Financing

If you’re just beginning your hunt for business financing, you’re likely knee-deep in unfamiliar terms and lending jargon. And it’s enough to make even the most eager entrepreneur feel overwhelmed. Don’t continue your search without reviewing a few of the essential terms you need to know to make an informed decision about financing your business. We’ve broken down eight must-know terms below.

Getting a business up and running normally takes a significant amount of money. Usually, it’s more than an entrepreneur can comfortably afford by themselves. In such cases, the standard course of action is to take out a loan. Banks represent a common way for you to get a small business loan—assuming that you’re approved for one. Bank loans can be convenient in one highly important regard: namely, that they don’t want a stake in your company. A bank isn’t concerned with owning a portion of your business—they just want to know that they’re going to get their money back with interest.

Small businesses, ultimately, are people with goals and values that can't be calculated on a profit-and-loss statement, a nominee for a high-level post in Donald Trump's administration observed during a confirmation hearing. If they could be, it might be considerably easier for them to get the credit they need to add workers, buy inventory or simply stay afloat in the window between product delivery and customer payment. Instead, according to a report by the country's 12 regional Federal Reserve banks published on Tuesday, Aug.

No money, no growth. Without robust small businesses on the South and West sides, joblessness will continue to plague neighborhoods, experts say.

That's the message from a recent report by the U.S. Senate Committee on Small Business & Entrepreneurship, which found that access to capital remains the primary issue affecting growth of minority-owned businesses nationwide. Only 16 percent of small-business loans went to women in 2013, and less than 2 percent of black-owned businesses received loans that year, the report says.

Businessmen often have good ideas and clear image of the turning them into the reality. Unfortunately, like all good things in life, these need solid ground and specifically rather big amount of money. It requires thorough business plan and hours of visits from one potential investor to another amid hopes someone will be interested enough to invest. And there is no guarantee this strategy will work out. After years of the futile attempts, disappointment still has a chance to weigh down the balance.

WASHINGTON – The U.S. Department of Agriculture Farm Service Agency Administrator Val Dolcini on Sept. 2 announced that additional funding will be made available to assist more than 1,900 approved applicants who are awaiting farm operating loans. The funds, which were reprogrammed by FSA with the approval of Congress, will leverage up to $185 million in additional lending for direct and guaranteed farm operation loans and will allow the agency to address up to 30 percent of its projected shortfall of funds until the next federal fiscal year resumes on Oct. 1.