Business Growth
8 Popular Funding Options for Small Businesses
Starting a business is an exciting journey, but it can also be challenging, especially when it comes to raising funds for your business. A lack
November 11, 2023
Business Tips & Resources
Business Growth
Understanding Your Debt Service Coverage Ratio (DSCR)
If you are a small business owner who has ever thought about growing your operations with a loan, one important financial metric you will need
October 2, 2023
Business Growth
Common Reasons Why Lenders Deny Business Loans
Applying for a business loan can be a time-consuming and difficult process. You have to fill out all the paperwork, provide multiple documents, and go
March 11, 2023
Credit
5 Steps to Improve Your Business Credit Score
Having a strong understanding of your business credit score (and how it works) is crucial to understanding your financing options. Your credit score not only
February 5, 2023
Business Growth
Stages of Business: When Will You Need Funding?
As startups turn to established companies, and established companies turn to mature organizations, there’s a good chance of finding yourself needing more cash than you
October 12, 2022
Resources
5 Proven Digital Marketing Strategies for Your Business
A strategic mix of digital marketing strategies is important for any business looking to grow its customer base and increase brand awareness. Whether or not
July 23, 2022
Business Growth
Top 3 Resources to Grow as a LGBTQI+ Business
At Backabl, we believe efforts to support diversity and inclusion create environments where people thrive, local economies grow, and new ideas blossom. Whether it’s chasing
June 7, 2022
Resources
Celebrating You: National Small Business Week 2022
Each year, the U.S. Small Business Administration (SBA) coordinates National Small Business Week (NSBW), a celebration of America’s millions of small business owners who provide the
April 30, 2022
Taxes
20 Small Business Tax Deductions to Save You Money
Each tax season, knowing how to maximize your tax deductions—and minimize your taxable income—is a great way to help your small business thrive. But waiting
March 29, 2022
Business Growth
How to Get Certified as a Women-owned Business
Thanks to ongoing policy initiatives and growing entrepreneurial spirit, women-owned business are becoming a much bigger component of the US economy. According to a 2019
March 9, 2022
Resources
Black-owned Banks and Credit Unions in the DMV
Gaining access to necessary capital to thrive as an entrepreneur is vital to fulfilling the fabled “American Dream.” It’s also the core of what Backabl
March 1, 2022
Business Growth
The Documents Lenders Need for Your Small Business Loan
One thing an entrepreneur never has enough of, is time. Whether it’s marketing, hiring, building your website, or managing your inventory — there’s always something
June 1, 2021
Business Growth
Credit Unions vs. Banks: Finding the Best Small Business Loan
Getting a small business loan is a difficult process. It requires research, gathering documentation, working with a lender to submit multiple forms, and more. Today’s
May 28, 2021
Business Growth
Grow Your Business Post-Pandemic: What’s Out There Besides PPP Loans?
Now more than a year since the start of the COVID-19 pandemic, small businesses and entrepreneurs are steadily recovering. The pandemic shined a spotlight on
May 28, 2021