IMAGE CREDIT: https://www.getzype.com/ Results of the Q4 2023 Senior Bank Loan Officers’ Survey (SLOS) indicated that most of the respondent banks in the Philippines were able to keep their credit standards for lending to businesses and consumers “generally unchanged” based on the modal approach. 1 Meanwhile, the diffusion index (DI) method 2 showed varied results reflecting a […]
Twenty percent of small businesses fail in the first year. Fifty percent go belly up after five years. Only 33% make it to 10 years or longer, according to the Small Business Administration (SBA). The most common reason businesses fail is lack of capital. So how can you call your business a startup if you […]
Looks like the worst part of the pandemic is over for the sake of small business owners like us and the millions of people that we employ. We are finally seeing light at the end. Now, the main problem for the almost a million small businesses in the country is how to get back on […]
As a small business owner, I often receive emails or chased by ads about online loans. They are tempting, I admit. Loans are a reality of doing business. I have taken on loans to be able to pay my employees. There was a time or two when I had to get a loan to pay […]
