Wells Fargo recently stepped up its efforts to reach small business owners via an online platform it calls the Business Credit Center. Business owners and managers can learn how to develop a strong credit application, estimate business capital needs, and explore other areas of business finance.
The Business Insight Resource Center, a facet of Wells Fargo’s Business Credit Center, is intended to be a clearinghouse of sorts, allowing business owners to find information on a wide range of financing topics, such as preparing to qualify for credit, applying for an SBA loan and managing credit use. The site is optimized for mobile access and can be customized by the user.
Wells Fargo asserts it loaned more money to small businesses than any other financial institution in 2011, making more than $26 billion worth of loans under $1 million each and more than $16 billion in loans less than $100,000 each to small businesses in the U.S.
As we’ve discussed before, the best business plan is a well-researched one, whether you are just starting out or considering ways to grow. Review a number of resources, both online and otherwise, to find the right source or combination of sources of capital to meet your business needs.
For more information about starting or growing your business, developing contracts, or other matters related to managing your business, the attorneys at the Scolieri-Beam Law Group, P.C. can help. Located in western Pennsylvania, our attorneys are experienced in Pennsylvania business law and can take care of the details for you every step of the way. Contact us today at (412) 765-0546 or via email at info@scolierilaw.com.