Finance explains where small companies get money and what it costs them. Coverage spans bank lending and personal guarantees, overdrafts and credit lines, invoice factoring, equipment leases, grant programs and reinvested profit. Articles compare effective rates rather than headline ones, and state the conditions under which each option is refused.
Finance coverage from Business News 7.
The federal government does not lend the money directly — it guarantees a slice of it, which is why the fine print on rates, fees, and eligibility matters more than the headline number.
Lena Fischer
The 7(a) program's rates and fees are published and calculable — here is the arithmetic owners should run before applying.
Lena Fischer