Posts by Katherine Iskin
An update on SBA loans
The Small Business Administration (SBA) is an agency in the US Government that provides loan guaranties to banks that allows them to provide financial help to small businesses. This lets lenders give loans to small businesses that might otherwise be too risky without this additional level of insurance. The most common SBA loan is called…
Read MoreUsing bankruptcy to correct mistakes made by small business owners
No one starts a business with the intention of having it stumble or fail. But mistakes happen – whether by accidental missteps or economic conditions – and not all businesses are profitable. Here are ways that bankruptcy might correct or mitigate mistakes made by small business owners: 1) Reorganizing tax debt One very common misstep…
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