Category: Money

Banking, Money

SBA lending increases in fiscal year 2018

The U.S. Small Business Administration Kansas City District Office saw increases in small business lending in the fiscal year that ended Sept. 30. The SBA Kansas City District Office oversaw $363 million in SBA loans for fiscal year 2018, a 10 percent increase in lending over the previous year. (more…)

Finance, Money

Smart Strategies: Keys to small business financing

Financing your business can be an integral part of whether you grow. To many business owners, this can be very intimidating, as it is usually not an area of expertise. In 20-plus years career of putting loans together, I’ve seen many times what a business owner needs to do in preparation for a loan and what kind of lending institutions are there to help. (more…)

Finance, Money

Smart Strategies: 2 key rules of credit card processing

The industry of credit card processing is a necessary evil. As a business owner, you need to be able to accept credit cards as a form of payment for your products. To do this, you do not talk with MasterCard, Visa or Discover. You have to work with a processor, and there is a fee to do this. (more…)