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August 17, 2026

How To Get A Minority Owned Business Certification

If you are a minority business owner, you may want to consider becoming officially certified as a minority-owned business. Corporations, the federal... Read More
August 14, 2026

Cost Of Sales vs COGS: 8 Ways To Differentiate The Terms

Knowing your cost of goods sold (COGS) and the cost of sales is an important part of understanding your balance sheet. Both numbers help determine how... Read More
August 12, 2026

How to Build Momentum Before the Fall Buying Season Begins

For many retailers, fall marks the beginning of one of the most profitable times of the year. Consumer spending often picks back up after summer vacations are in the past.... Read More
August 10, 2026

How to Determine Use of Proceeds with an SBA Loan

With their competitive interest rates, predictable monthly payments, and extended repayment terms, SBA 7(a) loans have long been considered the gold standard when it comes to... Read More
August 05, 2026

Mid-Year Marketing Audit: What’s Actually Driving Results?

A mid-year financial review tells you where the money landed. A mid-year marketing audit reveals how it got there and, just as important, which tactics drove the... Read More
August 03, 2026

10 Best Productivity Hacks Small Businesses Can Leverage Today

Productivity has never been easier. Thanks to a variety of AI tools, you may be able to accomplish more in less time than ever before. However,... Read More
July 29, 2026

Are You Building a Business—or Just Maintaining One?

Running your business requires constant attention. Between sending invoices, managing payroll, launching advertising campaigns, and introducing new... Read More
July 27, 2026

Build and Manage Your Personal Credit Scores

As a small-business owner, you might not think that your personal credit score is important. However, you may need a good personal credit score if you want to secure... Read More
July 24, 2026

How to Respond to Negative Reviews in 11 Effective Steps

Unfortunately, negative reviews might undermine your business reputation. Your online reputation is your strongest asset or biggest liability and should... 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, SmartBiz Bank and 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 may impact your credit score.

The SmartBiz® Small Business Blog and other related communications from SmartBiz BankSM are intended to provide general information on relevant topics for managing small businesses. Be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed. Please consult legal and financial professionals for further information.