Hero Companies Who Are Helping Small Businesses Succeed

Hero Companies Who Are Helping Small Businesses Succeed
Caitlyn Rose
on March 15, 2020
Read in 2 min

These are challenging times for small businesses. Luckily, however, the news isn’t all bad. Read on to learn about three companies that have stepped up to partner with businesses like yours to help them succeed.

Google

This innovator and tech giant hasn’t forgotten the little guy. Since 2011, it has focused on helping entrepreneurs get off the ground by sponsoring community hubs. In these co-working spaces, entrepreneurs can collaborate, share ideas and launch their startups.

Google has also made minority-owned businesses a priority by inviting them to join their Accelerate with Google Academy. This 12-week course is designed for business owners who are already Internet-savvy but who would benefit from hands-on advertising training from the experts. Competition is fierce for this course, but the benefits are huge if you are accepted.

Crowdfunding Companies

In recent years, getting support from family, friends, acquaintances and even perfect strangers through crowdfunding sites have garnered massive amounts of attention. Of course, you can’t just put your business name and a small paragraph about your goals up on a website and expect thousands of dollars to begin flowing in. This means of funding takes planning and hard work, but it can be done.

New crowdfunding websites seem to come on the scene every day. However, some of the most long-standing and best-known include Indiegogo, Peerbackers, and goFundMe. These platforms can give you the tools and space you need to get news about your company out there.

However, news can’t spread unless you lay a strong foundation before you begin your campaign. Make sure you have an email contact list of at least 2,000, a network of supporters you can count on to furnish 20 to 30 percent of your total, and plenty of friends willing to spread the word.

In this technology-based age, even the most geographically isolated small business owners are not in a vacuum. Use the power of the Internet and the companies located there to give yourself a jump-start. The benefits could be amazing.

LendGenius.com

One of the most daunting challenges for small companies is getting the necessary capital to get off the ground and to cover on-going expenses, inventory, and expansion. That’s where LendGenius comes in. With one simple application, you can gain access to several alternative funding sources for no-collateral business loans.

Thanks to their hassle-free process and friendly staff members, you can learn about all of your options without being bullied into a loan that’s not right for you. Available options include:

  • Business cash advance loans, in which you get a lump sum of money now by selling a portion of your daily credit and debit card sales to the lender. You pay this back over time, plus fees.
  • Invoice financing, in which you turn over existing accounts receivable to the lender in exchange for cash now.
  • Business lines of credit, which operate much like a credit card. You don’t pay interest or fees until you borrow against your credit limit.

You can keep your paperwork to a minimum with LendGenius.com, but that doesn’t mean you need to compromise on your options. This company definitely has you covered.

Caitlyn Rose Finance Journalist

Caitlyn is a business consultant and writer with an intimate understanding of business finance.

An entrepreneur at heart, she supports small local businesses whenever she can.

Important Disclosures. Please Read Carefully.

Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. Lendgenius.com is not a lender or lending partner and does not make loan or credit decisions. Lendgenius.com connects interested persons with a lender or lending partner from its network of approved lenders and lending partners. Lendgenius.com does not control and is not responsible for the actions or inactions of any lender or lending partner, is not an agent, representative or broker of any lender or lending partner, and does not endorse any lender or lending partner. Lendgenius.com receives compensation from its lenders and lending partners, often based on a ping-tree model similar to Google AdWords where the highest available bidder is connected to the consumer. Regardless, Lendgenius.com’s service is always free to you. This service is not available in all states. If you request to connect with a lender or lending partner in a particular state where such loans are prohibited, or in a location where Lendgenius.com does not have an available lender or lending partner, you will not be connected to a lender or lending partner. You are urged to read and understand the terms of any loan offered by any lender or lending partner, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. By submitting your information via this website, you are authorizing Lendgenius.com and/or lenders and lending partners in its network or other intermediaries to do a credit check, which may include verifying your social security number, driver license number or other identification, and a review of your creditworthiness. Credit checks are usually performed by one of the major credit bureaus such as Experian, Equifax and Trans Union, but also may include alternative credit bureaus such as Teletrack, DP Bureau or others. You also authorize Lendgenius.com to share your information and credit history with its network of approved lenders and lending partners. For qualified consumers, our lenders offer loans with an Annual Percentage Rate (APR) of 35.99% and below. For qualified consumers, the maximum APR (including the interest rates plus fees and other costs) is 35.99%. All loans are subject to the lender’s approval based on its own unique underwriting criteria. Example: Loan Amount: $4,300.00, Annual Percentage Rate: 35.99%. Number of Monthly Payments: 30. Monthly Payment Amount: $219.36. Total Amount Payable: $6,581.78 Loans include a minimum repayment plan of 12 months and a maximum repayment plan of 30 months. In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lender’s rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

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