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In the United States, nearly 1 in 4 new businesses is Hispanic- or Latino-owned. And while they make up almost 10% of all businesses in the country, these businesses also faced the brunt of revenue loss and business closures during the COVID-19 pandemic. Below you’ll find grant and loan programs that are working to increase access to capital for Latino and Hispanic businesses.

Creciendo con TikTok, Small Business Grants for Latinx Business Owners

TikTok, the Hispanic Heritage Foundation and partners have partnered to create a $150,000 grant fund aimed at expanding and elevating 30 sm...

The U.S. Small Business Administration (SBA) has recently made significant changes to their small business loan programs to help level the playing field and boost access to credit for smaller businesses. Read below for more information about those changes and what you can expect.

Changes to SBA’s signature 7(a) and 504 Loan Programs

Small business owners will have more access to funding through the SBA now that the agency is broadening their network of lenders and streamlining lender procedures. To do so, the SBA has developed three Standard Operating Procedures that took effect on A...

With new technologies emerging at a rapid pace, it’s more important than ever for business owners to stay abreast of new strategies and platforms that can help their businesses grow. The Verizon Small Business Digital Ready program, for example, provides free resources, networking and coaching sessions tailored to meet entrepreneurs and their unique needs. 

“You start a business with a dream and then you see how complicated it is,” says Yudy Carrera, CEO and owner of Events by Yudy in New York. As a business owner, Yudy wears many different hats to ensure her catering and event plann...

It all starts with search. You’re searching for your small business on Google to see how easy it is for your customers to find your business. You get organic search results, with paid ads right up top–but you can’t see your business listing or it ranks down below on the search results?

Read on to find out how you can use Google’s tools and resources to promote your small business online and improve your discoverability.

Create a Business Profile

A Business Profile helps you stand out from the competition. You can manage all the information about your business, including your n...

The U.S. Small Business Administration (SBA) is providing additional measures to accommodate COVID Economic Injury Disaster Loan (EIDL) borrowers who are experiencing short-term financial difficulties. The program, known as the Hardship Accommodation Plan, allows eligible borrowers to make reduced loan payments for six months. However, it’s important to note that interest on these loans will continue to accrue, which may increase or create a balloon payment at the end of the loan term.

In addition,

Borrowers must pay at least 10% of their monthly loan payment amount for six mont...

Bookkeeping is an essential process for small businesses. Keeping detailed information about income, expenses and investments can help entrepreneurs understand their finances better, make informed decisions, and effectively manage operations and expectations for the future.

Learn six tips to do start bookkeeping for you small business.

Keep track of all your expenses

As you launch and operate your small business, it can be easy to lose track of the little expenses you’re incurring. This is why it’s important to keep organized receipts for all your business-related expenses, wh...

Whether you are a seasoned business owner or a first-time entrepreneur, it’s never too early to consider approaches to building long-term wealth through your small business. Although there are many tactics to achieving financial security and building wealth, here are some key strategies for small business owners to consider. 

Carve out time to plan with the end goal in mind 

As many entrepreneurs might know, working on your business and not in your business should be the ideal goal. But what exactly does this mean? Small business owners wear ma...

Small business owners know that one of the greatest barriers to success is a lack of access to capital. For Black business owners, this challenge is heightened, with large banks approving just 29% of loans sought by Black-owned small businesses compared to 60% of loans sought by white-owned small businesses. This is why it is critical that Black-owned small businesses are supported in order to build an equitable economy. In honor of Black History Month, we have compiled a list of funding and business assistance opportunities geared toward Black entrepreneurs. 

Boss Impact Fund...

Small businesses are undergoing a major shift in the business landscape, which is prompting them to reassess their future. Getting ready for retirement involves thorough planning, assessing available retirement options, and taking ownership of your finances. A recently passed law, known as Secure 2.0, is providing a number of changes that could help strengthen the retirement system for small businesses and their employees in the United States. 

Here are the major changes that small business owners and their employees can expect from Secure 2.0.

Expands tax credits for starting a...

Tight profit margins and recent workforce shortages have made it a struggle for childcare providers to keep their doors open. This is why access to funding is critical to help childcare providers in Colorado start, maintain and grow their businesses. We have compiled a list of grant opportunities and incentives available to childcare providers in Colorado. 

Colorado Shines Capital Improvement Grants

Accepting grant applications until March 31, 2023 

The Colorado Shines Capital Improvement Grants help childcare programs seeking quality improvement with construction costs. This...