Small manufacturers and startups would find it easier to get capital for modernizing and expanding their operations under a bill to expand a key Small Business Administration (SBA) loan program. The Strengthening Investment to Grow Manufacturing in America (SIGMA) Act, sponsored by Congressmen Tim Ryan (D-OH) and Tom Reed (R-NY), would increase the amount manufacturers […]
access to capital
NJ Best State for Business Loan Approvals, Online Lending Company Says
New Jersey is a challenging place to do business, but when it comes to getting business loans approved, the state is the very best in the country. According to Biz2Credit.com, an online lending marketplace for small business owners, New Jersey business loan requests were approved 23.4 percent of the time, a full 4 percentage points […]
New Jersey Ranks 5th in Business Access to Capital
One of the biggest challenges facing small businesses is the ability to borrow money needed to operate, or to grow and expand their business. Yet New Jersey is one of the best states in the nation when it comes to access to capital. Consider that the annual CNBC network’s America’s Top States for Business study ranks […]