Category Archives: bank-statement-loan

Get a Bank Statement Loan for your Businesses today.

Niche bank statement loan program. No need to try to provide major Collateral or high credit score. Get a bank statement loan today based on what your company already has – Sales! If your company has sales, it can be approved within 24 hours. Credit scores as low as 500 and lower.

Click on the “Contact Us” link above, complete the Mini “Contact Us” app or call us now Toll Free at: 855-787-1113 or Tel: 919-771-4177 and an experienced professional will discuss your businesses sales and cash flow and will quickly assist you in determining how much of a bank statement loan your business qualifies for.

Business owners ask:
Our company has excellent cash flow and has shown a long previous history of being able to amortize debt. Why should we be declined for limited collateral or “derogatory” personal credit?

We agree!
Small business loans depot can provide a loan against your bank statements now. If your business has the cash flow, we can assist you in getting money, quickly and easily.

Complete the Contact Us on the menu above, or call us Today Toll Free at: 855-787-1113 & start your bank statement loan today!

Bank Statement loan features
– High Approval Rate
– Among the highest qualification % of any business financing
– EVERY business has Cash flow
– Approximately 3 months bank statements requested, Quick
program only 1 Months statement required
– 1 Page Application
– Fast turnaround, one or two day approval common

Frequently asked Questions:
Question: Can you tell me if I will qualify?
Answer: If your business has at least $10,000 or more per month in deposits, makes 5 deposits per month
and has an average daily balance of $3,500 or more, your business can qualify.
Question: Do I have to provide a lot of extra documentation?
Answer: No. You only need to provide a simple one page application and the most recent 3 months business
checking account statements for approval.
Question: How long does the whole process take?
Answer: The approval process is one to three days. The entire process takes approximately 5 to 8 business days
and funds are wired directly into your business account.
Question: Are there any application fees or closing fees?
Answer: No. There are no application fees, no upfront fees and no fees paid to close.
Question: How much can I qualify for?
Answer: You can qualify for approximately up to a maximum of 100% of your monthly deposits or average daily balance. The amount of the bank
statement loan will also depend on the time in business, and the average daily balance. If the business has business credit, this can help as well.
Question: My business is growing and I will need more funding later. Is the process for higher limits based on growth?
Answer: Yes, limits are increased almost automatically as you grow. As your cash flow numbers grow and you repay, the limit on this loan will increase and you can borrow again for any of your business needs.

01/17/2015 – For immediate Release – Fury Gaming Designs, Inc. in San Jose, CA announces $150,000 bank statement loan line through Smallbusinessloansdepot.com. President Sanjay Singh stated, “With this line, Fury Gaming will be able to enter into larger contacts with media clients. Additional technical staff and programmers will be added and pending government contracts will be completed. Fury Gaming will become a leader in the male 12-16 gaming segment in 2015″

08/21/2014 – For immediate release – Hightower communications of New York establishes a $200,000 new line through smallbusinessloansdepot.com. President Michael Montgomery announced “This bank statement loan and line will give Hightower Communications the ability to become the main provide of mobile technology in the upper New York region. We will also expand into cellular technologies and applications. We look forward to working with Smallbusinessloansdepot.com to provide us with our financing needs.”

6.1 Million workers displaced from 2009 to 2011

According to the Bureau of Labor Statistics report dated Friday, August 24th, 10:00 A.M., 6 million workers were displaced from January 2009 to December 2011 for jobs that those workers had held for more than 3 years.     This figure does not include jobs in which the workers held the jobs for less than 3 years.

As of January 2012, 56% of those displaced workers have be re-employed.

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

 

Bureau of Labor Statistics – Labor productivity rises

According to the Thursday August 30th, 2012 report by the Bureau of Labor Statistics, Labor productivity, defined as output per hour, rose 1.9% in wholesale trade 2.2% in retail trade, and was unchanged in food services and drinking places in 2011.

Productivity growth was lower in all three sectors in 2011 compared to 2010.   Unit labor costs, rose in wholesale trade and in food services and in drinking places in 2011, but fell in retail trade.

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

 

Gas prices spike $.31 in August

Gas prices have spiked $.31 in August to an average of $3,83 per gallon.   This price beats the previous Labor Day high of $3.68 set in 2008.

Some of the increase has been attributed to Hurricane Isaac.    AAA estimates that approximately 33 million Americans will travel 50 miles or more, including 28.2 million by car.

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Home Health Care Fastest Growing Job Sector

According to the Government’s 2012 Occupational Outlook Handbook, Home healthcare related professions are in the top 2 fastest growing job category.

Specifically, home health aids and personal care aids are the 2 fastest growing professions.    Personal care aids has a 70% projected change of employment between 2010 and 2020, and home health aids has a 69% change of employment for the same term.

Biomedical engineers is third at a 62% growth rate, with Brick and Stone Masons at number 4,  and carpenter helpers at number 5.   Veterinary technicians are number 6 and iron and rebar workers are at number 7.     Another Medical industry comes in at #8, with physical therapy assistants.    At number 9, pipefitters, plumbers and steamfitters.    Meeting, convention and event planners are at #10, and another medical profession, diagnostic medical sonographers are at number 11.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

Foreign Born income lags, says Bureau of Labor Statistics

Foreign born income lags, says the Bureau of Labor Statistics.     According to the Government’s Bureau of Labor Statistics,  income statistics for foreign born workers lags behind those of native born.

The bureau reported on May 26th that median weekly earnings of foreign born workers, full time wage and salary was $609 per week.   The same statistic for native born is $780 per week.    Hispanic foreign born earned 77% of Hispanic native born residents.

Among men, media earnings for the foreign born were $624 per week, while the native born earned $879 per week.    Foreign born women earned $585 per week versus native born women that earned $701 per week.

These differences were mainly among Hispanics.   Among non Hispanics, earnings were similar.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

Foreign Born High School Dropout rate far surpasses native born

According to recently released Government statistics by the bureau of labor statistics, the percentage of foreign born residents in the United States that did not complete High School far exceeds the same statistic for native born.

The percentage of Foreign born living in the United States today that did not complete High School is 25.5%, versus 5.3% of native born.    The percent of foreign born that completed at least some post High School education was less than native born, 17.5% versus 29.9% for native born.

Where this comparison does not follow as drastically is for bachelor degrees.   The percentage is approximately 31% versus 36% for native born that have a Bachelor’s degree.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

Nearly half of foreign born labor Hispanic

According to the May 26th, 10:00 A.M. release by the Bureau of Labor Statistics, nearly one half, or 49% of the foreign born labor force in the United States is Hispanic, compared to 8.5% of the native born workforce was Hispanic.

According to the bureau, 22.3% of the foreign born workforce was Asian, compared to 1.4% of the native born.   19% of the foreign born labor force was white, compared to 75% of the native born workforce.    8.8% was black, compared to 11.6% of the native born workforce.     The only category in which the foreign born work force was higher than for native born was blacks.   Every other foreign born workforce category was higher for foreign born than for native born.

This only indicates that there is a significant black work force in the United States already and that not as many blacks immigrate into the United States as other ethnic groups.    Additionally, the category is referred to as black rather than African American as many black immigrants are from the Western hemisphere, such as the west indies.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

Unemployment rate for foreign born down

According to the Thursday, May 26th release by the Bureau of Labor Statistics, the unemployment rate for the foreign born was 9.1% in 2011.    This percentage is down from 9.8% in 2010.

This statistic is significant, as the foreign born represent 15.1% of the population in the United States.    The representative sample for these statistics was approximately 60,000 households.     The definition of foreign born is defined as those currently living within the United States, but are not citizens and were born outside of the United States.

These statistics include legal immigrants, refugees, temporary residents such as temporary students and temporary workers, as well as undocumented immigrants, if applicable.    In 2011, according to the bureau, there were 24.4 million foreign born workers in the United States.

It is expected that the unemployment percentage of foreign workers would be higher than that of native workers.  However, it is a pleasant surprise that the unemployment rate for foreign workers is only very modestly higher than that of native born workers.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

Thank your for visiting our Small Business Loan resource page!

SBA Small Business Administration updates on Grants

The SBA, Small Business Administration is providing current update information on Grants for small business loans.

According to current information from the SBA Small Business Administration, the SBA does not provide grants for starting and expanding a business.

The Small Business Administration indicates that Grants are Federal Tax dollars which require stringent compliance and reporting measures, and grants are not passed out “indiscriminately”.

The SBA has the authority to make grants to non-profit and educational organizations, but does not have the authority to make grants to small businesses.    Grants by the Federal Government are authorized and appropriated by Congress and signed by the President of the United States.  Counseling and training grants will appear on Grants.gov.   If Congress authorizes specific initiative grants, the SBA will notify such organization.

Some business grants are available through local and state governments.  As an example, some states provide grants for expanding child care centers, helping develop energy efficient technology and developing marketing programs for tourism.   Even in these cases, the grants are not free money and require matching funds from the grantee, or to combine it with other forms of financing.

For organizations that do not fall in one of these areas, there are Federal and State agencies that provide small businesses assistance to obtain loans and venture capital financing from other lenders.
SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promoting U.S. companies abroad to governments in other countries.

More SBA Grant update resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office – U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.
Thank you for visiting our SBA grant resources update page!

 

SBA offers research grants for small businesses

The SBA is currently offering research grants for small businesses that are engaged in research and development.

According to the Small business administration, such companies may qualify under the SBIR, Small Business Innovation Research program and the STTR, Small Business Technology Transfer program.

According to the SBA, these programs encourage small business to undertake research programs that:

  • Meet Federal Research & Development objectives
  • Have a high potential for Commercialization

Examples of companies that have used the SBIR program successfully include Symantec, Qualcomm, and Viasat.    These companies have used the SBIR program to further their technology driven businesses. Qualcomm used it’s SBIR grants in the early years and has now grown to employ over 17,000 people.

The SBA states that Symantec grew out of an SBIR Research Project which eventually led do the company Norton Internet Security products,  which has created over 18,000 jobs in 40 countries.

<a title=”SBA Regional Blog and Forum ” href=”http://www.sba.gov/community/blogs”>SBA Community Blog and Forum</a> –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

<a title=”U.S. Department of Commerce ” href=”http://www.commerce.gov/”>U.S. Department of Commerce</a> – Helps american businesses become more innovative at home and competitive abroad.

<a title=”U.S. Bureau of Economic Analysis ” href=”http://www.bea.gov/”>U.S. Bureau of Economic Analysis</a> – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

<a title=”Entrepreneur World ” href=”http://www.entrepreneurship.org/”>Entrepreneurworld</a> – Resource for Entrepreneurs, including starting your own business, growing your business.

<a title=”Bureau of Labor Statistics” href=”http://stats.bls.gov/”>Bureau of Labor Statistics</a> – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

<a title=”International Trade Administration ” href=”http://trade.gov/”>International Trade Administration</a> – Creates jobs and economic growth by promoting U.S. companies abroad to governments in other countries.

<strong>More SBA research grants resources:</strong>

<a title=”U.S. Department of Labor ” href=”http://www.dol.gov/”>Department of Labor</a> – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

<a title=”U.S. Patent Office ” href=”http://www.uspto.gov/”>U.S. Patent and Trademark Office</a> – U.S. office to file patents to protect a companies new or existing proprietary products.

<a title=”Trade and Development Agency ” href=”http://www.ustda.gov/”>U.S. Trade and Development Agency</a> – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

<a title=”CEO Refresher ” href=”http://www.refresher.com/ceo.html”>CEO Refresher</a> – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

<a title=”Online CEO ” href=”http://chiefexecutive.net/”>E-Network for CEOs</a> – Online articles and much more for CEO’

<a title=”All issues money related to the public” href=”http://www.npr.org/blogs/money/”>Public Radio Planet Money</a> – All issues money related to the public.

Thank your for visiting our SBA research grants resource page!