4 Things You Should Know Before Applying for a Business Loan

| January 17, 2018

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Applying for business loans can be a stressful and exciting time. You are on your way to starting your business, but you need the capital to make it come true. Banks or government agencies are popular sources of funding for your startup venture.

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Athens Group

Athens Group is your full-service rig and platform inspection, intake, optimization and upgrade partner. We deliver performance and safety assurance for drilling, well control, production and marine equipment systems.

OTHER ARTICLES

A Lifeline for Small Businesses: The PPP Loan

Article | April 5, 2020

Small business owners who have 500 or fewer employees, including self-employed individuals, may be able to benefit from the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was passed last week. One of the most compelling parts of the Act is the “Paycheck Protection Program” (PPP), an emergency lending facility, administered by the Small Business Administration (SBA) to provide small business loans on favorable terms to borrowers impacted by the current state of economic uncertainty. With the Payment Protection Program (PPP loan), Small Businesses can request loans up to 2.5 times the average monthly payroll expense over the previous year (with total loan amount capped at $10M). There are other Small Business loans available as well.

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The small business conundrum: growth and innovation in the face of complexity and security risks

Article | March 3, 2020

In the 2019 Global SME Pulse, small and medium businesses around the globe said they anticipated slower revenue and profit growth, but 74 percent were still willing to take big risks to ensure their success. No surprise there. For small business owners, their work—and their success—is personal, and small business employees are often equally invested. Together they innovate, push boundaries, and take risks; they’re willing to try new ways of getting things done as they grow and protect what they’ve worked so hard to build. These same qualities apply to how small businesses embrace and use technology. It’s not something they think about constantly, but it is another valuable tool to help drive their business.

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How Coronavirus (COVID-19) is Impacting Small Businesses and What You Can Do About It 

Article | April 3, 2020

The spread of the coronavirus (COVID-19) is developing rapidly, leaving many small business owners uncertain about their future. Those we’ve spoken with expect the coronavirus to have a significant impact on their revenue. Unfortunately, it seems these concerns are justified, but there are some actions you can take to protect your small business while at the same time, protecting yourself, your employees, and your customers. In this article, I’ll lay out what we know about how coronavirus is impacting small businesses, how you can minimize losses, and some steps you can take to protect your business. These suggestions are by no means exhaustive, as there is much we still don’t know about how this situation will play out. But we hope they will be a good starting point for business owners who are overwhelmed and unsure of what actions to take.

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Top Four Trends For Small Business Marketing Strategies In 2020

Article | February 19, 2020

If one of your goals includes growing your small business, you need to keep current on the relevant trends in marketing strategies small business tools. Don’t miss an opportunity to grow by using old information. Here are the marketing trends you need to understand today.

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Athens Group

Athens Group is your full-service rig and platform inspection, intake, optimization and upgrade partner. We deliver performance and safety assurance for drilling, well control, production and marine equipment systems.

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