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May 31, 2022

Small Business Loan For an Online Business: A Quick Guide

The process of getting a small business loan for an online business is mostly the same as if you run an in-person operation. If anything, both types of businesses face... Read More
May 25, 2022

Variable vs Fixed Rate Loans – What’s the Difference?

Access to low-cost capital is more important than ever for small business owners. If you’ve been researching ways to fund your business, you may already have a checklist of... Read More
May 24, 2022

How the 2022 interest rate hikes may impact your small business

The Federal Reserve (Fed) has enacted its second rate hike of 2022 and it is predicted that up to six more hikes will happen throughout the year. The Fed is raising... Read More
May 24, 2022

SBA Loan Rates & How They Work

Affordable funding is a great idea for small businesses interested in growing. A Small Business Administration (SBA) loan is one great option with long terms, low rates, and... Read More
May 16, 2022

How to Finance Small Business Growth: 12 Ways to Consider

Most small business owners are always searching for ways to improve their business. However, any and all improvements you make require additional capital. That’s true... Read More
May 09, 2022

Credit Score For Small Business Loan: Requirements and Tips

The process of getting a small business loan can be complicated. There are several requirements you’ll have to meet before lenders can approve you, and these... Read More
May 08, 2022

7 Tips on Getting a First-Time Small Business Loan

The word debt strikes fear into the heart of most consumers and business owners. But all types of debt are not created equal. Taking on debt can help your small business grow. Read More
April 21, 2022

How to Fund Your Small Business: Seven Key Options to Consider

If you need to make a major investment for your business, you shouldn’t be afraid to explore financing options. It’s a good idea to speak with a financial advisor so... Read More
April 20, 2022

Is a Small Business Loan Installment Or Revolving?

As you look at funding options for your small business, you’ll likely see two repayment structures. One structure might require you to repay what you’ve borrowed in... 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.