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April 12, 2021

Small Business Loans for Specialty Trucking Companies

Like any good truck company owner, you’re likely intimately familiar with the direct correlation between economic conditions and the demand for specialty trucking services.... Read More
April 12, 2021

Small Business Loans for Food Trucks

The 2010s were a great decade for food trucks. From 2014 to 2017, the food truck industry’s revenue grew by 300% and surpassed $2 billion. In that same period, food truck... Read More
April 12, 2021

Small Business Loans for Direct Sales

Between 2015 and 2020, the direct sales industry grew an additional 1.5 percent and reached a market size of $66 billion. These figures are just two reasons why now might be... Read More
March 09, 2021

NAICS Codes for Gig Economy Workers: How to Locate, What it Means, Why it’s Important

The North American Industry Classification System (NAICS) are 6-digit codes that classify businesses by the type of activity they are engaged in to facilitate the... Read More
March 05, 2021

Small Business Loans for Liquor Stores

As consumers appetite for craft beers and specialized liquors increases, it’s no surprise that more and more liquor store owners are seeking funding to rebuild during the... Read More
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

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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.