FEATURE
You’re probably familiar with Small Business Administration loans. SBA loans, as they are commonly called, are partially backed by the federal government.
But there are other resources the SBA offers, some of which aren’t well known, which can benefit your company. We’re going to discuss just a few today.
THRIVE
https://www.sbathrive.com/
Assistance for small businesses with procuring federal contracts
https://www.sba.gov/federal-contracting
America’s Seed Fund
https://beta.www.sbir.gov/
SBA Business Guide
https://www.sba.gov/business-guide
SBA Events
https://www.sba.gov/events
2023 Small Business Resource Guide
https://www.sba.gov/sites/sbagov/files/2023-06/2023%20Small%20Business%20Resource%20Guide_508c_Final.pdf
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NEWS ROUNDUP
1 - Small business owners are less optimistic about this year’s Christmas shopping season than they’ve been in the past.
https://www.surveymonkey.com/curiosity/cnbcsurveymonkey-small-business-index-q4-2023/
2 - The US House of Representatives voted last week to overturn a rule by the Consumer Financial Protection Bureau requiring banks to collect small business owners’ demographic information when they seek a loan.
https://www.washingtonexaminer.com/policy/economy/house-votes-end-biden-small-business-loan-rule-veto
3 - According to the Federal Reserve’s most recent quarterly survey of senior loan officers, lending standards applied to small businesses have tightened significantly since last year.
https://apnews.com/article/small-business-loans-funding-banks-91c55c514347301f26d46f591f6c32ad
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This podcast is sponsored by SBS Accounting & Advisors. Use the promo code FLASH and get 20% off your set up fee! https://sbsaccountants.com/.
👀 Watch on YouTube: https://www.youtube.com/channel/UCmFHZqDGRbOHXjhpicWuqhg.
📧 Do you want to grow your business? I help small business owners succeed with strategy, marketing, and operations. Email me today at adam@smallbizflash.com and let’s grow your business together!
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