Although the tornadoes that hit Alabama and other Southern states and caused 327 deaths (of which 249 happened in Alabama) are long gone, the destruction left in their wake is still present. And now, with warnings of more flooding and the Mississippi river reaching record levels, local residents and businesses are bracing for more destruction. There are 388,853 small businesses in Alabama, many of which felt the impact of the inclement weather deeply. Almost no [...]

Today is the beginning of  “Small Business Week.” Many companies, banks, and agencies are offering special deals for small businesses such as discounts and prizes. The Small Business Administration (SBA) says, “every year since 1963, the President of the United States has proclaimed National Small Business Week to recognize the contributions of small businesses to the economic well-being of America.” Did you know that over half of Americans work in a small business? Indeed, as [...]

Our website has received a makeover this week! It has been tweaked to download faster, be compatible with all web browsers, and be more user-friendly. And since we know that form follows function, our website boasts a new and improved look. It is now more streamlined and stylish, serving as a frame for concise and informative content. As you can see, applying for a cash advance with us is easier than ever. We’ve put a [...]

The old saying “location, location, location” was never truer than in the case of small business. There are different factors that can influence the location of a business, including: Rent & utilities Size & distribution of building Type of business Number of employees Choose a bustling location in a metropolis and pay hefty rental fees for a small space; or rent a space in a suburban or rural area, and score a larger space but [...]

It seems like every time you open a newspaper or news website, all you see is bad news. U.S. stocks are falling, the price of gas is rising steadily, and while the government managed to avert a shutdown, officials are nowhere near reaching an agreement for next year’s budget. Small businesses that have loans with the Small Business Administration are facing a looming shutdown. If it were to happen, all but the vital services would [...]