Equipment leasing essentially functions just like a loan, but provides terms not normally available with conventional financing. The leasing company buys and owns the equipment while it is rented to a business.
You started with a dream and from there you formed a business plan, developed products or services, and even found a site for your new business. There’s only one thing left that you need: Money.
The U.S. Small Business Administration is helping lenders provide microloans to assist with financing in the business incorporation process.
The U.S. Small Business Administration says it will be making more than $7 million available to regional development clusters to help create job growth and new small business formation.
Small businesses in Wyoming are showing strong signs of small business formation and growth.
Many entrepreneurs are exploiting a tax law loophole by rolling over their 401(k) retirement accounts to help finance their new small business.
President Barack Obama asked banks to help finance small and starting companies last year as experts predict these companies will drive economic recovery. Now, it seems a number of major financial institutions are stepping up to help business formation by offering funds to SMBs in 2010.