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Securing loans for your small business can be challenging, especially if you’re navigating gaps in financial literacy and access. That’s where the Delaware State Small Business Credit Initiative (SSBCI) steps in. Delaware’s SSBCI loan program is designed to support small businesses and combat financial illiteracy through their loan programs. The SSBCI reports that their loan program intends to target small businesses “that need access to capital, but fall behind on one or more credit metrics, such as lacking collateral, or having a short credit history.” This can be a great resource for individuals within the low-to-moderate (LMI) community and can be a game changer in their small business initiatives. At CAFE, we applaud the Delaware Division of Small Business for their commitment to financial equity and their efforts to empower small business owners! Learn more about the SSBCI loan program and how it can support your business goals ⬇️ https://lnkd.in/eq_sy6B7 #SmallBusiness #FinancialEquity #FinancialLiteracy #LMICommunities #SmallBusinessGrowth #EconomicEmpowerment #CAFE #NetDE

The main provisions include increased loan limits for underserved businesses, improved forecasting of contracting opportunities, and increased promotion of SDBs. https://smpl.is/9xquv

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: http://ms.spr.ly/6048m76SO *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: http://ms.spr.ly/6047WXUQ1 *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

Considering loans for blacklisted at Capitec? We have the answers to all your key questions. Whether it's consolidating debts or chasing your dreams, understanding how to manage these loans is key. Learn more in our latest blog post! https://ow.ly/LBbj50R6hT7 #FinancialWisdom #CapitecLoans #DebtManagement

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: http://ms.spr.ly/6048mA24I *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: http://ms.spr.ly/6041m7O03 *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: https://lnkd.in/e46n_FCq *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

We are honored to be the tenth-largest U.S. Small Business Administration (SBA) lender in the country, extending our 16-year streak of ranking among the top 10 nationally. “With our average loan size of $113,432, we continue to provide all sizes of companies with their essential capital needs. We are grateful for the trust to provide advice and guidance for the small business communities throughout our footprint.” -- Chris Nichols, M&T Bank Executive Vice President and Director of Business Banking Sales. M&T provided 1,832 7(a) loans for a total of $207.8 million to help local small businesses expand and thrive. M&T is ranked #10 in total loan volume nationally. Learn more about small business loans: http://ms.spr.ly/6046mhiHq *According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2024 #SBA #SBARankings #CommunityBank

Are you currently weighing the pros and cons of loan funding for your business? In our latest article, we explore the advantages and disadvantages of using loans as a funding source. Discover some of the benefits: 👍Quick Access: Loans can be approved and disbursed rapidly. 👍Retain Ownership: Maintain full control without giving up equity. Understand some of the drawbacks: 👎Cash Burden: Regular repayments can impact cash flow. 👎Additional Costs: Interest and fees add to the expense. 👎Personal Risk: Personal guarantees can put your assets at risk. 🔗 Read the full article here: https://lnkd.in/em6PFFax For tailored advice on the best funding options for your business, contact the Business Growth West Midlands Investment Readiness Programme. Our experts are here to help you navigate the complexities of business finance. #BusinessLoans #FundingOptions #WestMidlandsSMEs #FinanceTips #BGWM #BusinessGrowth Oxford Innovation Advice Business Growth West Midlands Investment Readiness Programme (Access to Finance) Robert Rabone Helen Fortune Sharn Haywood-Higgs Vernon Hogg Davies Okeowo Connor McManus Heather Coupland Jack Francis Kelly