Funding Your Small Business Online Is Easy, But Comes With Risk In 2008, the Great Recession caused many banks and financial institutions to tighten their credit standards. As a result, a new breed of online lenders seized the opportunity to assist small businesses and new business owners with their credit needs, and often at a
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National Association for the Self-Employed offers up to $4,000 in grants for businesses Looking for a small business grant? The National Association for the Self-Employed (NASE) awards at least four NASE Growth Grants® every year. Each business development grant is worth up to $4,000. Entrepreneurs can use NASE Growth Grants for expanding your facility, marketing
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Rural manufacturer finds ‘sew’ many savings with energy efficiency upgrades Located in rural Rockwood, Tennessee, Albahealth is the largest manufacturer of “patient safety footwear” in the world. While those thick socks with the rubber pattern on the sole is their main product, they knit and dye a variety of disposable medical apparel, including compression sleeves
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Taking Her Home-Based Business to a Main Street Mainstay After years of frequenting the local farmers market, Hannah McConnell turned her lifelong passion for baking into a home-based business and opened a booth for “Sugar Mama’s” on Market Square. From there, McConnell sold baked goods at special events hosted by local craft breweries. Blame it
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FFIEC Award-Winning “Rural Opportunity Fund” Offers a Creative and Innovative CRA Solution for Bank Partners Pathway Lending, the State of Tennessee, and Member Banks of the Tennessee Bankers Association launched the Tennessee Rural Opportunity Fund (TNROF) in 2007 to create a perpetual revolving loan fund for small, disadvantaged, and startup businesses located throughout rural Tennessee.
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Using a commercial loan to fund energy upgrades for your business or nonprofit When it comes to installing energy efficient or renewable energy upgrades in a business, nonprofit, or governmental entity, the first question is inevitably “how are we going to pay for it?” Education is a critical part of our mission here at Pathway
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What Legal Structure Is Best for Your Business? One of the first decisions you’ll need to make when you start a business is to determine the correct legal structure for your company. But how do you decide which business legal structure is right for your company? You will need professional legal guidance to make this
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Putting an entrepreneur in the express lane to success Miguel “Mike” Saavedra’s passion for cars comes from a childhood spent “wrenching” with his stepdad in the garage. Growing up in Los Angeles, Saavedra faced the misconception that as a Latino, he’d never rise above the station of laborer. “That was a problem for me,” says
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Entrepreneur Highlights Nashville as Hot Spot for Entrepreneurs & Small Business In a recent article from Entrepreneur, guest author Rebekah Iliff outlines five reasons why “The South, in particular Nashville, is poised to be the next entrepreneurial and small business frontier.” In her examination of what Nashville is doing well, she highlights our “diverse industry
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Powering a small business to help disabled veterans A lifelong cyclist, Mark Power built his first recumbent bike for his wife while stationed in Germany. The second was for himself so she wouldn’t feel self-conscious on their rides. This new hobby became a business and the veteran never looked back. “I had so much trouble
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