How often do you wonder if the time is right to start your own business? Do you often consider it only to tell yourself, “I just have to wait until…
Well, if you have your ducks in a row, the water is better now than it has been in a long time. Few waves, calm seas, the water is great, jump on in. Here’s why.
Small Business Lending is Up
According to the Biz2Credit Small Business Lending Index, lending has been up for 6 straight months. This means that the time is prime to seek out financing for starting your own company. Big banks are lending more than they have at any time since the Great Recession. Smaller banks are granting nearly half of funding requests, and marketplace lending — thanks to infusions of cash from institutional lenders — is growing by leaps and bounds.
Special Loan Programs
There are numerous loan programs right now that are geared toward providing small business financing for minorities, women, veterans, and people in rural areas. The Small Business Administration and the USDA offer various types of rural business loans and grants, and the SBA guarantees loans to women, minority, and veteran business owners through specified lenders.
Business is Booming
The economy in general seems to be very healthy right now. Businesses are doing better, people are doing better, and more money is being spent. Why not get in on the action? The funds are available. Get your finances in order, get that plan written, and enjoy the good times.
When you are ready to jump in, Biz2Credit has an extensive network of lenders that offer various types of financing. We can help you find the lenders that offer what you are looking for without ever having to leave your house. Check us out and get started today at Biz2Credit.com or call (800) 200-5678.