SBA announced that the Paycheck Protection Program funding was exhausted May 4, 2021 and that the PPP application portal will today stop accepting applications. HOWEVER, approximately $8b remains in congressionally mandated funding for PPP loans made by designated “community financial institutions,” defined for bankers’ purposes as minority depository institutions and… Read More »PPP Funds Exhausted
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet discusses Debt Service coverage Ratio and qualifications for a buyer. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six Forks Road, Suite 105Raleigh, North Carolina 27609 Phone: (919)… Read More »2021-03-04-08 Debt Service Coverage Ratio
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet discusses what you may need to pledge if you take out and SBA loan. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six Forks Road, Suite 105Raleigh,… Read More »2021-03-04-07 What About My Personal Residence….Do I Need To Pledge My House If Apply For A SBA Loan?
A CBR is drafted by a brokerage firm or business broker to market a business to prospective buyers. It contains information about the business, including its products, markets, competition, and financial performance. The CBR is provided only to qualified buyers who have signed non-disclosure agreements (NDA’s). This can also be… Read More »Delta Tuesday Term – Confidential Business Review (CBR)
Economically speaking, COVID-19 was a “natural disaster.” That’s according to Brian Beaulieu, CEO and chief economist of ITR economics. Beaulieu focuses on helping business owners and their advisors understand the market ahead. Beulieu presents that since the cause the current recession was caused by COVID-19, and not economic factors, the… Read More »Should Business Owners Sell by 2024?
According to the Insider Intelligence, US shoppers spent $72.46 billion via click and collect last year, a 106.9% growth rate over 2019. Click and collect leapt from a 5.8% share of all retail ecommerce sales to a 9.1% share. Total buyers jumped from 127.4 million people to 143.8 million people,… Read More »$72.46 billion – Click & Collect in 2020
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet discusses some of the industries that did well during the 2020 Covid 19 Pandemic. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six Forks Road, Suite 105Raleigh,… Read More »2021-03-04-06 What industries are you seeing that are doing well?
“Find out who you are and do it on purpose.” – Dolly Parton Dolly Rebecca Parton (born January 19, 1946) is an American singer, songwriter, multi-instrumentalist, actress, author, businesswoman, and humanitarian, known primarily for her work in country music. After achieving success as a songwriter for others, Parton made her album debut… Read More »Monday Mojo – Dolly Parton
6 in 10 women business owners stated they were motivated to start a business due to a desire to pursue one’s passion! The least likely reason is lack of job opportunities. Source: Gusto partnered with NAWBO to survey 1,199 female business owners about their experiences during the COVID pandemic and resulting recession. Learn more… Read More »Why Do Owners Start a Business?
On Thursday, March 4th, 2021, Steve Mariani Owner of Diamond Financial Services was our guest on the Delta Business Bite webinar. This Snippet focuses on some of the hard hit industries during the 2020 Covid 19 Pandemic. Learn more about Diamond Financial Services here: www.EasySBA.com Address: 5306 Six Forks Road, Suite… Read More »2021-03-04-05 What were these ‘hard hit sectors’