About half a million small businesses will be started this year, according to SBA data, or about 42,000 in the month of November, which was proclaimed by President Obama and National Entrepreneur Month.
“What a great testament it is, to the energy and creativity of the American people, that so many endeavor to start their own businesses”, observed Norris Lozano, CEO of BusinessUS, a non-bank provider of SBA 7(a) loans. “Under any circumstances, it’s phenomenally complex and difficult to start a company. And these days, even more so. This month we have celebrated our fellow entrepreneurs, and look forward to continuing to help them achieve their goals.”
BusinessUS is working to identify and assist entrepreneurs, franchisees, and other small business owners nationwide with their lending needs by providing SBA 7(a) loans.