7 08, 2022

How Businesses Survive a Recession and Thrive

2022-08-07T19:33:54+00:00August 7th, 2022|Categories: Trending|

If your business survived all the challenges created by the pandemic, you may feel you deserve a well-earned “breather” to enjoy your accomplishment. Unfortunately, there’s another potential challenge coming your way if predictions of a recession hold true.   As you may know, a recession is defined as two consecutive quarters of negative economic growth. [...]

19 07, 2022

How Business Owners Are Addressing Inflation

2022-07-19T00:31:55+00:00July 19th, 2022|Categories: Reshoring, Small Business Loans, Trending, Working Capital Loans|

It’s a tough time to be a small business owner. Supply-chain issues and workforce challenges are having a negative effect on just about all businesses, but inflation seems to be the biggest culprit—for 91% of small businesses according to a recent Goldman Sachs survey—with increasing energy costs, in particular, playing havoc with bottom lines.   [...]

8 07, 2022

3 Reasons Why Companies Are Reshoring (During Rising Inflation)

2022-07-08T23:44:20+00:00July 8th, 2022|Categories: Reshoring, Trending|

“Made in America” is seeing a resurgence, due in large part to what happened to the global supply chain during the pandemic. According to the Reshoring Initiative’s latest Data Report, reshoring and foreign direct investments job announcements hit a record in 2021. The report notes that the year-over-year increase is almost exclusively due to companies [...]

21 03, 2022

Cannabis Business Loans — Part 1

2022-03-21T22:48:44+00:00March 21st, 2022|Categories: Line of Credit, Merchant Cash Advance, Small Business Loans, Trending, Working Capital Loans|

While more and more cannabis businesses are being recognized as legitimate operations, the path to financing in this industry is still a bit murky. Cannabis remains a Schedule I controlled substance on a federal level, so even if it’s legal in your state, you won’t be able to get a cannabis business loan from a [...]

10 02, 2022

Impact of Inflation on Businesses 2022

2022-02-10T21:11:36+00:00February 10th, 2022|Categories: Covid-19, Small Business Loans, Trending|

The best-laid plans for many businesses have been rudely thrust aside for the last couple of years, with the COVID-19 pandemic causing a significant upheaval to business as usual. While there seems to be light at the end of the tunnel, with the number of new cases finally starting to subside, the reality of inflation [...]

14 01, 2022

California’s Landmark Electric Truck Mandate: How It Will Affect Businesses

2022-01-14T03:37:42+00:00January 14th, 2022|Categories: Equipment Financing, Small Business Loans, Trending, Working Capital Loans|

Following on the heels of the Advanced Clean Trucks (ACT) Regulation approved by the California Air Resources Board (CARB) to accelerate the first wave of zero-emission trucks, Senate Bill 372 was passed last year to provide financial incentives for affected businesses. These measures aim to improve air quality and help the state achieve its aggressive [...]

7 01, 2022

COVID-19 EIDL Deadline Ends: Other Business Lending Options

2022-01-07T00:08:11+00:00January 7th, 2022|Categories: Covid-19, Trending|

Just weeks into 2022, many small businesses are still struggling to overcome the ongoing challenges posed by the pandemic. A number of loan programs were put into place to help support business owners grappling with everything they’ve had to face as a result of COVID-19’s consistent spread, but the two most widely used—the Paycheck Protection [...]

15 12, 2021

Having A Hard Time Hiring?

2021-12-15T03:24:58+00:00December 15th, 2021|Categories: Equipment Financing, Small Business Loans, Trending, Working Capital Loans|

If your business has committed to a new project that requires hiring new people, and you are finding it difficult to find quality employees, you are not alone. A nationwide hiring shortage has resulted in a job seeker’s market—there’s a lot to choose from, so people are being really selective. At a recent job fair [...]

8 12, 2021

U.S. Businesses Are Bullish Despite Ongoing COVID Threat

2021-12-08T16:55:37+00:00December 8th, 2021|Categories: Covid-19, Equipment Financing, Line of Credit, Trending, Working Capital Loans|

The last year+ has certainly been challenging for all business owners. “Business as usual” went out the window as everyone faced unique obstacles resulting from the pandemic. While the U.S. is not out of the woods yet, there seems to be a cautious optimism that the worst is behind us, and a “new normal” is [...]

19 11, 2021

Business Lines of Credit and Inventory Financing for Dropshipping Companies

2022-05-27T05:26:30+00:00November 19th, 2021|Categories: Dropshipping, Trending, Working Capital Loans|

The flexibility of a business line of credit—which allows you to draw against a pre-approved amount of funding and only pay interest on the funds borrowed—makes it a good option for many companies, including drop shippers. Inventory financing may also be something to consider. What is Dropshipping? It’s an order fulfilment method where stores don’t [...]

11 11, 2021

SBA announces new changes for EIDL for small businesses

2021-11-11T02:46:13+00:00November 11th, 2021|Categories: Covid-19, Small Business Loans, Trending|

The Small Business Administration (SBA) is certainly not immune to the havoc caused by the pandemic to many small businesses. As a matter of fact, it’s just retooled its Economic Injury Disaster Loan (EIDL) program, so even if you were previously turned down for an EIDL, the SBA suggests you reapply. “Our mission-driven SBA team [...]

11 10, 2021

Overcoming Supply Chain Shortages for Businesses with Bad Credit

2021-10-11T04:25:13+00:00October 11th, 2021|Categories: Bad Credit Business Loans, Covid-19, Trending|

The pandemic has affected everyone’s life in one way or another. If you own a business, you may very well be experiencing supply chain disruptions that are having a negative effect on your ability to serve your customers. According to a national survey done in September 2021 by the NFIB Research Center: Half of small [...]

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