Business Resources Library

Viewing Category: Business Loans and Financing
What You Need to Know About Small Business Contract Financing

There are tremendous opportunities for small business owners who are interested in obtaining contract work with New York City-based agencies. In order to take advantage of these opportunities, it’s important that the business has adequate capital to fund it. How can you get financing that can help your business bid more competitively and enable contract fulfillment? That’s where the New York City Contract Financing programs come in. This article by Excelsior Growth Fund’s [...]

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Common Lending Terminology to Understand Before Applying for a Loan

Applying for a loan is one of the most important steps that you’ll take as a small business owner. To give yourself the best odds of approval, it’s important to thoroughly prepare for the process. An easy step that’s often overlooked is to become familiar with the terminology that lenders commonly use. Speaking the same language as your lender demonstrates that you understand the process and your responsibilities, increasing your lender’s confidence in you. This can also [...]

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Resources and small business loans for women

Starting and running a new business is exciting and offers an opportunity for creative and financial freedom. Though everyone’s entrepreneurship journey is different, many female business owners face obstacles when seeking the right kind of small business funding and resources for their business. We’re committed to helping women-owned small businesses by providing access to resources, ideas and small business loans for women to position them for success. Below are a few of our top [...]

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What You Need to Know About MWBE Certification for Your Small Business

New York State’s Minority- and Women-Owned Business Enterprise (MWBE) certification program promotes equal economic opportunities and eliminates barriers to minority- and women owned businesses in state contracts. The program has two primary goals: To ensure that minority- and women-owned businesses have increased opportunities to compete for state contracts To provide these businesses with access to financial and other resources that can help them compete more effectively. As a [...]

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Four characteristics that position veterans for business success

Starting and running a small business presents a unique list of challenges that require small business owners to be disciplined and resourceful in order to succeed against larger competitors. Veterans of the U.S. Armed Forces have been an integral part of the small business landscape with almost 50% of World War II veterans owning their own businesses. According to the Small Business Administration (SBA), there are 2.4 million veteran-owned firms throughout the U.S. today. We’ve seen [...]

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