credit Archives

31 Jul 25

What It Really Takes to Get a Business Loan — And How the BBRC Can Help You Get There

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When you’re ready to grow your business, applying for a business loan is often a critical step. Whether it’s to expand operations, purchase equipment, or boost working capital, outside financing can make a big difference. But getting approved isn’t about filling out a form and hoping for the best—it’s about…

18 Jun 25

The Top 10 Hidden Realities of Starting a Business

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Starting a business is often glamorized. From social media entrepreneurs showcasing success stories to motivational content encouraging you to “be your boss,” it’s easy to get swept up in the excitement of entrepreneurship. But behind the glossy highlight reels are the unspoken truths that can make or break a business—and…

05 Jun 25

A Season for Growth: What Summer Means for Small Business Owners in Birmingham

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As the summer sun rises over Birmingham, Alabama, nature enters a season of bold color, long days, and new life. For small business owners, June isn’t just another month on the calendar—it’s a chance to embrace that same spirit of growth and renewal. Summer Is a Metaphor for Momentum Just…

22 May 25

The Widening Racial Wealth Gap

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Recent data confirms a troubling truth: the racial wealth gap in the United States is not only persistent—it is widening. For Black small business owners, this growing disparity poses both challenges and opportunities that must be addressed with urgency and strategic action. The Numbers Behind the Gap According to the…

May 2, 2025
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Overcoming Obstacles to Bonding for Public Contracts For many small business owners, especially contractors looking to work with cities, counties, or utilities, bonding is a gateway to growth. But too often, it becomes a barrier instead. Public entities typically require performance and payment bonds before awarding work. These bonds protect…

01 May 25

How One Networking Event Led to a Game-Changing Contract for Q Rock Movers

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Meet LeNardo Oliver, Co-Owner of Q Rock Movers LLC, and learn how a BBRC connection helped take his business to the next level. Four years ago, LeNardo Oliver hustled daily to find steady work. As the co-owner of Q Rock Movers LLC, a dump truck hauling company, he often picked…

23 Apr 25

April Is Financial Literacy Month: Empowering Communities Through Education and Visionary Leadership

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April is recognized as National Financial Literacy Month in the United States—a time set aside to emphasize the importance of financial education and promote access to tools and resources that help individuals make informed decisions about their money. Established in 2004, Financial Literacy Month encourages organizations, schools, and communities to…

21 Feb 25

Carrying Forward the Dream: How Dr. A.G. Gaston’s Legacy Inspires Bob Dickerson and the BBRC This Black History Month

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Every February, communities across the United States celebrate Black History Month—a time to reflect on the achievements, struggles, and enduring spirit of Black Americans. When we honor history’s greatest trailblazers, our attention often goes to icons of civil rights and social justice. Yet, there is another essential dimension to Black…

14 Feb 25

Economic Justice and the Legacy of Martin Luther King Jr.: How Bob Dickerson and the BBRC Continue the Dream

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When most people reflect on Dr. Martin Luther King Jr., they often recall his rousing speeches on civil rights, equality, and the moral imperative to eradicate racism in America. While these efforts were undeniably central to the national conversation, Dr. King’s vision also encompassed an equally urgent matter: economic justice.…

13 Feb 25

Credit Repair vs. Credit Building: What’s Best for Your Business?

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For many entrepreneurs, credit is the foundation of financial success. Whether you’re launching a startup or expanding an existing business, your credit profile affects your ability to secure loans, attract investors, and negotiate better terms with suppliers. However, there’s often confusion between credit repair and credit building—two distinct strategies that…

07 Feb 25

Empowering Black Entrepreneurship: How Bob Dickerson and the Birmingham Business Resource Center Are Making History

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In the tapestry of Black history, the narratives we celebrate most often revolve around the champions who propelled progress despite adversity—from civil rights leaders and groundbreaking educators to trailblazing entrepreneurs who reimagined what Black economic empowerment could look like. In Birmingham, Alabama, one such champion is Bob Dickerson, whose work…

December 7, 2024
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I’ve seen several ads from companies that promote small business loans. Most seem to target businesses who can’t or who don’t believe that can get bank financing. Lets be clear, banks are conservative and there are many, deserving entrepreneurs who are in the market for financing but, aren’t deemed “bank…

15 Sep 23

Access to Capital through FinTech

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Access to capital is like the heartbeat of small businesses, driving growth and innovation. But here’s where things get interesting: fintech companies have swooped in, like modern-day superheroes, with solutions tailor-made for business owners like you. Picture this: a world where funding isn’t a complex puzzle, but a path paved…

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