Small Business Finance News
Business To Business Wholesaler To Help Small Businesses Get Loans
Written by Jenna Weiner
Published: 11/17/2010
DollarDays' website to give entrepreneurs access to loans
A business-to-business wholesale distributor recently announced that it would be launching a new program in order to help small businesses gain access to loans.
DollarDays announced that it would be partnering with Superior Financial Group to aid entrepreneurs in gaining access to Small Business Administration loans. The wholesaler, which offers small business owners low rates on items in order to compete with larger chain stores, said that it would help those interested get applications for small business loans starting at $5,000 and up to $25,000 through the company's website.
"With lenders giving preference to larger businesses with more assets, there are less dollars for small businesses like startups and mom-and-pop stores," said DollarDays founder and president Marc Joseph. "DollarDays' main principle is about helping small businesses stay competitive with larger retailers, and this program offers a solution many business owners can't find elsewhere."
The SBA made other news for entrepreneurs recently when it announced that it had provided more than $2 billion in funding to its venture capital program. The added funding represents a 10 percent increase from last year.
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