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sba 7a Featured

SBA Announces Major Changes To Expand SBA 7A Loans

📌 Pro-tip: Want to track and apply for an SBA 7A loan & get recommended SBA lenders? Apply on the Skip Funding Assistant [https://helloskip.com/funding/sba7a]. Today the SBA announced major improvements to its flagship lending programs, the SBA 7(a) and 504 programs, to allow more small

sba microloan

The Complete List of Lenders for the SBA Microloan Program — Loans Up to $50,000

The first step to getting an SBA microloan is identifying an approved SBA lender that can approve you for a loan up to $50,000. In this article we share a complete list of SBA microloan lenders and what the SBA microloan program is. 📌 Pro-tip: Want to track and

ssbci Featured

What States Currently Have SSBCI Funding Available?

As part of the American Rescue Plan Act signed into law in March 2021, $10 billion of additional funding was reauthorized for the State Small Business Credit Initiative (SSBCI). The new version of the SSBCI program will provide a combined $10 billion to states, the District of Columbia, territories, and

grants Featured

The 5 Best Places to Find Grants & Free Business Funding

Looking for funding to start or grow your business? Here are the 5 best places to find and apply for grants so you never miss out on new grants available for you. As a bonus, we include the 4 best alternatives to grants to fund and grow your business. Where&

women-owned business grants

Last Call for These April Grants

March may have been Women's History Month, but there are several exceptional grants for women business owners that are due at the end of April. The Skip Funding Assistant, available on the Skip mobile app and web dashboard, is the perfect tool to help you find, track, and

grants

How To Quickly Apply for this New $10K Grant Opportunity

LISC in partnership with Verizon is back with its $10,000 grants program. LISC has given out thousands of grants since it launched this program in 2020, and applications are now open for this years grants. If interested in applying quickly, track this Verizon $10K grant and see the application

eidl payments

EIDL Hardship Accommodation Can Be Extended

The SBA has confirmed that it's possible to extend the EIDL "Hardship Accommodation" which temporarily reduces the payment amount for EIDL borrowers. For small business owners and entrepreneurs who received EIDL loans and are still facing difficulties with their business cash flow, this is a great

skip plus

Special Members Invite on Getting Funding, Grants, and EIDL Payments

As we enter into the second quarter of the year, entrepreneurs are presented with an opportunity to reevaluate their business plans and strategize for growth. One of the key elements of growth is funding, and for entrepreneurs seeking to take their businesses to the next level, now is the time

eidl payments Featured

How To Lower Your EIDL Payments In Pictures

Are you looking to lower your COVID EIDL payments temporarily to free up cash flow for other parts of your business? Here's an important post on how to lower EIDL payments step-by-step and why more businesses are considering this option. A recording of our members-only

women-owned business

Funding For Women-Owned Businesses

Happy Women's History Month, Skip Fam! If you're a woman entrepreneur looking for financial support for your business, there have never been more excellent grant and funding opportunities. The Skip Funding Assistant, available on the Skip mobile app and web dashboard, is the perfect tool to

skip grants

Announcing March Madness for Small Business Owners & $2,000 Grant To Winner

March Madness for small business owners and entrepreneurs is here! For the first time in history, small business owners will have a chance to compete in a tournament style competition, live on YouTube, for a chance to win $2,000. Plus, we have 3 $1,000 other grants [https://helloskip.

small business Featured

How To Write A Convincing Business Plan When Seeking Funding

Having an updated business plan is essential when you're seeking funding for your business. Here's how to write a convincing business plan for any funding situation.

small business banking Featured

What The Silicon Valley Bank Collapse Means For US Small Businesses

Updated Tuesday March 14, 2023 Following the collapse of Silicon Valley Bank on Friday and the FDIC closing a second bank on Sunday, the Federal Government announced steps to prevent further damage to the US banking system and economy on Sunday evening. Here's the latest and a recap

grants Featured

$60K Grant Opportunity Due Soon

The Barclays Small Business Grants opportunity is closing soon. This is the best grant opportunity so far in 2023. If interested, be sure to apply by 11:59pm EST on Tuesday, February 28th, 2023. The Barclay's Small Business Grants will give grants to 60 winners ranging from $2,

skip funding assistant

Get Early Access to the Skip Funding Assistant

Have you felt stuck getting funding in the past or have you been unable to submit grant applications on time? We're now previewing the Skip Funding Assistant for the Skip community to help with just that. Download the latest version of our app on the App Store [https:

sba eidl Featured

SBA Launches New Portal To Manage EIDL Loans

On Tuesday February 21st, the SBA launched their brand new MySBA Loan Portal [https://lending.sba.gov/] to help EIDL loan borrowers manage and make payments. This is the biggest change the SBA has made related to the EIDL program in months and one of the biggest technology shifts for

taxes Featured

The Best Self Employed Tax Deductions and Credits in 2023

When it's time to file your small business taxes, or as a self-employed individual, understanding the difference between a tax deduction and a tax credit is crucial to maximizing your tax advantages in 2022.

eidl Featured

Can't Make EIDL Payments? Here's What You Can Do.

By now, nearly every COVID EIDL loan borrower has had to make their first payment back to the government. The problem is: Millions of businesses are still struggling and COVID EIDL monthly payments may be difficult to make. If you're having trouble paying your EIDL loan, are getting

eidl repayment Featured

How to Pay and Save on Your EIDL Loan in 3 Quick Steps

Are you one of the 4 million Americans who received an EIDL loan from the SBA over the past 2 years? The 30 months of EIDL deferment is coming to an end for many and most borrowers have not set up payments. Here's how to quickly find your

small business grants

$10 Million in Grants for O'ahu Small Businesses Due Soon

This month the city of Honolulu announced one of the largest post pandemic relief grant programs to help businesses that were affected by Covid-19. You might be thinking "It's a little too late for the businesses who were hit the hardest," but this program includes

eidl

What Happened? A Look Back At The End of COVID EIDL Program

The COVID EIDL program helped nearly 4 million small business owners receive critical funding at the height of the pandemic and brought the Small Business Administration (SBA) into public consciousness.  Now the program has ended and millions of small businesses still need help to survive. As we near the 1

sba 7a

Why the SBA 7(a) Will Be the Most Popular Loan in 2023

In 2022, the SBA provided over $25 billion dollars to small businesses in the form of SBA 7(a) loans with the average loan size being over $500K. As 2023 kicks off, early data shows that this year will be an even bigger year for SBA 7(a) funding and

small business funding

Best Small Business Funding Options for 2023

73.1% of participants in our survey of almost 1,000 small business owners said they wished they applied for more funding in 2022. While we can't turn back the clock, Skip is here to make sure more small business owners take advantage of available funding opportunities in

small business Featured

What You Should Know About the Employee Retention Tax Credit

The Employee Retention Tax Credit (ERC) is a way for business owners to potentially earn $26,000 per employee.

eidl

How to Check Who's Received EIDL Grants or Loans or PPP Loans

Looking to see who's received EIDL grants, EIDL loans, or PPP loans? We've built a search tool to help you do just that.