SBA Financing For eCommerce Firms

[mandy]

“As long as you have inventory to handle and a need for capital, there’s almost surely an SBA loan to fit your venture,” Williams says. “About 97 percent of the businesses in the U.S. qualify for a small business loan, and believe me, they’re not just traditional bricks and mortar loans.”

For lenders like Williams, mom-and-pop ecommerce sites provide a refreshing alternative to the revenue black holes of those in pre-dot-com-bust years. According to the SBA-funded “Strategies for Small Business Success” report, 35 percent of firms with fewer than 10 employees gain 10 to 99 percent of current sales from their websites. Meanwhile, 65 percent of all firms with a website either make a profit or at least cover their website costs thanks to their online sales...

full article: http://www.practicalecommerce.com/articl...erce-Firms