Insights into the world of small business lending and development

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Monday, September 11, 2017 | Access to Capital, Business planning and strategy, Financial tools and management

Business owners who sustained substantial loss from Hurricane Harvey should treat reopening their business like starting up for the first time. Whether the business owner gets funds through the Small Business Administration, a bank loan or their savings, reopening will take planning and capital. Lack of these is the reason behind the majority of small businesses that fail, said Joe Humphreys, University of Houston-Victoria Small Business Development Center executive director. "It's like starting all over again," he said. "They may not have the same employees.

Monday, August 28, 2017 | Access to Capital, Financial tools and management

One of our most engaging tweets last month featured a link to our mission-driven lender locator map.  It’s not a surprise that the resource caught our followers’ eyes, as gaining access to capital is not exactly smooth sailing for most small businesses.

Wednesday, August 16, 2017 | Access to Capital, Financial tools and management

As you navigate business financing, it may be tempting to use your personal finances to help out when your business needs a boost, but that is not always the best solution in the long run. Separating your personal and business finances can help ensure you treat your business like the independent entity it is, while safeguarding your personal finances.

Saturday, August 12, 2017 |

No money, no growth. Without robust small businesses on the South and West sides, joblessness will continue to plague neighborhoods, experts say.

That's the message from a recent report by the U.S. Senate Committee on Small Business & Entrepreneurship, which found that access to capital remains the primary issue affecting growth of minority-owned businesses nationwide. Only 16 percent of small-business loans went to women in 2013, and less than 2 percent of black-owned businesses received loans that year, the report says.