Small Business Loans

7 11, 2023

IRS Suspends Processing New ERTC Claims/Intensifies Review Process: What You Need to Know

2023-11-07T21:20:46+00:00

Do you know the IRS has stopped processing new Employee Retention Tax Credit (ERTC) claims? As you may be aware, the ERTC was introduced during COVID. The tax credit was intended to address three different situations:   To offer money back or help employers that retained their employees during the midst of the pandemic To [...]

IRS Suspends Processing New ERTC Claims/Intensifies Review Process: What You Need to Know2023-11-07T21:20:46+00:00
24 10, 2023

How Small Business Loans Can Help Women Thrive in Business

2023-10-24T22:31:04+00:00

Attention all women entrepreneurs! Are you ready to unlock your full potential and take your business to new heights? Look no further than a small business loan – the key to fueling your dreams and powering your success. With the right financial support, you can overcome any obstacle and thrive in the competitive world of [...]

How Small Business Loans Can Help Women Thrive in Business2023-10-24T22:31:04+00:00
21 10, 2023

5 Ways to Take Advantage of Alternative Lending During The Holidays

2023-10-21T14:14:39+00:00

Every year, it seems the holiday season unofficially starts earlier and earlier. This is being written in October; it’s not even Halloween and yet we’re seeing Santas in full force in many brick-and-mortar stores as well as online shops. The December holidays are anticipated with great glee by many people and it’s meant to be [...]

5 Ways to Take Advantage of Alternative Lending During The Holidays2023-10-21T14:14:39+00:00
11 10, 2023

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners

2023-10-11T03:53:32+00:00

Since the end of September, over 17,000 members of the United Auto Workers (UAW) have been on strike against Detroit’s Big Three auto companies. Their demands include the following: A 46% pay increase A four-day work week with overtime pay beyond 32 hours Union representation at new electric battery plants The end of employment tiers [...]

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners2023-10-11T03:53:32+00:00
6 10, 2023

5 Ways Alternative Lending Can Help You Get Funding When Banks Aren’t Lending

2023-10-11T03:48:23+00:00

There are many reasons why it may be challenging for business owners to receive bank loans. Let’s start with the age of the business. Most traditional banks won’t risk lending to businesses without a proven track record—perhaps of at least five years. Now how about why you need the loan. If the reason is to [...]

5 Ways Alternative Lending Can Help You Get Funding When Banks Aren’t Lending2023-10-11T03:48:23+00:00
23 09, 2023

Retail Business Loans

2023-09-23T21:27:39+00:00

The retail industry is evolving and if you own a business in this sector you need to be aware of the trends and respond appropriately to thrive and perhaps even survive. According to Square, the top retail trends right now are as follows:   Expanding where they sell to more digital channels Planning for economic [...]

Retail Business Loans2023-09-23T21:27:39+00:00
15 08, 2023

Loan Stacking Definition, Benefits, and Alternatives

2023-08-15T03:57:54+00:00

Given what’s happened over the last several years—including the pandemic, significant supply chain issues and rising inflation—starting and maintaining a thriving business is certainly challenging. You know the old saying—you need to spend money to make money—but that means you need to have the money to spend.   With banks cutting down on lending to [...]

Loan Stacking Definition, Benefits, and Alternatives2023-08-15T03:57:54+00:00
24 05, 2023

How to Finance Your Plumbing Business

2023-05-24T21:56:59+00:00

It’s a good time to be a plumber. According to the Bureau of Labor Statistics, the average expected job growth over the next 10 years for plumbers and related occupations is 14%, compared to just 5% for other industries. Even so, there will be challenges, especially since 75% of tradespeople are expected to retire in [...]

How to Finance Your Plumbing Business2023-05-24T21:56:59+00:00
10 04, 2023

What You Need To Know If Your Lender Requires a Personal Guarantee

2023-04-10T18:34:47+00:00

You’ve probably heard the old saying, “you need to spend money to make money.” Anyone who owns a small- or medium-sized business probably knows that to be true. And many owners also quickly learn that it may be necessary to borrow money at some point either to get through a dry spell or take advantage [...]

What You Need To Know If Your Lender Requires a Personal Guarantee2023-04-10T18:34:47+00:00
24 01, 2023

Home Healthcare Business Loans

2023-01-24T18:13:43+00:00

The U.S. population is aging, and that’s good news for many service providers, including the home healthcare industry—which is projected to grow at a breathtaking pace through 2031. According to the U.S. Bureau of Labor Statistics, employment in the sector will jump by 21%, with over 700,000 jobs added annually. That percentage is triple the [...]

Home Healthcare Business Loans2023-01-24T18:13:43+00:00
16 01, 2023

Plumbing and HVAC Business Loans for Contractors

2023-01-16T20:09:10+00:00

The outlook for the plumbing and HVAC industries is decidedly mixed. On the plumbing side, after several years of growth, the industry is poised to notably slow down due to the combination of higher mortgage rates, residential construction slows, and labor shortages. On the HVAC side, while those same issues will have some effect, the [...]

Plumbing and HVAC Business Loans for Contractors2023-01-16T20:09:10+00:00
21 12, 2022

Federal Reserve Clamps Down On Inflation And The Impact on Small Business

2022-12-21T02:04:52+00:00

It’s no secret that inflation has been exceptionally high this year and the Federal Reserve has been taking steps to help tame it, specifically raising interest rates at an unprecedented pace. The hope is that rate hikes will temper demand for consumer goods and services by making it more expensive to borrow money.   There [...]

Federal Reserve Clamps Down On Inflation And The Impact on Small Business2022-12-21T02:04:52+00:00
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