
Blogs

When Loyalty Gets in the Way
“Len recognizes that his office manager’s skills are limited, which is why he often finds himself facing cash-flow problems. When this happens, the fear can be crippling.”

Embracing the Uncomfortable: Taking the Next Step in Business Growth
“Many entrepreneurs find themselves trapped. They know what steps they need to take next, but they’re unable to make the decision. I advise taking a deep breath and seeking assistance to make sure you grasp your financials.”

Applying for an SBA Loan Can Be Challenging. That’s Good
Ami Kassar says “Applying for an SBA loan should be hard, but Congress doesn’t seem to understand that: “Congress needs to recognize that there’s already a massive industry that offers financing to any business owner enticed by quick cash and a simple application process.”

My Opportunity to Give Back to EO
“Like a lot of entrepreneurs, I find there are rarely enough hours in the day, but EO helped make me a more complete person. And I want to make time to help others have the same experience.”

Is the SBA Headed Down The Same Path as SVB?
“If we have learned anything from the lessons of SVB in the last few weeks, it’s that outliers in the lending system create all kinds of problems that ripple throughout the economy.”

Do You Have a Healthy Relationship with Your Bank?
“At the end of 2022, the 25 biggest banks in the country held 63 percent of all deposits, but only 28 percent of all small business loans, and 13 percent of all SBA loans.”

Is Now the Time to Focus or to Expand?
“One question worth asking, What could bring your company to its knees? In our case, a rule changes about how SBA brokers work with lenders could cripples us.”