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British Small Business Grants, Helping small businesses grow, grants for business.#Grants #for

A monthly cash competition for the UK’s brightest small business stars

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About the grant

As the leading advice website in the small business space, SmallBusiness.co.uk receives many requests every month from would-be entrepreneurs and existing company owners asking what financial assistance is available to help them, start, run, grow and succeed.

Whether you are running a cafe, operating a business from home, or perhaps managing a franchise, you will need funds to establish and grow your company. Depending on the type of business, this requirement may vary from a few hundred pounds to multiple thousands.

While some companies may be able to get away with minimal investment in equipment, staff and marketing, others will be faced with significant expenditures that are key to establishing their company.

The Small Business Grants initiative will help small businesses in this area, offering monthly financial assistance to maximise their chance of success.

Every month, one business deemed by our panel of judges to be the most deserving will benefit from a £5,000 financial grant, as well as being featured on SmallBusiness.co.uk as a monthly winner.

We look forward to receiving your applications for this exciting initiative. Good luck!



Canadian Business – Your Source For Business News – Your source for

Canada’s Richest People 2018: The Top 25 Richest Canadians

Our 19th annual guide to the richest people in Canada—how much they’re worth, how they made their fortunes, and the companies that got them there

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10 huge Canadian fortunes that started with one small business

Every billionaire started somewhere. Here are some of the most inspiring stories of Rich 100–ranked entrepreneurs who started at the bottom

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How Equitable Bank reshaped its culture for a future of mobile-first finance

This traditional trust company had to rethink its processes—and its culture—in order to rethink its business for a younger, all-digital clientele

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Canada’s Best Jobs: What you need to study to land a great gig

Want a job with the best pay, the most opportunity and the brightest outlook? Here s how to plan a career in some of the country s hottest industries

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The PROFIT 500: Canada’s Fastest Growing Companies 2017

Meet the winners of Canada’s most prestigious celebration of entrepreneurial achievement

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4 ways volunteering in the community makes your company stronger

Community involvement and volunteerism can create better, happier employees and more effective workplaces. Here’s how

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Canada’s Best Jobs 2017: The Top 25 Jobs in Canada

What makes a job one of Canada’s Best? Healthy demand for talent, a growing workforce, and a generous salary with room to move up

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For the Running Room, the shift to digital retail is a marathon, not a sprint

John Stanton wanted to make exercise less intimidating. Now, customer-friendly stores are the Running Room’s biggest advantage in a digital world

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Chase Offers $150, 000 In Small Business Grants, small business grants for

Chase Offers $150,000 In Small Business Grants

Grow your small business with a grant and marketing guidance from Chase and Google

Small business grants for women

Chase continues its ongoing commitment to to provide $3 million to local small businesses through its Mission Main Street Grants, a program that will award 20 grants of $150,000 to small businesses nationwide this year. Qualifying businesses will gain access to a marketing Toolkit from Google, a program sponsor.

The chosen 20 grant winners will receive a trip to Google for an exclusive small business marketing workshop, a Google Chromebook Laptop computer and a $2,000 coupon toward one market research study with Google Consumer Surveys (Opens Overlay).

Last year Samuel Gilmore was the recipient of a $200,000 Mission Main Street grant. It was 25 years ago that the former Air Force pilot founded Overnight Success Inc., a construction and supply company, in response to the high unemployment rate among African Americans in his hometown of Miami..Launched in 2012, the program has received $3 million from Chase and Google to help 20 small businesses in 2015.

The former flier of B-52 bombers took $17,000 from his savings to jump-start the business. His first projects consisted of simple jobs such as drywall painting and putting up concrete blocks. But his company went on to win contract bids on major construction projects such as the Miami International Airport, American Airlines Arena, and other commercial developments in the Miami area, and in 2013 Overnight Success grossed $1.4 million in revenues last year. “My contracting firm has hired more than 500 people, paying these workers $15 million in payroll,” says Gilmore, the company’s president and CE

Entrepreneurs from across the country applied in 2014 for the chance to win a Mission Main Street grant and a trip to Google headquarters. After completing the five-question application, entrants had to use social media to get at least 250 votes for their business in order to move up to the next round—in which they could be selected as a grant recipient by a panel of judges.

“The Internet has proven to be a vital pipeline for small businesses, and it continues to connect more businesses to their customers every day,” Jon Kaplan, Google s vice president of U.S. sales and operations, said in a statement

Out of nearly 35,000 applicants, Overnight Success made the cut and was selected as one of 12 small businesses to receive a $250,000 grant. Gilmore used the grant money to buy equipment to compete for contracts such as the Miami-Dade Water and Sewer Department’s $4.5 billion expansion project. With additional funds to help provide more employment opportunities in his community, Gilmore says winning the grant has allowed him to reassess the direction of his company and to evaluate the jobs that have benefited it the most.

In the beginning stages of a small business, Gilmore says, it’s easy for companies to get stuck on a treadmill, taking on jobs that may not always be the most beneficial, because of the need for steady cash flow. But with the help of the Mission Main Street Grants program, Overnight Success can now be more selective about the jobs it takes on.

In this year s contest, the grants are smaller but going to more businesses, 20 versus 12. The winners will be announced early in the year.

The Mission Main Street Grant is among the various corporate-sponsored entrepreneurship programs and non-traditional sources of capital that will be discussed at the 2015 Black Enterprise Entrepreneurs Summit (May 13–16 at the Hyatt Regency in Atlanta), which marks its 20th year assisting startup and established entrepreneurs. The summit is a pivotal venue for small business owners to broker deals with key stakeholders, and to participate in sessions that cover topics such as accessing capital, accelerating tech startups, winning corporate and government contracts, and making value-added industry peer connections.



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Business Loans – Apply for a Business Loan Today, loans for business.#Loans

Business Loans

Loans for business

A business loan can help you realize your aspirations for your company. Whatever the size of your business, whether you are just starting or you need a cash injection to expand, you might require the extra support of a loan. However, if you are considering a business loan make sure that it is something your business can afford. It is worth comparing as many different business loan offers as possible to ensure that you get the best deal possible. This loan could be the make or break of your business. Work out all of your costs carefully and make sure you are confident that you will be able to make payments on time. Generally speaking the two main types of business loans are either secured or unsecured. It pays to do your research and shop around because you are more likely to find a better deal than just accepting the first loan that you come across. We provide the details for loan suppliers who offer some of the best interest rates in South Africa.

If you wish to speak to someone: Contact Us

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Whether you are just starting up or are already an established business, a business loan can help you reach your goals.

These types of loans are taken out for people looking for financing for their business. Often getting the right finance is critical to the success of any business.

Business loans can help you realise your current and future aspirations.

Whatever the size or type of your business you can find a wide range of loans that can suit your corporate requirements. There are lenders that specialize in finding both short term and long term financial solutions for business owners, regardless of their personal credit history.

Be prepared to be required to submit a business plan when applying for a loan to provide information to the lenders on the performance and future plans for your business.

What can a Business Loan be used for?

Most business loans are taken are in order to expand a business’s earning potential in some way. Business loans are particularly helpful for companies looking to get started. Business loans give businesses instant access to money allowing companies to expand their potential profitability.

Business loans are used for a range of purposes. It could be that you are looking for new offices or space for your business, you want to purchase business insurance or you need to buy necessary equipment, employ more staff or for promotion for your company.

Finding the right loan for you and your business

Whatever your needs it is important that you choose the right business loan to ensure you get the best deal. Make sure you find the lender that offers the most competitive interest rates and a range of loan terms to suit your requirements. Choose a company that understand your specific needs.

The amount you can borrow will depend on your business and each lender will have its own criteria. The exact amount you can borrow is usually based on the size or type of your business but could also be determined by what you need the money for.

Watch out for any hidden or upfront fees that might be attached to the loan and always read the terms and conditions thoroughly.

Business loans can have many flexible aspects so take your time and compare the different loan offers. Use the table above to compare different lenders.

How to compare business loans quickly and easily

Searching for a loan that is suitable for you can be a challenging task. That is why our comparison grid will come in helpful so you are able to make an informed decision your you and your company. You are quickly able to compare information such as the provider, representative APR, total amount payable, product and terms and conditions.

Remember, every time you are refused an application for a loan it could have an effect on your credit rating. Only apply for a loan you are confident you will be accepted for.



Business Loans Adelaide, Finance Brokers Adelaide, Commercial Loans, loans for starting a

The right business loans allow your business to soar in Adelaide

Business loans are an essential key to making your business flourish in Adelaide. Whether you’re a start up or existing business, the right loan will put you on the road to success. When acquiring and developing a business, help from professional finance brokers is essential. At Coscia Finance we can assist with all facets of your business’s operations. Whether it’s purchasing commercial property, expanding your business or cash-flow funding, we can help you find business loans to facilitate the process in Adelaide.

Our finance brokers make the loan application process simple in Adelaide

The procedure of obtaining a business loan can be quite daunting for business owners unfamiliar with the process. With different lenders offering different loan options, it can become confusing. Rather than taking the steps alone, allow our finance brokers in Adelaide to be with you every step of the way. We equip you with the right information and documentation, making the process much easier. With our help, you will be confident in your business loan choice.

Our finance brokers liaise closely with business owners to ensure they understand their business goals. Often we ask to see a business plan, as well as personal and business financial statements. Information regarding collateral is also sometimes required if the loan is secured.

Once we’re equipped with a business’s relevant information, we help you prepare a business profile. A business profile provides lenders with relevant information about your business, including information regarding the company’s annual sales, a profit and loss statement, details about recent ownership, the type of business, number of employees etc.

Our finance brokers make the loan application process simple in Adelaide

Coscia Finance deals with more than 25 different lenders to find you the best business loan. Currently, secured loans are the most common form of funding, however, specific financing differs from lender to lender. Below we have outlined the most common financing options available.

• Start up financing

• Business growth financing

• Debtor/ inventory financing

• Motor vehicle financing

• Equipment and plant/ tool financing

• Business property financing

If you are starting up a new business, or alternatively want to grow your existing business, talk to our professional finance brokers at Coscia Finance in Adelaide. We are committed to helping your business and securing business loans that put you on the path to success in Adelaide.



8 Great Sources of Financing for Women Starting a Business – Next

8 Great Sources of Financing for Women Starting a Business

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Four years ago, Linda Waitkus quit her job as store manager for a Bloomingdale’s near Washington, D.C., to open Great Dogs of Great Falls, an 1,800-square-foot pet shop with grooming services in Great Falls, Va.

When I stopped by to interview her recently, I was impressed to discover that Waitkus, now 57, made all the right moves for launching a new venture, starting with a rock-solid business plan. But what really impressed me is this: She had saved enough money outside of her retirement accounts to finance the startup.

Great Dogs started turning a profit in its first year, and Waitkus has been able to pay herself a salary. (I contributed to the cause by purchasing some treats and marrowbones for my Lab, Zena, when I popped in.)

Women have been starting businesses like mad in recent years, and at a higher rate than men, according to a report from American Express OPEN Forum. Between 1997 and 2012, the number of women-owned firms increased by 54 percent, a rate 1.5 times the national average.

But starting a business may be even harder for women than for men, as explained in a recent Forbes.com article by Susan Coleman and Alicia Robb. Authors of a new book released by the Kaufmann Foundation, A Rising Tide: Financial Strategies for Women-Owned Firms, Coleman and Robb contend that businesses run by women face hurdles that aren’t encountered by men.

For instance, they report, women seeking first-year financing to get a business off the ground receive about 80 percent less capital than men. This echoes what I’ve heard from female entrepreneurs I know, who’ve told me that finding money to finance their companies was the hardest part of their launches.

With that in mind, here are eight resources women should consider if they want to raise cash for a fledgling business — and two to avoid at all costs:

Personal savings Most startups, like Waitkus’s pet shop, are financed with an entrepreneur’s own money. But as I wrote in my Next Avenue blog post, “When It Comes to Money, the Deck is Stacked Against Women,” women tend to earn less than men, which means they often don’t have a full cupboard to tap.

Loans from banks and credit unions These are the chief sources of financing for women-owned firms. Fortunately, women are no longer more likely to be rejected for these loans than men, according to Coleman and Robb’s research.

If you plan to apply for a bank or credit union loan, I recommend you have a solid business plan, a stellar credit record and an excellent credit score (720 or higher). You might want to try a bank where you’ve been a longtime customer or one that is familiar with your company’s field. For more tips, read the Next Avenue article, “How to Get the Business Loan You Want” by Steve Bloom, a counselor with SCORE, the nonprofit small business adviser affiliated with the U.S. Small Business Administration.

An SBA-guaranteed bank loan can keep your down payment and monthly payments low. To find a bank offering one of these loans, check the Local Resources section of the SBA’s website as well as the site’s loans and grants search tool.

Home equity credit lines or loans Lenders typically let you borrow 75 to 80 percent of your home’s value, minus the amount of money you still owe on the mortgage. With a home-equity line, you receive the money in increments, rather than the lump sum you get with a home equity loan. The interest rate on home equity credit lines is typically lower than on loans, which you receive as a lump sum.

According to Bankrate.com, the average rate for a $30,000 home equity credit line is 4.58 percent; for a $30,000 home equity loan, it’s 5.71 percent. Just be certain that you’ll be able to repay this kind of financing — your house is on the line.

Relatives and friends Family members and pals often lend money interest free or at a low rate of, say, 3.5 percent. Be sure to get legal advice and create a binding contract if you want to finance your business this way. You’ll want to put the loan’s terms in writing to avoid any misunderstanding about repayment dates and interest.

Angel investors and venture capital firms These financing sources provide money in exchange for equity or fractional ownership. However, they’re typically swamped by requests and extremely careful with their money.

Compared with men, only a tiny percentage of women rely on this kind of financing, according to Coleman and Robb. One possible explanation, the authors say, is the difference between the types of firms typically started by each sex. Women-owned firms tend to be less growth-oriented and heavily represented in the retail and service sectors. Equity investors prefer growth-oriented sectors, like technology and bioscience.

Another reason women have often find equity-financing windows shut is that don’t belong to the key networks that provide this financing. Traditionally, the authors note, angel investing and venture capital fields are closely knit, difficult to penetrate and dominated by men.

Crowdfunding websites Financing for the incredibly successful Pebble smartwatch was ramped up via Kickstarter, a crowdfunding website that entrepreneurs use to find people who’ll invest small amounts of money in tech projects or creative endeavors like music or video games. Pebble’s founders hoped to raise $100,000 through Kickstarter; they ended up bringing in more than $10 million.

With Kickstarter, listing your project is free. You simply post a description of the project, including a video, your target dollar amount and a deadline. Then you send a mass e-mail to family, friends and colleagues, asking them to help and also to share your financing invitation with others. When you reach your goal, Kickstarter takes 5 percent, and you pay 3 to 5 percent to Amazon.com’s credit-card service. If you don’t raise the money by the deadline, all pledges are canceled.

Similar crowdfunding sites, like Rock the Post, Indiegogo and AngelList, can also connect you with angel investors.

In the past, small businesses couldn’t sell shares of their company through crowdfunding sites because that violated Securities and Exchange Commission rules. But this spring, Congress passed the JOBS Act, which will allow such equity-based crowdfunding sometime next year, when the SEC’s new rules kick in.

(For more about this law, read NextAvenue small-business blogger Gwen Moran’s post “What the New Crowdfunding Law Means to Small Business Owners.”)

Economic development programs You’ll need to do some legwork for this type of financing, but it could be well worth your time. As Moran blogged in “A Great Way to Give Your Small Business an Edge,” getting your firm certified as a woman-owned business can help you qualify for money that’s only available to companies with that designation. Certification can also help you land government and big-business clients.

Some corporations offer these types of programs. For example, Michelin North America, based in Greenville, S.C., has provided $1 million in low-interest financing — loans range from $10,000 to $100,000 — to certain businesses, including women-owned firms, in parts of South Carolina.

Local economic development agencies, such as Rockville Economic Development in Maryland, also award cash prizes for new, female business owners. Check the SBA’s online directory and contact the office in your area to see if any money is available for women-owned businesses.

Grant programs for women The SBA operates a network of nearly 100 Women’s Business Centers around the country. They provide state, local and private grant information to women eager to start for-profit or nonprofit businesses.

Grants.gov lists information on more than 1,000 federal grant programs; many are specifically for women-owned businesses.

Business.usa.gov is the federal government’s site for entrepreneurs looking for short-term microloans and small business loans. Search this site for info on all programs available to women business owners in your state.

2 Financing Sources to Avoid

And now the two sources of money you don’t want to use:

Credit cards Avoid using plastic at all costs. Most cards carry double-digit interest rates, which is an outlandish price to pay for starting a business. Also, it’s very easy to get yourself into trouble this way, given the financial ups and downs of a new venture.

Retirement savings Trust me, you don’t want to dip into your 401(k) and IRA. Not only will you owe income taxes by taking money out, you’ll lose the tax-deferred compounding and, if you’re younger than 59½, you’ll owe Internal Revenue Service withdrawal penalties. Worst of all, you’ll highjack your future financial security. Please don’t do that. No business is worth it.

Loans for starting a business



How to Shop for a Bank – Small Business, best bank for

How to Shop for a Bank

  • Find out whether your bank can make prompt decisions, or has to check with the home office.
  • Learn whether the bank is comfortable making loans backed by the U.S. Small Business Administration (SBA loans).
  • Look into special services, but be aware of added fees.

Business Loan Opportunities for Military Veterans in 2014, The U, business loans

Business Loan Opportunities for Military Veterans in 2014

The service of veterans has done a tremendous amount for the United States – on our own soil and around the world. Many continue their contributions to the country by channeling their skills and leadership into entrepreneurial endeavors that help strengthen our economy.

And now through the rest of the fiscal year, SBA’s Express Loan Program will make it easier to get loans in the hands of veterans so they can succeed in their business ventures.

Through the end of September, SBA has set the borrower upfront fee to zero for all veteran loans authorized under the SBA Express program, which supports loans of up to $350,000.

Additionally through the end of the fiscal year, fees on all loans (and not just for veterans) $150,000 and under are set to zero.

These initiatives make the loans cheaper for the borrower, which is just another way SBA is looking to serve small business owners – and those veterans who have served us – as they look for ways to access capital.

About the Express Loan Program

One great feature of the Express Loan Program is that it has an accelerated turnaround time for SBA review. You’ll receive a response to your application within 36 hours.

With a fast turnaround, streamlined process and easy-to-use line of credit, this program is SBA’s most popular loan delivery method – nearly 60 percent of all 7(a) loans over the past decade being authorized through the program. Since the program began, it has also been one of the most popular delivery methods for getting capital into the hands of veteran borrowers.

Interested in exploring loan options to get your business started? Check out these loans that fall under Express Program standards. Our business loan checklist can also help prepare you for the application process, in addition to taking a look at the credit factors lenders will consider when you apply for an SBA-backed loan.

In the transition from military service to customer service, you’ll find great resources from SBA to help you find success. And if you’re looking for funding to get your business off the ground, these loan perks may make it possible to do just that.

About the Author:

Business loans for veterans



How to Apply for a Small Business Loan, applying for a business

How to Apply for a Small Business Loan

Whether you re getting ready to start a new business or you re looking to grow an existing one, there may come a time when you will need a small%20business ” href=”http://www.businessnewsdaily.com/90-infographic-us-small-business-facts.html”>small business loan.

The first step is to apply for a loan through a commercial bank, preferably one you already have a relationship with. If you are unable to secure financing that way, you can apply for a loan through the Small Business Administration (SBA). The SBA may be able to assist you in getting a loan from a lender that wouldn t normally loan you money without the SBA s endorsement (details from the SBA). The SBA will not consider loan applications until you can prove that you have exhausted traditional lending options.

Regardless of what route you take, you will be expected to have your ducks in a row before you initiate the loan application process.

Your prospective lender will require comprehensive documentation of your personal and business financial status and a clear understanding of your business%C3%A2%C2%80%C2%99%20goals%20and%20plans ” href=”http://www.businessnewsdaily.com/30-writing-small-business-plans-resources.html”>business €™ goals and plans . It will want to get an idea of who you are as a person.

  • Banks will ask for many documents including:
  • Bank statements
  • Business%20plan ” href=”http://www.businessnewsdaily.com/25-balance-sheet-financial-insights.html”>Business plan
  • Cash%20flow%20projection ” href=”http://www.businessnewsdaily.com/25-balance-sheet-financial-insights.html”>Cash flow projection (a projection of income and expenses)
  • Tax returns and all related financial documents for both the owner and the business
  • Detailed breakdown of existing capital and collateral (including cash, real estate, machinery, vehicles, etc.)

Banks will use all of these documents to determine whether loaning money to your business is a safe bet. There are many factors they will consider, including your business working assets, its debt-to-worth ratio, the rate at which income is received after it is earned, the rate at which debt is paid after becoming due and the rate at which the service or product moves from the business to the customer. For new businesses, banks will be looking for an educated guess on these indicators and documentation to back your estimate up.

Lenders will also consider its working assets and how much of your own money the owner and principals are willing to invest.

Lenders will expect you to contribute your own assets and to undertake personal financial risk to establish the business before asking them to commit to any funding, explains the Small Business Association s web site.

While some commercial banks will allow your business entity to secure and take responsibility for the loan, all SBA loans require personal guarantees from those who own 20 percent or more of the business, plus other individuals who hold key management positions.

Finances aren t the only thing that banks will consider when deciding whether to loan you money. Your personal appearance, attitude and demeanor are all indicators of whether your business will succeed.

Editor s Note: Looking for a small business loan? If you re looking for information to help you choose the one that s right for you, use the questionnaire below to have our sister site, BuyerZone, provide you with information from a variety of vendors for free:

The SBA web site clearly warns prospective borrows that a lender s decision to loan money is a subjective one.

Character is the personal impression you make on the potential lender or investor, states the SBA s web site. It helps them determine whether or not you are sufficiently trustworthy to repay the loan or generate a return on funds invested in your company.

James Jacobs, a retired president of a financial services group in Dallas and a SCORE (Service Corps of Retired Executives) advisor, puts it more succinctly.

Don t go in and apply for a loan in your flip-flops, Jacobs advised. You ve got to act like you re in business even if you re not yet.

A comprehensive business plan will say a lot about who you are and what you chances of success are, Jacobs told BusinessNewsDaily.

He advises making sure your business plan includes an executive summary, a business profile, anticipated sales and a marketing plan. SCORE offers a business plan creation kit on its web site, and there are several business plan software options to guide you through the process.

For more detailed help on applying for a loan, the SBA offers a free course on its web site called, How to Prepare a Loan Package.

  • Finance%20Options%20for%20a%20Business%20Startup ” href=”http://www.businessnewsdaily.com/3-small-business-start-up-finance-options.html”>Finance Options for a Business Startup
  • How%20to%20Write%20a%20Business%20Plan ” href=”http://www.businessnewsdaily.com/30-writing-small-business-plans-resources.html”>How to Write a Business Plan
  • What%20a%20Small%20Business%20Development%20Center? ” href=”http://www.businessnewsdaily.com/18-small-business-development-center-resources.html”>What a Small Business Development Center?

Jeanette has been writing about business for more than 20 years. She has written about every kind of entrepreneur from hardware store owners to fashion designers. Previously she was a manager of internal communications for Home Depot. Her journalism career began in local newspapers. She has a degree in American Studies from Rutgers University. Follow her on Twitter @jeanettebnd.