program. Lending expert Ami Kassar has answers.
Cash FlowBrit Morse How Paycheck Protection Loans Are Different Than 7(a) SBA LoansThe $350 billion lending program authorized by the latest stimulus package aims to expand the access and availability of loans to struggling small businesses. And the terms are now very different.
BorrowingBrit Morse Strapped for Cash? 2 SBA Loans You'll Want to Look Into Right NowSBA and emergency injury disaster loans could save your business, if it has been impacted by coronavirus. Here's how to determine which one may be right for you.
BorrowingGuadalupe Gonzalez The Number of Latinx-Run Startups Is Rocketing. Their Funding Is Not. Here's Why That's a Big ProblemUnless we solve the "scaling gap," we're missing out on the opportunity to grow employment and GDP.
BorrowingBrit Morse 8 Common Loan Questions (and Answers) About Disaster AssistanceMoney expert Ami Kassar answers your most pressing questions about SBA loans, including disaster assistance if your small business was impacted by coronavirus.
Cash FlowAmi Kassar Where to Turn for Financial Help for Business Continuity During a CrisisIf you're concerned about the impact of the coronavirus on your small business and cash flow over the next few months, there are several loan options to consider to get through the challenges.
Cash FlowAmi Kassar Why You Should Consider a Small Business Loan Right Now--Even If You Don't Think You Need It YetFor small businesses experiencing losses, you may want to double down on applications to increase the chances of receiving financial relief. For everyone else, consider the SBA loan for some peace of mind.
BorrowingKevin J. Ryan No One Wants to Hear From a Debt Collector. Well, Maybe This OneHow San Francisco-based startup TrueAccord is taking some of the pain out of paying off debt.
BorrowingAmi Kassar Avoid the Temptation of Short-Term Loans and Consider This Before Signing Any AgreementHaving seen too many businesses crash and burn from short-term lending, I want you to know there are other options.
BorrowingJared Hecht Why This 1 Common Issue for Business Loans Isn't Actually a Big DealSmall business owners always want to avoid this, and they shouldn't.
BorrowingLeigh Buchanan What the Big Banks Won't Tell You About Business LoansAn SBA-backed loan could be a great option for your business. But you can't count on big banks to help you, new research shows.
MoneyJoyce M. Rosenberg Women Who Own Businesses Struggle to Get Business LoansOnly 30 percent of companies owned by women were able to get a bank loan in the past three months, compared with half of all owners surveyed.
Personal FinanceDon Peppers Do This 1 Thing to Help Reduce Your Risk of Personal BankruptcyThe best predictor of a future bankruptcy is actually very simple.
PoliticsLeigh Buchanan Mess at SBA Wastes Millions on Staff Early RetirementsA 2014 restructuring spent millions on early-retirement incentives but left the agency lacking the talent to do its job.
PoliticsLeigh Buchanan SBA Chief Nomination Goes to Full Senate for a VotePresident Trump's choice to lead the U.S. Small Business Administration was overwhelmingly approved in committee.
PoliticsLeigh Buchanan Senate Session for Trump's SBA Pick Is a Break From Combative Confirmation HearingsThe former WWE CEO described losing her car and house to bankruptcy as she discussed her first-person experience as a business owner.
The Playbook00:47 Chris Sacca: How Student Loans Hold Back High AchieversChris Sacca, founder of Lowercase Capital, explains why lawmakers are out of touch with one of the biggest debt problems in America.
WireJeremy Quittner Online Lenders' Newest Strategy: Radical TransparencyThree of the online lending industry's biggest companies have formed an association to ensure transparency and standards around pricing and fees.
Founders 40Jeremy Quittner How Alternative Lenders Are Cleaning Up Their ImageLending Club and other online marketplace lenders have formed a new association to ensure transparency in their business practices.
WireJeremy Quittner Jack Dorsey's Bet on Online Lending Could Have a Huge PayoffSquare is entering the small business online lending market as enthusiasm for the sector is waning. But it could be a smart risk anyway.
MoneyJeremy Quittner How to Get a Bank Loan Without All the WaitingSeveral mainstream banks now offer small business loans via a quick online application process, but you need to know what you're getting into before you apply.
TechnologyTess Townsend Startup Lender SoFi Is Playing MatchmakerAfter noticing singles looking for love at its networking events, SoFi is organizing meetups and developing a dating app.
SecurityJeremy Quittner Why Your Data May Not Be Safe With the SBAA report from the General Accountability Office alleges mismanagement at the Small Business Administration, and your data may be on the line.
BorrowingJeremy Quittner 3 Ways to Avoid Getting Burned by Online LendersAs increasing numbers of banks forge partnerships with online lenders, expect more offers for business credit. But you'll need to know how to steer clear of trouble.
The Playbook02:21 Why FUBU Founder Daymond John Was Turned Down for a Loan by 27 BanksDaymond John, founder of FUBU, explains why first-time founders need to explore their options and seek out unconventional financing opportunities.
The Playbook01:17 Why Bankruptcy Shouldn't Be a Free PassThe stars of CNBC's 'West Texas Investors Club', Mike 'Rooster' McConaughey and Wayne 'Butch' Gilliam, explain why entrepreneurs should prioritize paying back their debts.
BorrowingJeremy Quittner 5 Lenders You Ought to Tap First for a Small Business LoanThe latest list of top SBA lenders shows consolidation near the top, as well as some surprises. Here's a look at who's most likely to lend to you.
MoneyJeremy Quittner What to Do When Online Lenders Come KnockingAlternative lenders are proliferating, and they're ramping up their marketing efforts. Before you bite, make sure you know what they're offering you.
Peak Performance01:03 Why You Should Do Everything You Can to Stay out of DebtThe stars of CNBC's West Texas Investors Club say that $1 million doesn't mean a lot in business -- but it does when you owe it.
MoneyJeremy Quittner The Online Lending Industry Is Growing Sharply (and So Are the Gripes)Online lenders aren't feeling too loved by regulators and some borrowers. Here's how they're trying to fix things.
BorrowingJeremy Quittner Why Your Debts May Be Your DownfallCredit card debt may soon reach unsustainable levels, according to a new survey. Here's how you can reduce your debt load.