Fort Financial blog

A business loan can help you grow your small business—it can get you the funds to invest in equipment, more retail space, new employee talent, additional goods for sale, and much more. Before you rush into your local lender to fill out a loan application, you need to make sure the loan makes good business sense for your company and for the lender. After all, lenders want to ensure they’ll be repaid! Fort Financial's business banking team has more than 50 years of combined experience and is committed to strengthening the communities where our members live, work and serve. We offer term, real estate, construction, business vehicle and agricultural loans along with lines of credit. Learn more about how Fort Financial can help fortify your business here.

As important as business credit is to the life and future of small businesses, a shocking number of small business owners don’t know about this important financial asset and instead turn to personal credit cards when they need to pay for advance purchases. Even before the pandemic, surveys by the National Small Business Association revealed that up to 27 percent of businesses said they were unable to obtain the funding they needed. This means a lack of funding was the primary reason they were unable to grow their business.