US startups seeking funds shouldn’t overlook financing from the government

What’s the difference between a startup and a small business? Semantics, mostly. As many startups find themselves struggling to raise funds from venture capitalists as financing continues to decline this year, the U.S. Small Business Administration (SBA) could prove to be a powerful resource for capital, even if startups traditionally look for funds from other sources.
Chris Hurn, the founder and CEO of Fountainhead, knows the potential benefits of taking on government financing. Fountainhead is a nonbank lender of government-guaranteed loans. Hurn said the current generation of entrepre

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