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Small Business Funding Trends You Need to Watch Out For in 2021

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2020 has been a year of disruption for many small business owners across the world. After the whole year of turmoil and change, small business owners are looking again to the future. There are numerous reasons to be optimistic for businesses that have been affected by COVID-19 and are looking to reopening and rebuilding after the pandemic.   The vaccine is finally here, the SBA is currently accepting second round PPP applications, and entrepreneurs are making strategies to return to the pre-COVID era. Businesses that have been successful in saving their existence during this hard and weird time will have more small business financing options in 2021.   To help prepare and harness the benefits of this exciting financial opportunity for your small business, we’re sharing some of the financial statistics and trends you should be mindful of in 2021.   More Lenders will Serve Small Businesses   43% of small and medium-sized businesses applied for a loan in 2020. 14% o...
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5 Ways Equipment Financing Can Help Grow Your Small Business

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From startups to monolithic corporations, every organization needs equipment to run a successful business and take it to the next level. Without getting the latest and greatest tools, you can put a limit on the growth of your business. If you don’t have a sufficient amount of funds or are not getting other types of loans to upgrade old equipment or purchase new equipment,  equipment funding for small business  may be the answer in this situation. There a plethora of  equipment financing companies  or lenders in the USA that offers you loan to buy your desired business equipment. In this blog post, we will discuss the top 5 ways on how small businesses can use equipment financing to fuel growth. Purchase a Variety of Business Equipment Whether you’re a manufacturing company looking to buy machine tools or fabrication equipment, a restaurant that wants to buy commercial oven and freezer, or an accounting company that needs cubicles and chairs, you could use an equipmen...
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