Running a business without a funding backup plan is like skydiving without a reserve parachute—sure, it’s fine… until it’s not.  

This recent SBA loan freeze? Yeah, that’s the universe smacking business owners in the face, reminding them that relying on a single funding source is a terrible idea. If you don’t have a plan B (or C), your business is one “Sorry, we’re out of funds” email away from financial chaos.  

So, let’s talk about how to bulletproof your business against funding disasters. Because hoping for the best without planning for the worst? That’s how businesses go under.  

Why You Need a Backup Plan (And No, "Hoping for the Best" Doesn’t Count)  

Most business owners think they’ll always have access to capital when they need it. But reality has a way of proving otherwise.  

🔴 Banks can reject your loan application.  

🔴 Credit lines can get slashed overnight.  

🔴 Government-backed programs (like SBA loans) can freeze up without warning.  

If any of these happen, ...

Hold onto your coffee, business owners—things just got interesting in the world of SBA funding. ☕

On January 27, 2025, the Office of Management and Budget (OMB) dropped a memo announcing a temporary pause on all federal financial assistance programs, including SBA loans. Yep, that’s right—your funding may be on hold while the government hits the brakes to realign with its new priorities.

Here’s the scoop on what’s happening, why it matters, and how Credit Banc is stepping in to save the day. ⬇️

What’s Going On?

Let’s break this down without the government-speak. Starting January 28, 2025, at 5:00 PM, federal agencies are hitting “pause” on disbursing funds for grants, loans, and other financial assistance programs. This includes SBA loans, which means if you’re mid-application or waiting on funding, you might be stuck in limbo for a bit.

Why? The administration wants to review how these programs align with their priorities. Think of it as a government “audit” to reshuffle the d...

The American Entrepreneur is Not Easily Deterred

One of our organization’s mantras, if not obsession, is our desire to implement systems within our client’s operations to allow for streamlined operations. A beautiful thing occurs when an entrepreneur is not bogged down by administrative muck: he or she is able to dream. When an American small business owner dreams, special things happen. Expansion plans, acquisitions, diversification of product lines: a business owner must have the peace of mind to think in bold macro terms.

This is part of the American historical mindset. Some of the greatest transformative acts in our history came with much resistance. Let us look at several bold, transformative decisions and that decision maker’s ambivalence towards the vehement opposition resulting therefrom.

Acquisition of The Louisiana Territory was a long-term goal of President Thomas Jefferson. Seeking control of the vital Mississippi River port of New Orleans, Jefferson tasked Jimmy Monroe ...

The Truth (Ahem!) Behind the First Assembly Line

“If I Have Seen Further, it is by Standing Upon the Shoulders of Giants” Sir Isaac Newton

The notion of organized systems is ages old with brilliant examples across history.

Adam Smith discussed the division of labor in the manufacture of pins at length in his book The Wealth of Nations published in 1776, apparently a banner year for Americans.

The Venetian Arsenal, a complex of former shipyards and armories clustered together in the city of Venice, dating back to circa 1104, operated similar to a production line. Ships moved down a canal and were fitted by the various shops they passed. At the peak of its efficiency in the early 16th century, the Arsenal employed some 16,000 people producing one ship each day, and could fit out, arm, and provision a newly built galley with standardized parts on an assembly-line basis. Although the Arsenal lasted until the early Industrial Revo...

One of the most shocking things that small and mid-sized business owners discover – as with talk with them on a daily basis – is that the bank business loan application process is excessively long. We’re talking several months here, not weeks.

What’s behind the massive delay? It’s that banks frankly don’t want to give business loans to small and mid-sized business owners. They want to focus on larger businesses with deep pockets, and of course, boosting commercial and residential mortgages, selling mutual funds and other investments, and promoting their beloved HELOCs. 

Of course, banks don’t want to come out and tell small and mid-sized business owners to take a hike. It’s not good public relations. And so they’ve made their business loan application process excessively, and in many cases prohibitively long. At the same time, they’ve dramatically hiked their business loan requirement criteria, and the due diligence process is more invasive than ever before.

The bottom-line for smal...