SMB Compass Blog

Check out the latest industry news and trends

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Most recent articles

denied business loan

5 Steps to Take After Being Denied a Small Business Loan

Entrepreneurs know that the path to success is not a straight line.

Restaurant business loans

Top 7 Budgeting Mistakes for Restaurant Businesses

What happens if you don’t properly budget your finances?

personal guarantee sba loans

Why Do Lenders Need Personal Guarantees for SBA Loans?

There’s a clear distinction between your personal and business assets.

Successful Plan For Your Future

5 Ways To Successfully Plan For Your Future | SMB Compass

When you are young, you don’t always think to start planning for your future until it is too late.

sba loan rejected

6 Reasons Why Your SBA Loan Application was Rejected

Small business owners are no strangers to the challenges of securing a bank loan.

Business Credit Report

How to Review Your Business Credit Report | SMB Compass

Your business credit report compiles all the information needed to assess your company’s creditworthiness.

Inventory Business Loans

3 Pros and Cons of Using Inventory Business Loans to Fund a Business

Inventory is a crucial component of every product-based company.

government contract financing

How to Find and Apply for a Government Contract in 6 Steps

Small businesses are a crucial part of every economy.

Starting Your New Business

What to Consider Before Starting Your New Business

Starting a business is a huge decision and a process that requires much planning.