The IRS announced a moratorium on processing new Employee Retention Credit (ERC) claims in early September. This moratorium is set to run through at least December 31st, preventing thousands of US small businesses from applying for and collecting their money.

Due to the influx of fraudulent Employee Retention Credit claims, the IRS has temporarily paused the application approval process. Unfortunately, this prevents eligible businesses from receiving the money rightfully owed.

As mentioned in our previous blog, SBA-Backed BOLT Loans for Small Businesses, BOLT loans enable small businesses to receive funding quickly and easily. BOLT SBA loans can typically provide small businesses with up to $150,000 in funding, which can be a boon for a growing company.

Health and wellness businesses in the US account for over 25% of the global market. This is equivalent to more than $1 trillion, and that number is expected to grow in the coming years. Securing a loan for your health and wellness business helps you keep ahead of the competition while providing the capacity to drive in new clients.

Many small business owners worry that their credit score is too low to get approved for a loan. Fortunately, there are several funding options with minimal credit requirements.

Small Business Administration (SBA) 504 loans provide fixed-rate financing on long-term loans. Does your business have a net worth under $15 million and an average net income of under $5 million? Then, you may be eligible for up to $5 million in SBA-backed financing.

Many small business owners believe that applying for a loan only makes sense during times of financial instability.

Fully backed by the US Small Business Administration (SBA), a BOLT loan is one of the quickest ways to get funding for your business.

Approximately 15 million US residents utilize home healthcare services. And over the next decade, the home healthcare market size is predicted to nearly double. Small business loans can help home healthcare service providers optimize their offerings, giving patients access to everything they require.

Successfully expanding your business typically requires an investment; however, this investment does not need to come out of your own pocket. This article provides information on how small business loans can help grow your business without forcing you to personally invest.

Maintaining a thriving medical practice is not always an easy task. This article provides helpful information on how doctors’ offices can benefit from small business loans.

Term loans are one of the most popular types of small business loans. Term loans function as a standard bank-type loan, providing funds and enabling you to pay off the principal amount and interest over a predetermined period.

The US Small Business Administration (SBA) offers several funding programs, advocating for entrepreneurs in every state. Our previous article discussed the 7(a) loan program. This article will explore some details about the SBA’s microloan program.

With nearly 200,000 dentist businesses in the US, your dentist office must have the financing to stay ahead of the competition. Fortunately, a small business loan can help you accomplish this, providing the funding necessary to grow your practice.

As most small business owners know, getting your customers to pay on time is not always easy. Accounts receivable financing gives you immediate access to portions of these outstanding funds, taking the financial burden off your shoulders.

Many small business owners avoid applying for loans because they do not think their business will be eligible. The fact is that a significant portion of small businesses are qualified to receive funding. Learn more about some of the funding options your small business may be eligible to attain.

Basically functioning as a non-physical credit card, a business line of credit provides your small business with funding as needed. Additionally, a business line of credit is a great way to build on and improve your credit score. Learn more about how a business line of credit can benefit your small business.

The Small Business Administration (SBA) 7(a) loan program is the SBA’s main lending program, providing financial assistance to small businesses throughout the US. At Fairway Funding, our extensive network of trusted lenders helps small businesses apply for and receive SBA 7(a) loans, preventing you from wasting time searching for SBA-approved lenders.

A merchant cash advance is one of the most flexible financing options for small businesses. As all business owners know, sales fluctuate throughout the year. Merchant cash advances help businesses with fluctuating sales and other potential financial dilemmas continue to flourish.

Developing and implementing an effective marketing strategy may come with a high price tag; however, when well executed, your return on investment (ROI) will far outweigh the associated costs.