Did you know that the Washington State Department of Commerce has received a business grant from the U.S. Small Business Administration? This is an 8-year of funding aimed at boosting small business exports. To know more about the topic and discover exceptional ACH business loans to grow your business, just follow the lines below.
Washington Receives Business Financing: ACH Business Loans
The State has recently received a $900K SBA grant that’s designed to help small businesses grow through international trading. The grant makes up part of the SBA’s State Trade Expansion Program or STEP. The latter is the top amount provided (from the total amount of $18 million) to 41 states.
According to Washington Commerce Director Dr. Lisa Brown, 1 in 3 jobs in Washington have to do with exports. Such financing plays a critical role in paving a path for their small businesses towards success. It’s also essential for creating jobs to make communities stronger.
What about your own business? Do you have the necessary funds? Are you on the lookout for reliable and low cost financing for your company? This isn’t an issue anymore thanks to reputable alternative lenders in the field.
Just consider turning to a trustworthy and experienced alternative funding provider in your field that guarantees the cheapest rates and the easiest access to the capital you need. With a true funding expert, you can get easily approved for ACH business funding, merchant cash advance, and other types of financing.
Boosting Small Business Exports
In Washington, over 838 small businesses have taken advantage of nearly $5.7 million in STEP funds since 2010. This was the year when the program was launched through the Small Business Jobs Act.
They have gained more than $700 million in sales, thus having an estimated ROI (return on investment) of about 100:1. 177 of them are based in 25 rural Washington counties.
To sum up, Washington State has received a $900K SBA grant to help small business owners take their business to the next level via exports. To get financing for your business, consider applying to a respectable alternative online lender in your field.
Author Bio: Michael Hollis is a Detroit native who now lives in Los Angeles. He is an account executive who has helped hundreds of business owners with their ACH business loans solutions. He’s experimented with various occupations: computer programming, dog-training, scientificating… But his favorite job is the one he’s now doing full time — providing business funding for hard working business owners across the country.