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April 24, 2022

How to Manage Business Finances in the Most Efficient Way

Managing a business and making it successful requires more than just a quality product. Good financial sense and planning are often the foundation of long-term success... Read More
April 03, 2022

What is Working Capital? Definition and Key Information

Working capital is the lifeblood of any small business. SmartBiz customers often use SBA 7(a) loan proceeds for working capital to spark growth. Here’s what you need... Read More
April 02, 2022

10 Strategies for Business Owners to Help Save Money

If you've ever looked at methods to cut business expenses, you probably realized that it's harder than it looks. However, there are solid ways business owners can save... Read More
March 01, 2022

1099 Form: 5 Tips to Prevent Common Tax Filing Mistakes

Many dread the tax filing season. It can be tedious, confusing, and may lead to penalties if done incorrectly. It’s even more challenging for business owners who hire... Read More
February 16, 2022

How Small Business Owners Can Deduct a Home Office from Their Taxes

It’s safe to say the ongoing COVID-19 pandemic of 2020 has completely altered how Americans work. Remote work is increasingly becoming the “new normal” as many... Read More
February 13, 2022

Business Credit Check: Where You Can Check For Your Business

If you own a small business, make sure to stay on top of your business credit scores. There’s no shortage of sites online to get your personal credit score but you... Read More
January 30, 2022

Tips for a Small Business Owner Filing Your First Tax Return

If you're a newly established small business owner, chances are that you will be filing your very first tax return. Tax code can be complex. We’ve outlined helpful... Read More
January 28, 2022

High-Low Pricing for Small Businesses

An important element of small business ownership is how to price your products or services. However, it’s not a simple guessing game. Pricing strategies are determined... Read More
January 25, 2022

FICO Liquid Credit Score: Understand Your Credit When Applying For Loans

Most people are familiar with their personal credit score. The FICO score is used in more than 90% of all underwriting decisions in the U.S. It works a bit differently... 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.