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Service Corps of Retired Executives (SCORE) is a non-profit organization of volunteer counselors who provide free mentoring, education programs, workshops, and webinars to small businesses. [2] SCORE is a resource partner of the U.S. Small Business Administration (SBA) who administers a Congressional grant which provides SCORE with funding.
SBA lenders will check both your personal and business credit scores. If you can, improve these numbers by lowering your credit utilization ratio or seeking an alternative to an SBA loan while you ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Some types of SBA loans have a faster approval process, such as SBA microloans or Express loans. ... For example, the SBA will review an application for a Standard 7(a) loan within five to 10 days ...
Applying for a first-time small business loan can provide the capital needed for a business to grow and thrive. It can give you the runway to build or expand your business without tying up large ...
Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...
An employee assistance program in the United States generally offers free and confidential assessments, short-term counseling, referrals, and follow-up services for employees. EAP counselors may also work in a consultative role with managers and supervisors to address employee and organizational challenges and needs.
SBA microloans are government small business loans designed to support businesses commonly pressed out of traditional lending. These loans are known for their small loan sizes, up to $50,000, with ...