What Banks Look for When Deciding on a Business Loan

  • Posted by Breeanna McBee
  • On August 2, 2021
I spend a lot of time here at the SBDC working with clients on financial issues for their businesses.  A lot of the time, it involves applying for a business loan.  Folks often don’t have a good understanding of what a bank will be looking for when making a lending decision.   The basic idea […]
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Do you have enough capital to start your business?

  • Posted by Breeanna McBee
  • On March 18, 2021
  One of the things we talk about as a significant failure factor for new businesses is being under-capitalized when they start.  Undercapitalizing is simply a fancy finance term for underestimating how much money it will really take to (1) get the business started and (2) to cover initial losses while sales ramp up before […]
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Photographer pivots business amid pandemic, with help from UGA SBDC

  • Posted by Breeanna McBee
  • On February 19, 2021
In the spring of 2020, photographer Diane Dodd’s business came to a complete halt due to COVID-19. Dodd is the owner and photographer of Diane Dodd Photography, a Savannah-based business focusing mainly on family, elopements and engagement photography.     “When the Coronavirus hit, it completely canceled all of my bookings in the spring, I […]
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A Successful Startup Amid a Pandemic

  • Posted by Breeanna McBee
  • On November 15, 2020
When Atlas Medical Services, opened on December 1, 2019, they had no idea a word-wide pandemic would strike a few months later.   Atlas Medical Services is more than your typical medical transport team. Medical transport is just one of the many services they offer. They also provide educational classes in an array of areas, […]
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Performance Trucking in Lawrenceville, GA

  • Posted by Breeanna McBee
  • On October 28, 2020
Working Behind the Scenes to Keep Shelves Stocked   There’s a reason your favorite grocery store remained stocked during the pandemic – logistics companies like Performance Trucking, Inc. worked around the clock to deliver food and essential products to supermarket chains across the United States.   Performance Trucking, headquartered in Lawrenceville, GA, utilized its current […]
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Burt’s Pumpkin Farm in Dawsonville, GA

  • Posted by Breeanna McBee
  • On October 27, 2020
North Georgia farm has success with strawberries and pumpkins despite pandemic, thanks to UGA Johnny and Kathy Burt’s first year farming strawberries was nearly a disaster.   COVID -19 hit just two weeks before the berries ripened and their first spring strawberry festival was to begin.   “That wasn’t possible. We were on pins and […]
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