Blog

With the sudden increase in online activity due to COVID-19, the world is also seeing the spread of another terrible thing: cyberattacks. In recent weeks, reports have shown that many ransomware hackers are taking advantage of public fears surrounding COVID-19, largely by using phishing emails that encourage you to click on an infected link orRead more

While your business could benefit more from debt financing, there are some lenders that would love to take advantage of you and your business. Predatory loans often use unfair and deceptive tactics that mislead borrowers to keep them trapped in debt so the lender can benefit from fines and fees. If you or your businessRead more

Did you know cybersecurity is important for small businesses? It may seem like hackers, malware, and the like are problems for corporations or larger organizations, but in truth, these threats are real for businesses of all sizes. A Quick Definition of Cybersecurity Before we talk about safeguarding your small business, let’s make sure we understandRead more

As an aspiring or current small business owner, you’ve most likely come to realize that you don’t (and can’t) know everything. The potential roadblocks or issues you encounter as a business owner may be brand new to you, but others have already faced and overcome similar challenges.  That’s where mentorship comes into play. A businessRead more

Build Fund understands that many of our clients have been and will continue to be negatively impacted by the COVID-19 outbreak and the associated social distancing measures put in place by state and local government. As a CDFI, we genuinely care about the well-being of your business, your employees, and your community, and we wantRead more

It’s not a topic many people want to discuss, but preparing for an unexpected death is crucial to ensure your assets are protected, especially as a small business owner. Most people know about personal life insurance and its benefits to the insured’s family, but have you heard about key person insurance for your business? ThisRead more

If you’re here, you probably feel like your business has made it through the first few difficult hurdles and is finally making some profits. You’re ready to grow your business. If you’re ready to expand, congratulations! You’ve made it far in the journey of small business. There are plenty of ways to expand your smallRead more

King Park is excited to announce that both the Build Fund and the Edge Fund received grant awards from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. The CDFI Fund makes grant awards to CDFIs to help them sustain and expand their financial products and services. Grant awards can be usedRead more

A solid business plan is a roadmap to success for any business. If you only have a vague idea of your destination or can only envision the last leg of your journey, then you can’t possibly expect to get there efficiently, or in some cases, at all. While it’s tempting to forgo what might seemRead more

The Build Fund client, Reveal Properties acquires and restores distressed commercial and multi-family properties in downtown Indianapolis. They have a new tenant, Line+Form Art Center, in their building known as the “pagoda.” Line+Form, founded in June 2016 by Fran Samarripa, is a community art center with a focus on process-based art. They host a varietyRead more