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How to Log in to the SBA Portal

Here's how to log in to the SBA portal and find your outstanding balance and payment info to add to the Skip EIDL Balance Calculator. 1. Sign in at lending.sba.gov [https://lending.sba.gov] 2. Under "My Loans" for Disaster COVID-19 Economy Injury, click "View Summary' 3. There you'll find your Outstanding Balance (1). And then you'll find your default Payment Amount and Due Date at the bottom (2). However, you should then double check your actual payment frequency by clicking "Manage Re

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17 days ago • 2 min read

How To Successfully Apply For the Skip $5,000 Funding-Ready Grants?

Securing funding for your business can be a game-changer, and at Skip, we’re awarding $100,000+ in grants monthly to help entrepreneurs grow. If you’re looking to win the $5,000 Funding-Ready Grant [https://helloskip.com/funding-details/5k-funding-ready?source=TipsBlogPost], you’ll need more than just luck—you’ll need a strong application and a complete business setup. This guide will walk you through exactly how to maximize your chances of winning, including what we look for in applications an

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18 days ago • 2 min read

Small Business Grants Due in March 2025

Looking for grants for your small business or side hustle? Here's the list of grants due in March 2025. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. To see all Skip Grant winners, go here [https://helloskip.com/instant-grant-winners?source=March2025Grants]. This page is updated weekly with new grants. Past small business grants: February 2025 [/blog/small-business-grants-due-in-february-2025] |January 2025 [/blog/small-busin

SMALL BUSINESS GRANTS

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27 days ago • 2 min read

How to Write a Strong Grant Application and Win a $10,000 Grant

Winning a $10,000 grant for your business or startup requires a well-crafted application with clear, compelling responses. Here’s what you need to do—and what to avoid—to maximize your chances of success. 📌 Pro-tip: See and enter all the latest grants on Skip [https://helloskip.com/dashboard?source=BlogPost]. Understanding the Grant Application Process Grant applications assess more than just what your business does. They evaluate your business’s purpose, potential impact, and how effectively

SMALL BUSINESS GRANTS

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1 month ago • 3 min read

Getting Traffic To Your Website in the Age of AI-Powered Search Engines

Traffic is the lifeblood of any website, but the landscape of search engine optimization (SEO) [/blog/why-improving-your-seo-as-a-small-business-is-now-more-important-than-ever] and digital visibility has shifted dramatically with the introduction of AI-generated search results. Google, Bing, and other search engines are now leveraging generative AI to provide summarized answers directly within search. While this trend increases convenience for users, it often reduces click-through rates to ind

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2 months ago • 4 min read

A Step-by-Step Guide to Obtaining a Disaster Loan from the SBA

Disasters can strike unexpectedly, leaving individuals and businesses in dire financial situations. The Small Business Administration (SBA) provides disaster loans [/blog/how-to-navigate-sba-disaster-loans-for-homeowners] to assist those affected by natural disasters, helping them recover and rebuild. This article outlines the steps to secure a disaster loan from the SBA, clarifying the differences between regular disaster loans and COVID Economic Injury Disaster Loans (EIDL). Understanding SBA

SBA LOANS

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2 months ago • 3 min read

Small Business Grants Due in February 2025

Looking for grants for your small business or side hustle? Here's the list of grants due in February 2025. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: January 2025 [/blog/small-business-grants-due-in-january-2025] | December 2024 [/blog/small-business-grants-due-in-december-2024] Skip $10,000 Growth Grant Entrepreneurs and small business owners across

GRANTS

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2 months ago • 2 min read

Celebrating Small Businesses Making Big Impacts

At Skip, we are proud to celebrate the incredible achievements of small businesses that embody the spirit of innovation, resilience, and community impact. This month’s  highlights showcase entrepreneurs who are breaking barriers, creating opportunities, and uplifting their communities across a range of sectors. Here’s a look at the remarkable businesses shaping the future. Consider Beefavored [https://d.helloskip.com/MX58], an urban beekeeping business that produces natural honey while also em

SMALL BUSINESSES

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2 months ago • 3 min read

Credit Card Stacking: A Creative Solution For Business Funding

In the quest to fund a business, entrepreneurs often encounter the hurdle of securing capital without falling into the expensive trap of high-interest loans. A clever and somewhat unconventional approach to bypass this issue, which is gaining traction among savvy business owners, is credit card stacking. This method capitalizes on the introductory 0% interest period offered by many credit cards, lasting anywhere from 6 to 21 months depending on the issuer. 📌 Read: The 5 best business cards for

BUSINESS CREDIT CARDS

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2 months ago • 3 min read

The 5 Best Business Credit Cards For Small Business Owners

Navigating the selection of a business credit card can be a crucial decision for small business owners. With each card offering unique benefits, the key is to find one that aligns with your business expenditures and financial goals. Below is a comparison of five business credit cards, examining their rewards and annual fees. These all require good to excellent credit. Updated January 2025 with latest sign-up bonus offers 1. American Express Business Gold Card: [https://bit.ly/4fn42MP] The rea

BUSINESS CREDIT CARDS

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3 months ago • 2 min read

SBA Announces Disaster Funding For Southern California Fires

The Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for businesses, homeowners, renters, and private nonprofit organizations impacted by the recent wildfires and straight-line winds in Southern California. This assistance follows a major disaster declaration by President Biden, covering Los Angeles County and the surrounding counties of Kern, Orange, San Bernardino, and Ventura. WATCH: Video announcing the SBA Disaster Declaration [https

SBA EIDL

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3 months ago • 1 min read

DIY Registering With FinCEN BOI

The Corporate Transparency Act (CTA) was introduced as a way to deal with drug trafficking, money laundering and terrorist funding.  Part of the CTA was a requirement for millions of businesses to register with the Financial Crimes Enforcement Network (FinCEN).  Through this registration a business is required to show who is benefitting from the business through a filing known as Beneficial Ownership Information (BOI).  Once filed, the business owner/beneficiary receives a transcript as receipt

BOIR

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3 months ago • 2 min read

The Ultimate Guide To Writing Your Business Plan

Writing a business plan is an essential step for any entrepreneur looking to build or grow a business. It helps you outline your vision, goals, and strategies, making it easier to communicate your plans to stakeholders, attract investors, and stay on track. If you decide to write a business plan on your own, Skip recommends that your business plan include these 14 key sections, explained below and grouped into 3 sections for clarity - your business plan introduction, your business plan descrip

BUSINESS PLAN

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3 months ago • 4 min read

Small Business Grants Due in January 2025

Looking for grants for your small business or side hustle? Here's the list of grants due in January 2025. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: December 2024 [/blog/small-business-grants-due-in-december-2024] | November 2024 [/blog/small-business-grants-due-in-november-2024] Skip $1k Instant Grants (Several Drawings) Secure a $1,000 grant tailor

SMALL BUSINESS GRANTS

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3 months ago • 1 min read

End-of-Year Business Tips to Save Money and Prepare for Growth

As the year comes to a close, business owners have a golden opportunity to set themselves up for success in the year ahead. From maximizing tax deductions to planning for growth, these actionable tips will help you make the most of the year’s final weeks. And if you’re looking for ways to simplify the process, Skip has tools and services to support you every step of the way. -------------------------------------------------------------------------------- 1. Maximize Tax Deductions Before the

SMALL BUSINESS TIPS

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3 months ago • 3 min read

Building Your Business? Here’s Why Personal Credit Matters More Than You Think

When starting or expanding a business, the subject of credit often arises as an integral component of acquiring funding and other resources. Many entrepreneurs dive into building their business credit [/blog/how-startups-can-establish-business-credit-in-7-simple-steps], believing it to be the ultimate tool for scaling their ventures. While business credit certainly offers undeniable advantages, especially as businesses grow, relying solely on business credit may not provide the level of financia

PERSONAL CREDIT

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3 months ago • 5 min read

How To Keep Your Business Startup Costs Low

Starting a new business can be an exhilarating yet daunting endeavor. One of the most significant challenges for entrepreneurs is managing startup costs. However, there are several effective strategies to minimize expenses without sacrificing quality or efficiency. Here are some practical tips for keeping startup costs low: Buy Used Equipment When launching a business, investing in new equipment can strain your budget. Fortunately, purchasing used equipment is a viable option that can help you

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4 months ago • 3 min read

How To Write a Business Plan Quickly Using AI

Starting a business is an exciting journey, but many entrepreneurs stumble at one of the first steps: creating a business plan. Traditionally, this process can take hours, days, or even weeks to complete. But with advancements in AI technology, crafting a professional, investor-ready business plan can now take as little as 10 minutes. At Skip [https://helloskip.com], we understand that time is one of the most valuable resources for small business owners. That’s why we’ve introduced Instant Bus

BUSINESS PLAN

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4 months ago • 2 min read

Small Business Grants Due in December 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in December 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: November 2024 [/blog/small-business-grants-due-in-november-2024] | October 2024 [/blog/small-business-grants-due-in-october-2024] Skip $1k Instant Grants (Several Drawings) Secure a $1,000 grant tailore

SMALL BUSINESS GRANTS

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4 months ago • 1 min read

Breaking: Corporate Transparency Act Blocked Nationwide

In a major development for small businesses and corporations across the United States, the Corporate Transparency Act (CTA) has been halted nationwide following a ruling by a federal district court in Texas. This decision comes just weeks before the January 1, 2025, compliance deadline, leaving millions of businesses wondering what this means for them. What is the Corporate Transparency Act? The Corporate Transparency Act requires businesses to disclose their beneficial ownership informatio

CORPORATE TRANSPARENCY ACT

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4 months ago • 2 min read

Celebrating Small Businesses Making Big Impacts

At Skip, we are proud to celebrate the incredible achievements of small businesses that embody the spirit of innovation, resilience, and community impact. This year’s holiday highlights showcase entrepreneurs who are breaking barriers, creating opportunities, and uplifting their communities across a range of sectors. Here’s a look at the remarkable businesses shaping the future. Consider Tuck and Bundle [https://helloskip.com/featured?id=tuck-and-bundle&modal=featured-business-detail] , a compa

SMALL BUSINESSES

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4 months ago • 3 min read

Feature Your Business on Skip’s Marketplace in Time for the Holidays

As the holiday season approaches, it’s the perfect time to spotlight your business and attract new customers. That’s why we’re thrilled to offer an exclusive opportunity to showcase your products and services on Skip’s Marketplace—a dynamic platform designed to connect your business with thousands of potential customers during the busiest shopping season of the year. Why Feature Your Business on Skip’s Marketplace? Skip’s Marketplace is more than just a listing—it’s a powerful promotional tool

SMALL BUSINESS MARKETPLACE

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4 months ago • 2 min read

What Trump's Presidency Could Mean for Small Business Owners

As Donald Trump returns to the White House, small business owners across the country are left wondering: What will the next four years hold for us? With nearly 40 million small businesses in the U.S. and an expected 10 million more likely to start over the next four years, Trump’s policies are poised to have a significant impact on our entrepreneurial landscape. In this post, we break down three major areas to keep an eye on during Trump’s presidency set to begin in January 2025. Whether you’re

TRUMP

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5 months ago • 4 min read

Why Improving Your SEO as a Small Business is Now More Important Than Ever

The majority of successful businesses these days achieve their success through their online presence and having a strong SEO - search engine optimization - presence. Building your SEO is the easiest and most effective way to increase your business online presence and attract customers who will be loyal and satisfied. SEO is simply aligning your business’ online content, whether website copy, blog posts, images or other digital content, with what is being searched on Google and other engines. L

SEO

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5 months ago • 3 min read

Small Business Grants Due in November 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in November 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: October 2024 [/blog/small-business-grants-due-in-october-2024] | September 2024 [/blog/small-business-grants-due-in-september-2024] Skip $1k Instant Grants (Several Drawings) Secure a $1,000 grant tailo

SMALL BUSINESS GRANTS

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5 months ago • 2 min read

How We Pick Our $10k Grant Winners at Skip

At Skip, we're dedicated to supporting entrepreneurs through our grant programs. To date, we've given our nearly $500,000 to small businesses across the country. Among these, our $10k grants are the most impactful, allowing us to really get to know the heart and soul of the small businesses in our community. The selection process is rigorous and we take the responsibility very seriously. Here’s a deeper look at how we select our winners and tips on enhancing your application. 📌 Ready to apply

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5 months ago • 3 min read

How to File Beneficial Ownership Information Report for Free

Nearly all US businesses are required to file their Beneficial Ownership Information Report (BOIR) by January 1, 2025. For some reason many companies are charging hundreds of dollars to go to a website for you and type in information - here's how you can file the BOIR accurately yourself. Failing to file on time can subject you to major fines and even up to 2 years of prison time. In this post, we'll answer two things: 1) What is the BOIR and who needs to fill it out and 2) How can you quickly

BOIR

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5 months ago • 2 min read

6 Reasons Why You Need an Updated Business Plan

The business world is as unpredictable as it is exciting. With economic shifts, technological advancements, and changes in consumer behavior, one thing remains constant: the importance of a business plan. A well-crafted business plan is more than a document; it's a compass that guides entrepreneurs and business owners through the complexities of commerce. In this article, we’ll explore why maintaining an updated business plan is not just a formality but a crucial strategy for success, includin

BUSINESS PLAN

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6 months ago • 3 min read

Small Business Grants Due in October 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in October 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: September 2024 [/blog/small-business-grants-due-in-september-2024] | August 2024 [/blog/small-business-grants-due-in-august-2024] Skip $1k Instant Grants for $1,000 Secure a $1,000 grant tailored for sma

SMALL BUSINESS GRANTS

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6 months ago • 3 min read

Free $1,000 Business Grants for All Business Owners & Entrepreneurs

Skip offers $1,000 grants to entrepreneurs and small business owners, with an average of one grant awarded per day. These grants are open to anyone looking to take their business, idea, or startup to the next level. Here’s a breakdown of how the grants work, how to apply, and tips to boost your chances of securing one of these $1K opportunities. 📌 Ready to apply to the next $1,000 instant grant? Find the next one on the Skip Dashboard [https://helloskip.com/dashboard?source=Free1kGrants]. H

BUSINESS GRANTS

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7 months ago • 2 min read

Small Business Grants Due in September 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in September 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: August 2024 [/blog/small-business-grants-due-in-august-2024] | July 2024 [/blog/small-business-grants-due-in-july-2024] Skip $1k Instant Grants for $1,000 Secure a $1,000 grant tailored for small busin

SMALL BUSINESS GRANTS

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7 months ago • 3 min read

Small Business Grants Due in August 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in August 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: July 2024 [/blog/small-business-grants-due-in-july-2024] | June 2024 [/blog/small-business-grants-due-in-june-2024] Skip $1k Instant Grants for $1,000 Secure a $1,000 grant tailored for small businesses b

SMALL BUSINESS GRANTS

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7 months ago • 2 min read

The Power of Business Lines of Credit and Business Credit Cards

Are you a business owner seeking that vital boost for growth? If you have an impressive credit score and limited inquiries, you can utilize business lines of credit and business credit cards [/blog/5-best-business-credit-cards-for-the-small-business-owner] to take your business to the next level. In this post we talk about what's required in most cases for business credit lines or credit cards, share quick tips on these options, and considerations for you to keep in mind when applying. 📌 Pro-

BUSINESS CREDIT LINES

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8 months ago • 2 min read

The Ultimate Guide to Small Business Grants

This is the ultimate guide to small business grants, updated weekly with every single small business and entrepreneur grant that exists in the US. These small business grants range from $1,000 to $50,000 and many are open to all types of entrepreneurs. Grants provide essential support for small businesses and we've categorized the best of the best. No other resource has the most up-to-date grants. If you want daily or hourly grant updates, create a free Skip account here [https://helloskip.com

SMALL BUSINESS GRANTS

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8 months ago • 4 min read

The Ultimate Guide to LLCs

LLCs are one of the most popular structures in the US for small businesses, and for good reason: they are flexible and easy to start and run. LLCs also offer more benefits than other types of entities, like liability protection, ownership control and tax deductions. Many small business owners begin as sole proprietors, but as they grow and hire employees they need an entity that can change with them: enter LLCs. If you are a self-employed small business owner or part of a partnership, an LLC m

FINANCIAL

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9 months ago • 3 min read

Small Business Grants Due in July 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in July 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: June 2024 [/blog/small-business-grants-due-in-june-2024] |May 2024 [/blog/small-business-grants-due-in-may-2024] Skip $1k Instant Grants for $1,000 Secure a $1,000 grant tailored for small businesses based

SMALL BUSINESS GRANTS

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9 months ago • 2 min read

Small Business Grants Due in June 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in June 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: May 2024 [/blog/small-business-grants-due-in-may-2024] | April 2024 [/blog/small-business-grants-due-in-april-2024] Bonus - June Skip Grants for $1,000 Secure a $1,000 grant tailored for small businesses ba

SMALL BUSINESS GRANTS

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10 months ago • 2 min read

Can We Skip to the Grants?

Looking for grants to fuel your business or passion? Skip's grants are now bigger and better than ever. If you could use $1,000, $5,000, $10,000 or more to help your business, here's how you can quickly apply for Skip grants. 📌 Here are the recent Skip grant winners [https://helloskip.com/skipgrants?source=1kgrants] 💸 Apply for the latest Skip grants Every month Skip gives out 3 types of grants: * Instant grants. These are typically $1k grants open to all entrepreneurs that are given

GRANTS

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10 months ago • 2 min read

Small Business Grants Due in May 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in May 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: April 2024 [/blog/small-business-grants-due-in-april-2024] | March 2024 [/blog/small-business-grants-due-in-march-2024] May Skip Grants for $1,000 Secure a $1,000 grant tailored for small businesses based in

SMALL BUSINESS GRANTS

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11 months ago • 2 min read

A New Way to Share Grants

Want to share grants that you've discovered on Skip? The Skip App has brand-new sharing capabilities to make it extremely easy for you to tell others about grants. This is exclusively on the Skip App [https://d.helloskip.com/app]; here's how it works. Sharing Grants Quickly via the Skip App Now on the Skip App [https://d.helloskip.com/app] whenever you're on a funding details page you'll see the airplane share icon on the top right. Click it and you'll see a new sharing interface with integrat

GRANTS

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1 year ago • 2 min read

Small Business Grants Due in April 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in April 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: March 2024 [/blog/small-business-grants-due-in-march-2024] | February 2024 [/blog/small-business-grants-due-in-february-2024] April Skip Grants for $1,000 Secure a $1,000 grant tailored for small businesse

GRANTS

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1 year ago • 2 min read

The Push for COVID EIDL Loan Forgiveness

In a united effort to mitigate the lingering financial challenges wrought by the COVID-19 pandemic on small business owners across the United States, a pivotal petition [https://helloskip.com/eidl-forgiveness-petition?source=SkipBlog] has been launched by Skip on March 19, 2024. Directed at the influential Senate and House Small Business Committees, this petition embodies a critical plea for legislative intervention to support nearly 4 million COVID Economic Injury Disaster Loan (EIDL) borrowers

EIDL FORGIVENESS

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1 year ago • 2 min read

Small Business Grants Due in March 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in March 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: February 2024 [/blog/small-business-grants-due-in-february-2024] | January 2024 [/blog/small-business-grants-due-in-january-2024] March Skip Grants for $1,000 Secure a $1,000 grant tailored for small busin

GRANTS

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1 year ago • 2 min read

EIDL Hardship Accommodation Plan Open To All EIDL Borrowers

The Small Business Administration (SBA) recently announced that all COVID Economic Injury Disaster Loan (EIDL) borrowers have the option of enrolling in the Hardship Accommodation Plan (HAP). Here are the details, what's changed, and the important deadlines to keep in mind. 📌 Pro-tip: If you need 1-1 help with your EIDL loan situation (payments, Hardship, Treasury disputes), you can book a time to talk to someone on the Skip team here [https://helloskip.com/expert-help?source=SkipBlog].

EIDL

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1 year ago • 2 min read

Small Business Grants Due in February 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in February 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: January 2024 [/blog/small-business-grants-due-in-january-2024] | December 2023 [/blog/small-business-grants-due-in-december-2023] February Skip Grants for $1,000 Secure a $1,000 grant tailored for small

GRANTS

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1 year ago • 2 min read

How to Start a Business: Your Step-by-Step Guide

In 2021 the United States saw a phenomenal growth in small business creation — many minority and women-owned, surpassing the 2020 record by a million.

SMALL BUSINESS

In 2021 the United States saw phenomenal growth in small business creation — many minority and women-owned – surpassing the 2020 record by a million.

1 year ago • 7 min read

How Much Does it Cost to Start an LLC?

No matter which state you form your LLC, you are required to pay a series of filing fees. Here's how to budget the costs.

SMALL BUSINESS

No matter which state you form your LLC you are required to pay a series of filing fees. Here's how to budget the costs.

1 year ago • 3 min read

Small Business Grants Due in January 2024

Looking for grants for your small business or side hustle? Here's the list of grants due in January 2024. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: December 2023 [/blog/small-business-grants-due-in-november-2023] | November 2023 [/blog/small-business-grants-due-in-november-2023] Skip $10k 2024 Kickoff Grant for $10,000 An exciting opportunity for en

GRANTS

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1 year ago • 1 min read

The Skip $10K Grant Has Been Extended, Here's Why.

In a significant move to empower US entrepreneurs, the Skip $10K grant [https://helloskip.com/funding-details/10k-skip-grant?source=Blog121523], which was initially set to conclude on December 15, has now been extended until December 31. This two-week extension isn't just a mere prolongation of time; it represents a crucial opportunity for applicants to refine their submissions with a groundbreaking tool at their disposal. The Reason Behind the $10K Extension The primary reason for this extensi

BUSINESS GRANTS

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1 year ago • 2 min read

Navigating SBA EIDL Loan Default: Understanding Your Options

With the recent surge in defaults on Small Business Administration (SBA) Economic Injury Disaster Loans (EIDL), it's crucial for borrowers to understand what happens when they default, the implications of being sent to the Treasury department, and their available options. This post aims to provide a concise guide for those facing such challenges. What Happens When You Default on an EIDL Loan? Immediate Consequences * Sent to Treasury Department: If your EIDL loan default is escalated, the

EIDL LOAN

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1 year ago • 2 min read

Essential End-of-Year Tax Tips for Business Owners and Entrepreneurs

As the year draws to a close, it's crucial for business owners and entrepreneurs to get their financial affairs in order. Effective tax planning can help maximize your savings and set your business up for success in the new year. Here are some essential end-of-year tax tips to consider. 1. Maximize Deductions * Invest in Your Business: Consider making any last-minute purchases that qualify for business deductions. This could include equipment, supplies, or software. * Prepay Expenses:

BUSINESS TAX TIPS

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1 year ago • 2 min read

Small Business Grants Due in December 2023

Looking for grants for your small business or side hustle? Here's the list of grants due in December 2023. To see the latest grants go to the Skip Dashboard [https://helloskip.com/dashboard/?source=Dec23GrantsCollection]. This page is updated weekly with new grants. Past small business grants: November 2023 [/blog/small-business-grants-due-in-november-2023] | October 2023 [/blog/small-business-grants-due-in-october-2023] Skip Grant for Entrepreneurs for $10,000 Small business owner based in t

GRANTS

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1 year ago • 2 min read

Here's How To Look Up All EIDL Transaction Data

Between 2020 and 2022, the Small Business Administration (SBA) approved nearly 4 million COVID EIDL loans to provide relief to small business owners across the US during the pandemic. Here's how to see all approved EIDL loans including your publicly-available EIDL data. As borrowers make repayments, seek deferment, [/blog/extended-relief-sba-eidl-hardship-accommodation-continues-to-support-small-businesses] or file for bankruptcy, now's a good time to double check and see what information the g

COVID EIDL

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1 year ago • 2 min read

Skip Announces a $10,000 Grant to Empower Entrepreneurs and Small Business Owners

FOR IMMEDIATE RELEASE Skip Announces a $10,000 Grant to Empower Entrepreneurs and Small Business Owners New York, NY, November 14, 2023 – Skip [https://helloskip.com], a trailblazer in democratizing access to funding for small businesses and entrepreneurs, is excited to announce the launch of a new $10,000 grant program [https://helloskip.com/funding/10k-skip-grant]. This initiative is designed to support the dreams and aspirations of entrepreneurs and small business owners across the nation,

SKIP GRANTS

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1 year ago • 2 min read

Extended Relief: SBA EIDL Hardship Accommodation Continues to Support Small Businesses

The global pandemic brought unforeseen challenges to small businesses, but relief efforts like the COVID Economic Injury Disaster Loan (EIDL) program have provided a critical lifeline. With over 4 million small businesses benefiting from loans of up to $2 million, the EIDL program has been pivotal in the recovery phase of these enterprises. Initially, the program offered a breathing space through a 30-month deferral on loan payments, although the interest continued to accrue. Recognizing the su

EIDL

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1 year ago • 2 min read

Small Business Grants Due in November 2023

Looking for grants for your small business or side hustle? Here's the list of grants due in November 2023. To see the latest grants go to the Skip Explore page [https://d.helloskip.com/promo]. This page is updated weekly with new grants. Extended: October Skip Grants for $1,000 Small business owner based in the United States can get a chance to win $1,000 grants to help boost their business. Grant Application is extended. Apply by November 6, 2023. Tory Burch Foundation Fellows Program fo

GRANTS

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1 year ago • 1 min read

SBA's New Decision For EIDL Loan Borrowers: What You Need To Know

In a recent development, the Small Business Administration (SBA) has made a significant policy decision regarding Economic Injury Disaster Loans (EIDL) borrowers. This decision has major implications for over 4 million COVID EIDL borrowers, impacting both their financial obligations and future SBA funding. In this blog post, we'll delve into the details of this decision, its potential consequences, and what it means for small business owners across the United States. Watch the video of the news

EIDL

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1 year ago • 2 min read

Small Business Grants Due in October 2023

Looking for grants for your small business or side hustle? Here's the list of grants due in October 2023. To see the latest grants go to the Skip Explore page [https://d.helloskip.com/promo]. October Skip Grants for $1,000 Small business owner based in the United States can get a chance to win $1,000 grants to help boost their business. Apply by October 30, 2023. NAACP Powershift Entrepreneurship Grants for $25,000 Black entrepreneurs across the country are invited to apply immediately for

GRANTS

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1 year ago • 1 min read

Need 1-1 Funding Help For Your Business? Here Are Your Options.

Last week we announced Skip's Summer 2023 Release which outlined 10 major features [/blog/skips-summer-2023-product-release?source=SkipBlog] designed to help small business owners get funding. In this post we go deeper into how you can leverage experts to help you get grants and funding for your business or side hustle. In this post we'll outline how to get 1-1 help applying for grant or loan, putting together a business plan, starting a business, or launching a website. These are new options

SMALL BUSINESS FUNDING

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2 years ago • 2 min read

The Small Business Growth Fund From Hello Alice is Back

The Small Business Growth Fund has opened its last round of 2023. This ongoing grant for small business owners and entrepreneurs is an opportunity to receive a grant of between $5,000 and $25,000. In this post we'll explain who's eligible, how to quickly apply, and what else you should know when applying for this grant. Apply For the Small Business Growth Fund from Hello Alice This grant is open to for-profits located in the US (including Puerto Rico) that grossed less than $1M in 2022. The

GRANTS

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2 years ago • 2 min read

10 Best Ways to Increase Your Credit Score (Up to 100 Points)

Your credit score is crucial if you’re hoping to take on funding for your business. While some lenders will work with borrowers with bad credit scores, you’re likely to get better terms when you have a healthy credit score. September 2023 Update: Low credit scores is the number 1 barrier to small business financing this year. If you want to work with us to improve your credit score, learn more about the Skip 6 month credit assistance program [/blog/what-is-skips-credit-assistance-program]. Con

CREDIT SCORES

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2 years ago • 4 min read

How To Secure Financing For Your Business: A Comprehensive Guide For Every Stage

Navigating the world of business financing can be daunting, especially if you're new to the entrepreneurial scene. Whether you're starting a new venture or looking to grow an established one, the right financing can make all the difference. In this article, we'll explore the various options available based on your revenue and credit standing. Plus, we'll introduce a handy tool, the Skip Funding Match tool [https://helloskip.com/best-funding-options?source=BestFundingOptions], that can help simp

BEST BUSINESS LOANS

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2 years ago • 3 min read

6 Steps to Qualify for a Business Loan

Loan requirements may differ by industry, lender, or even from state to state, so we’ve simplified the process with these six steps for getting your loan requirements in order.

SMALL BUSINESS

Interested in getting a business loan but not sure where to start? Here are six steps you should take to qualify for a business loan.

2 years ago • 6 min read

Small Business Grants Due in September 2023

Looking for grants for your small business or side hustle? Here's the list of grants due in September 2023. To see the latest grants go to the Skip Explore page [https://d.helloskip.com/promo]. September Skip Grants for $1,000 Small business owner based in the United States can get a chance to win $1,000 grants to help boost their business. Apply by September 26, 2023. #SupportSmallBiz Grants for $2,500 Empowering Latino small business owners with $2,500 grants. To kickstart and elevate th

GRANTS

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2 years ago • 1 min read

How Would $5,000 Help Your Business?

The $5,000 Skip Growth Grant [https://helloskip.com/funding/fora5k] is now open for applications and closes on September 30th. How do you enter? Easy! Just tell us on social media how you would use $5,000 to help your business. Looking for inspiration? Here are examples from entries across TikTok, Instagram, and Facebook. See the complete entry rules [/blog/complete-your-application-for-the-5k-skip-growth-grant-powered-by-fora]. Post your image, video, or story today and be sure to tag us and

GRANTS

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2 years ago • 1 min read

Introducing Skip Funding Explore & 10+ Other Features

As part of Skip's 2023 Release, we're introducing major changes to help entrepreneurs at all stages and small business owners. For years, we have witnessed the tenacity of small business owners and entrepreneurs. Their spirit of entrepreneurship is commendable, but it's also evident that securing appropriate funding remains a significant hurdle. Our summer 2023 product release has 10 features geared to help small businesses and entrepreneurs overcome this challenge. Read below for a full summar

SMALL BUSINESS FUNDING

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2 years ago • 2 min read

It's Now Easier to Get SBA 7A Loans

On August 1, 2023, new SBA rule changes to streamline the SBA 7A loan process went into effect. For many small business owners, this will make the SBA 7A loan process easier and faster, and can even help early stage businesses. Here's a summary of the changes and what to consider if you're thinking about an SBA 7A loan. 📌 Want more SBA 7A details? Learn more here [https://helloskip.com/funding/sba7a] and get access to SBA 7A lenders directly. SBA 7A Lenders Can Make Decisions Faster Ther

SBA 7A

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2 years ago • 2 min read

What Type of Business Entity Should You Start?

Are you looking to start a business but aren't sure the best legal structure to choose? According to the SBA, there are currently over 33 million small businesses in the US and there were over 5 million new business applications in 2021 — the most at any point in history. So, whatever you're planning on starting or growing, here's a quick post to help you think through the most common business entity options — sole proprietorship, partnership, LLC, S Corp, C Corp, or B Corp. How to Pick a Legal

SMALL BUSINESS

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2 years ago • 2 min read

The Top 5 Uses Of Small Business Grants in the US

Most grant applications ask this simple but often overlooked question: "What do you plan on using the funding for?" Ever wonder how most small businesses answer this question? We've used AI to analyze thousands of answers to this specific grants question. Based on those answers, here are the top 5 uses of small business grants. 📌 Pro-tip: Prepare for grants and apply faster using the Skip Grants Vault [https://helloskip.com/dashboard/vault]. Top 5 Uses of Grants Funding for Small Businesses A

GRANTS

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2 years ago • 2 min read

The Venmo $10,000 Grants Are Back For Small Businesses

With the early August deadline approaching, here's how to quickly apply to receive one of these $10,000 grants from Venmo, who's eligible, and how to increase your chances of winning. To see all of these details and apply, add the Venmo $10k Grants [https://helloskip.com/funding/venmo] to your Skip Funding Assistant. In this post we'll cover everything you need to know, plus a run-through video from Skip CEO Ryder Pearce is below. Who's Eligible for the Venmo Small Business Grants? Here a

GRANTS

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2 years ago • 2 min read

The Comprehensive Guide to Business Resumes for Entrepreneurs

Entrepreneurship involves a great idea, robust knowledge, and a vast set of skills and experiences. Yet, many business owners overlook one crucial tool: the business resume. Even though business owners aren't job hunting, a well-structured resume detailing their expertise, accomplishments, and qualifications can offer numerous advantages — and is sometimes required. Here's everything you need to know about the business resume. Why a Business Resume is Essential for Entrepreneurs A business res

BUSINESS RESUME

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2 years ago • 2 min read

What Happens If You Default on an SBA Loan?

Understanding the consequences of failing to repay an SBA (Small Business Administration) loan is essential for borrowers. Depending on the specific loan program and terms, there are various potential outcomes. This post will talk about some of the consequences, especially for the COVID EIDL loan program, that has 4 million borrowers with defaults starting to happen. Disclaimer: This is for informational purposes only and is not legal, accounting, or otherwise professional advice. Seek legal a

SBA LOAN

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2 years ago • 3 min read

Here's How To 3X Your Small Business Grant Applications

According to Skip data, the biggest challenge facing small business owners when applying for grants is submitting the actual application on time. This is how you can overcome that challenge and quickly and easily apply for more grants — and increase the chances of getting free money for your business. Copy and Paste Grant Answers Across Multiple Grant Applications Instantly The Skip Grants Vault [https://helloskip.com/dashboard/vault] just launched on the Skip Dashboard. This is a game-changer

GRANTS

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2 years ago • 1 min read

How To Look Like a Professional Business Owner Over Email, Phone, and In Person

In today's interconnected world, it's crucial for businesses to appear legitimate and professional. Consumers are smarter than ever and are looking for certain things when deciding whether or not to trust a business or business owner, so it's essential to make impression from the start. As the old saying goes, "You only get one chance to make a first impression," and this still holds true today. This post will talk about how to look professional online, on the phone, and in person to appear mo

BUSINESS PROFESSIONAL

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2 years ago • 3 min read

$25K US Chamber of Commerce Grant Step-by-Step To Applying Successfully

America's Top Small Business Awards, put on by the US Chamber of Commerce, will honor the achievements of small businesses and highlight their contributions to America's economic growth. In this post and video, we go through the entire application process, from start to finish, and how you can apply quickly before the deadline. We also share tips on how you can maximize your chances of being selected for the $25,000 cash prize. You can see details and apply here [https://helloskip.com/funding/to

GRANTS

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2 years ago • 2 min read

15 Small Business Grants Closing This Month, June 2023

As June and Pride month come to a close, there are a number of small business grant applications that are due soon--15 to be exact. These opportunities are worth a combined ~$200k. These are great opportunities, if you're a small business owner looking for funding, make sure to apply to all you may qualify for! Grant Applications Due in June 2023 * June Skip Grants [https://helloskip.page.link/mpHf] provides 2 $1,000 grants to small business owners. Apply by June 26, 2023 * Female-Founded

GRANTS

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2 years ago • 2 min read

Getting To A Yes In Business Funding

Securing funding is often a critical step for entrepreneurs and businesses looking to start or expand their ventures. However, navigating the complex landscape of business funding can be challenging, with many potential roadblocks along the way. To increase your chances of success, it is essential to understand the process and take strategic steps to get to a "yes" from potential investors or lenders. In this post, we share 12 tips on how you get increase your chances of getting to a "Yes" in

BUSINESS FUNDING

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2 years ago • 4 min read

The Best Small Business Grants For Women in 2023

If you’re a woman- or women-owned business you may be eligible for exclusive access to local, regional, and government grant programs designed specifically for women entrepreneurs.

GRANTS

If you’re a women-owned business and you need capital, look no further. We keep this list of grants updated so you always know where to apply.

2 years ago • 9 min read

The Top 10 Small Business Grants due in June 2023

If you're a small business owner or entrepreneur looking for the best grants now available, here are the top 10 small business grants in June 2023. Don't miss out on these before they become due. We've even added in a few bonus funding opportunities to this list. To see all the latest grants, check out the Skip small business grants funding collection [https://helloskip.com/collections/best-small-business-grants?ref=SkipBlog6923] or download the Skip app [https://d.helloskip.com/app]. #10

SMALL BUSINESS GRANTS

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2 years ago • 4 min read

Want Curated Small Business Grants? Introducing the Skip Funding Collections

Looking for grants specific for your demographic, geography, or type of business? Or, alternatively, looking for non-grant funding options for your business and wondering what the best options are for you? We've launched the Skip Funding Collections, a series of pages with curated grant and funding options. This post goes over the pages, how they work, and how you can best use them to help your business get funding and grow. 📌 Pro-tip: Become a Skip Plus member and get unlimited access to new

GRANTS

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2 years ago • 2 min read

Are Grants Taxable?

Grants provide important capital for small businesses, and unlike loans, you don’t have to worry about paying them back later. However, if you received a grant recently or are considering applying for one, you might be wondering: Are grants taxable? Here’s what you need to know.

GRANTS

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2 years ago • 2 min read

How To Effectively Apply For Small Business Grants

Finding and winning business grants can be even more difficult if your application doesn't stand out. Here's how to effectively apply for small business grants.

SMALL BUSINESS

Finding and winning business grants can be even more difficult if your application doesn't stand out. Here's how to effectively apply for small business grants.

2 years ago • 3 min read

Why Small Business Owners Should Look at CDFIs

Securing financing as a small business can be challenging. Community Development Financial Institutions, or CDFIs, offer impactful support and low-interest financing for small business owners.

SMALL BUSINESS

Securing small business financing can be challenging. Community Development Financial Institutions, or CDFIs, can be your solution. Here's what you need to know.

2 years ago • 3 min read

How to Become a Certified Minority-Owned Business

Each year, the federal government and U.S. corporations set aside a percentage of their annual contract budgets exclusively for minority-owned businesses, and exclusive access to lucrative contracts.

MINORITY-OWNED BUSINESS CERTIFICATION

Each year, the federal government and U.S. corporations set aside a percentage of their annual contract budgets exclusively for minority-owned businesses, and exclusive access to lucrative contracts.

2 years ago • 6 min read

Top Minority-Owned Business Grants for 2022

Designed to level the playing field for for economic opportunity, if you’re a minority-owned businesses, check out these 12 grants for you.

MINORITY-OWNED BUSINESS GRANTS

Looking for minority-owned small business grants? Look no further. We have a comprehensive list of grants and update it frequently so it's always relevant.

2 years ago • 7 min read

SBA Microloans: How to Qualify and Apply

If you’re a small business, either just starting out, or an established enterprise in need of additional working capital — up to $50K — the Small Business Administration’s (SBA) Microloan program was designed for you.

SMALL BUSINESS

If you’re a startup, in need of additional working capital — up to $50K — the Small Business Administration’s (SBA) Microloan program was designed for you.

2 years ago • 5 min read

National Women's Small Business Month is coming. Here's What We're Doing.

October is National Women's Small Business Month, a recognition started by the US Small Business Administration (SBA). Today, there are over 13 million women-owned businesses in the US, making up 42% of all U.S. businesses and generating $1.9 trillion worth of revenue. In honor of this, our team at Skip is featuring women-owned businesses and business owners — and we're giving our grants to women-owned businesses. This is part of the Skip $1,000 Grants that we've been doing for over 2 years, ha

WOMEN OWNED BUSINESSES

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2 years ago • 1 min read

Why Business Coaching Is Essential For Small Business Owners

Running a successful business is incredibly difficult. It requires a combination of strategic thinking, effective leadership, and the ability to adapt to ever-changing market dynamics. While many business owners possess the drive and determination to succeed, they often encounter challenges that can impede their progress. This is where business coaching comes into play. In this blog post, we will explore four compelling reasons why business owners should seriously consider investing in business

SMALL BUSINESS COACHING

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2 years ago • 3 min read

$15K Amazon Grants List of Questions and Sample Answers

The Small Business Grants from Amazon are due soon. In case you're not tracking or haven't seen the application yet, go here [https://helloskip.com/funding/amazongrant]. In this post, we've shared the written questions you'll need to answer for the application and sample answers. We've also created a Google document with the questions you can use to write your answers. Let's dig in. Seeing the Amazon Small Business Grant Application Important note: Before you can see the Application Questi

GRANTS

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2 years ago • 1 min read

SBA Announces Major Changes To Expand SBA 7A Loans

📌 Pro-tip: Want to track and apply for an SBA 7A loan & get recommended SBA lenders? Apply on the Skip Funding Assistant [https://helloskip.com/funding/sba7a]. Today the SBA announced major improvements to its flagship lending programs, the SBA 7(a) and 504 programs, to allow more small business owners to get the funding they need to expand and grow their businesses. These improvements should make it significantly easier for borrowers to find lenders, go through the SBA loan processes, and if

SBA 7A

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2 years ago • 3 min read

The Complete List of Lenders for the SBA Microloan Program — Loans Up to $50,000

The first step to getting an SBA microloan is identifying an approved SBA lender that can approve you for a loan up to $50,000. In this article we share a complete list of SBA microloan lenders and what the SBA microloan program is. 📌 Pro-tip: Want to track and apply for an SBA microloan lender & get recommended SBA lenders? Apply on the Skip Funding Assistant [https://helloskip.com/funding/sbamicro]. How Do I Find a Recommended SBA Microloan Lender? The SBA has an approved list of intermedi

SBA MICROLOAN

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2 years ago • 4 min read

What States Currently Have SSBCI Funding Available?

As part of the American Rescue Plan Act signed into law in March 2021, $10 billion of additional funding was reauthorized for the State Small Business Credit Initiative (SSBCI). The new version of the SSBCI program will provide a combined $10 billion to states, the District of Columbia, territories, and Tribal governments to empower small businesses who are looking for capital. The funds will also support American entrepreneurship and democratize access to startup capital across the country, inc

SSBCI

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2 years ago • 13 min read

The 5 Best Places to Find Grants & Free Business Funding

Looking for funding to start or grow your business? Here are the 5 best places to find and apply for grants so you never miss out on new grants available for you. As a bonus, we include the 4 best alternatives to grants to fund and grow your business. Where's The Best Place to Find Grants That You Can Actually Receive? At any given time, there are thousands of grants available across the US for individuals and small business owners. Making sense of which ones you might be eligible for and figur

GRANTS

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2 years ago • 3 min read

How to Become a Certified Women-Owned Business

If your business is owned and operated by a majority of women, who are all US citizens, you could qualify for certification as a women-owned small business.

CERTIFIED WOMEN-OWNED BUSINESS

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2 years ago • 4 min read

Last Call for These April Grants

March may have been Women's History Month, but there are several exceptional grants for women business owners that are due at the end of April. The Skip Funding Assistant, available on the Skip mobile app and web dashboard, is the perfect tool to help you find, track, and apply for opportunities you might be interested in. The Skip mobile app is available on iOS [https://bit.ly/skipiosapp] and Android [https://bit.ly/skipgoogleplayapp]! In the following we'll share 4 recent funding opportunitie

WOMEN-OWNED BUSINESS GRANTS

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2 years ago • 1 min read

How To Quickly Apply for this New $10K Grant Opportunity

LISC in partnership with Verizon is back with its $10,000 grants program. LISC has given out thousands of grants since it launched this program in 2020, and applications are now open for this years grants. If interested in applying quickly, track this Verizon $10K grant and see the application here [https://helloskip.com/funding/verizon10k]. Watch the step-by-step video below from Ryder. And be sure to check out other grant and funding opportunities on the Skip app due soon. Verizon $10K

GRANTS

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2 years ago • 1 min read

EIDL Hardship Accommodation Can Be Extended

The SBA has confirmed that it's possible to extend the EIDL "Hardship Accommodation" which temporarily reduces the payment amount for EIDL borrowers. For small business owners and entrepreneurs who received EIDL loans and are still facing difficulties with their business cash flow, this is a great option. In this post we go into the details on what you need to know about this EIDL lower payments extension. 📌 Pro-tip: Want to track your EIDL hardship accommodation on your Skip Funding Assistan

EIDL PAYMENTS

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2 years ago • 2 min read

Special Members Invite on Getting Funding, Grants, and EIDL Payments

As we enter into the second quarter of the year, entrepreneurs are presented with an opportunity to reevaluate their business plans and strategize for growth. One of the key elements of growth is funding, and for entrepreneurs seeking to take their businesses to the next level, now is the time to get serious about securing funding. With this in mind, attending upcoming webinars on funding is an excellent way for entrepreneurs to gain insights into the funding process and increase their chances

SKIP PLUS

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2 years ago • 1 min read

How To Lower Your EIDL Payments In Pictures

Are you looking to lower your COVID EIDL payments temporarily to free up cash flow for other parts of your business? Here's an important post on how to lower EIDL payments step-by-step and why more businesses are considering this option. A recording of our members-only Q&A webinar on how to lower EIDL payments is also included here [https://www.youtube.com/watch?v=LwhI1PEYtf0]. Why The SBA Announced the Hardship Accommodation Option In November 2022, the SBA announced the Hardship Accommodation

EIDL PAYMENTS

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2 years ago • 3 min read