Blog
Our team is hard at work keeping you informed on industry news, financing options, and insider tips. Check out some of our most recent articles.
How the Small Business Lending Fairness Act may affect your loan
In December Senators Sherrod Brown and Senator Marco Rubio introduced the Small Business Lending Fairness Act, which is dedicated to helping prevent predatory lending to small businesses. This is a different lending act than the one recently passed in California,...
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Business credit scores: what are they and how will they affect your loan.
Anyone that runs a business knows that cash flow is one of the most challenging components of keeping your business running smoothly. On paper, the balance sheet might look great, but the asset you need to tap to pay employees is a big line item called “accounts payable.”
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Four questions about how CA SB 1235 may impact your loan
Last fall California legislators passed CA SB 1235, a first of its kind law which aims to add transparency to the lending process for small business borrowers. If you operate a business in California the law will certainly affect your future loan applications. However, even if you are located outside of the Golden State, it may still have an impact on business.
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6 Commercial Lending Solutions for 2019
A new year means new opportunities for growth. Your business is a living, growing entity which requires a continual influx of capital. This may come from sales, investors, and commercial financing.
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Trends in Business Lending for 2019
With 2018 coming to a close, it’s time to look at what 2019 has in store for small business lending. 2018 saw the rise of digital lenders and a shift in interest rates as the Federal Reserve began to adjust to the health of the economy, and 2019 promises to be another year of change. Here are 4 trends to be aware of for your commercial financing needs.
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4 Things You Can Do to Prepare for 2019
The year is coming to an end, and with it comes the preparation for a new year. Whether you sit down to write out a list of New Year’s resolutions for your business, or simply review your goals and final results from the past year to translate the data into new targets, annual planning is a priority. Here are some simple steps you can take to make sure that your 2019 is a success.
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Ways your small business can prepare for the holiday season
The holidays are a time of celebration, intense shopping, and preparation for a new fiscal year. Proactive, continual planning and management throughout this busy season can make the holidays less stressful, more enjoyable for you and your employees, and more lucrative for your company.
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The Pros and Cons of Digital Lending Platforms
With another bank joining established online lenders like OnDeck and Kabbage, business owners may again question whether a digital lender is the right solution for their financing needs. While there isn’t a one-size-fits-all answer to this question, considering the benefits and costs of using a digital lender will help you decide what is best for your company
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The Federal Reserve has raised interest rates…what does that mean for your business?
In case you haven’t heard, the Federal Reserve raised the national interest rates this past month. This might seem like the end of the world, but we\’re here to assure you, it’s not. The fed routinely raises or lowers interest rates depending on the health of the economy. However, it is important to understand what that means for your loans and your repayment plans.
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How to best work with the SBA to improve your business.
The Small Business Association can be an invaluable resource for your business. Dedicated to finding capital and other resources for planning and management, the SBA facilitates small business loans, provides grants from research, and provides disaster assistance. However, like any system, it is important to know exactly how they operate in order to get the most out of work or collaborations with them to better improve your business.
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