While the SBA has sunsetted its Community Advantage Loan pilot, it has named B:Side as a Community Advantage Small Business License Company (CA-SBLC). With the CA-SBLC license, B:Side can provide small 7(a) loans up to $350,000 in Colorado, Arizona, New Mexico and Utah to small businesses that do not meet conventional credit requirements.
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Wondering what a Lender Service Provider is or how it can help you? A well-run LSP team can help a financial institution to grow its loan portfolio and increase its profitability, while providing much-needed financial support to individuals and businesses in the community.
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When borrowing money, lenders typically ask for your cash flow and debt service statements for your business. While these are closely related financial concepts, they are not the same. Here is the key difference between them:
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Applying for a loan requires careful preparation. Learn some of the key factors that lead to loan approval, helping you increase your chances of securing the funding you need.
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While Congress wrestles with federal budget negotiations, B:Side Capital recognizes the immense responsibility on the shoulders of small business bankers who use the SBA loan programs to ensure the economic well-being of their clients.
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Hispanic Heritage Month provides an opportunity not only to honor these historical events but also to celebrate the ongoing contributions of Hispanic-owned businesses to the nation’s economy.
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Setting up a business bank account is essential to support your business's growth and stability. It's a foundational step toward building a successful and well-managed business.
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Purchasing a business instead of starting your own offers several benefits that can give you a head start and increase your chances of success.
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Get ready to save big this summer! B:Side Capital is covering the $2,500 closing fee that is typically passed along to the borrower.
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Purchasing a business instead of starting your own offers several benefits that can give you a head start and increase your chances of success.
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Get ready to save big this summer! B:Side Capital is covering the $2,500 closing fee that is typically passed along to the borrower.
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As an active Certified Development Company (CDC) in Colorado, Utah, Arizona, and New Mexico, we are on the front lines and can attest to the reality of this statement.
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Welcome back to our series on tips to avoid common closing delays. Here are the next set of tips and issues to be aware of so that you can avoid some of the challenges that can arise during the closing process.
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We're excited to announce that we're now active in all of the Four Corner states and are officially approved as a SBA lender in New Mexico!
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Welcome back to our series on tips to avoid common closing delays. Here are the next set of tips and issues to be aware of so that you can avoid some of the challenges that can arise during the closing process.
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