Tips for Every Stage of Small Business Ownership

May 15, 2023

Though BayFirst’s government-guaranteed lending division, CreditBench, is most known for being one of the country’s top SBA lenders, the assistance its expert team provides small business extends far beyond financing.

This Small Business Month, we’ve compiled some of our most popular and informative blogs to help small businesses at every stage reach their next goal, all year round.

Getting Started?

What is a Small Business? When you hear the phrase “small business”, what comes to mind? The florist down the road? The coffee shop on the corner? Based on the qualifications established by the Small Business Administration (SBA) these are only the beginning.

Dispelling Eight Myths about SBA Loans. From eligibility requirements to approval times, terms, uses and more, we are here to set the record straight about existing SBA lending myths.

The Basics of Business Acquisition Loans. Tips those looking to become an entrepreneur while avoiding much of the risk associated with starting a completely new business.


Growing?

Plan Ahead for Small Business Financing. Learn what steps you should take now to ensure you’re best positioned to obtain the funding you need when you need it.

Big Ways an SBA 7(a) Loan Can Benefit Your Small Business. We’ve highlighted some ways an SBA 7(a) loan can benefit your business. And some of them may surprise you.

Tips for Small Businesses Seeking Loans in the Face of Inflation. We are here to  help small business owners navigate the economy and increase their chances of getting approved for the funding.


Improving?

For every business owner, there’s no better time than the present to set new goals and identify ways to reach the next level of success.

Getting a Second SBA Loan. Not all business owners are aware that they can have multiple small business loans should their business require it – but there are some qualifications.

Getting Your Small Business Summer Ready. Summer can bring challenges and opportunities for small businesses. Be sure your prepared.

Low-Cost Small Business Marketing Ideas. Easy but impactful ways you can improve how you promote your business to stay top of mind for current customers and attract even more.

When it comes to small business advice, this is just the tip of the iceberg. Have a question or need additional small business-related advice? Our experts are here to help. Call us at 833.220.2792, fill out the form below, or click here to get in touch.