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November 11, 2020

Loss Payee Endorsement: A Detailed Guide

As a small business owner seeking Small Business Administration (SBA) loans, you might encounter some unfamiliar terms during the application process. Among these... Read More
October 07, 2020

First-Time Business Owner Loans: Best Options for New Entrepreneurs

Launching a business is exciting, but it often requires capital. For first-time business owners, finding the right funding can feel overwhelming. Banks generally prefer ... Read More
July 14, 2020

Small Business Working Capital Loans: The Best Options

If you’re in need of working capital to keep your business humming along, a low-cost loan can be a great solution. Here’s what you need to know about how a small... Read More
June 18, 2020

Can I get an SBA 7(a) loan if I already have an Economic Injury Disaster Loan (EIDL)?

Have you received an SBA Economic Injury Disaster Loan (EIDL) to support you through the coronavirus economic downturn? If so, you have additional options to help... Read More
May 13, 2020

Small Business Loans for Law Firms

Banks are often skeptical when a law firm representative starts applies for a small business loan for the firm. That's particularly true with a firm that generates money only... Read More
December 20, 2018

Small Business Loans for Young Entrepreneurs

Even though an MIT study found that the average age of startup founders is around 42, young entrepreneurs are frequently making headlines for launching and running successful... Read More
December 07, 2018

Small Business Loans for Truckers

Truck driving is one of the fastest growing jobs in America as 80% of all cargo is transported across the nation by trucks. According to the U.S. Bureau of Labor... Read More
October 24, 2018

How to Determine Use of Proceeds with an SBA Loan

With their low interest rates, low monthly payments, and longer repayment terms, SBA 7(a) loans have long been considered the gold standard when it comes to small business... Read More
October 09, 2018

Long-Term Business Loans: Best Options for Growth

Considering a long-term loan for your small business? Learn why they can be the best bet for growing your small business, all about the application process, and how... 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.