Guest Opinion: Steps entrepreneurs should take when navigating the lending process

Over the years, one of the most asked questions I get from entrepreneurs is what grants are available for new businesses and how do I get a business loan. Securing business capital can be frustrating and defeating for many individuals that have had the dream of turning their unique idea into a new small business. Grants are mostly non-existent for most startups unless your local community organizations or government agencies offer financial incentives. To help reduce barriers for startups, the U.S. Small Business Administration (SBA) recently launched its new working capital line of credit to...