by admin | Apr 28, 2024 | Business Loan Tips.Understanding Financing
Factoring as a way to grow businesses may be getting a lot of attention these days, but it’s not a new concept. History tells us that the practice of selling accounts receivable for a quick influx of capital came to our shores with the Mayflower. However, it’s been a...
by admin | Apr 14, 2024 | Business Loan Tips.Understanding Financing
Believe it or not, we’re already heading into the second quarter of 2024. Financial performance in the first quarter is encouraging as the year got off to a strong start. While we didn’t see rate cuts from the Fed in the first few months, tech stocks...
by admin | Mar 31, 2024 | Business Loan Tips.Understanding Financing
If you’ve been watching the news, you already know that interest rates have started to level out, but that while reductions in interest rates are pending, businesses still need to access capital in order to serve clients. Today’s rates don’t have to scare...
by admin | Mar 21, 2024 | Business Loan Tips.Understanding Financing
Gone are the days when a small business owner could walk down to their local bank, have a lovely chat with their banker, and walk away with a loan to keep their business afloat. For many of us, those days never existed. The banks we’re familiar with are large...
by admin | Mar 7, 2024 | Business Loan Tips.Understanding Financing
When bridge financing comes up in conversation, many business owners and managers think of short-term real estate funding. Bridge loans are popular with CRE investors because they support a quick close on property while awaiting traditional financing to come through....
by admin | Feb 22, 2024 | Business Loan Tips.Understanding Financing
The Federal Reserve, in an effort to stave off runaway inflation, bumped the Prime Rate up four times in 2023 and a whopping seven times in 2022. As of this writing, the Prime Rate is 8.5%. If you’ve been in the market for a business loan, you might be a bit worried....
