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The Difference Between a Merger and an Acquisition

The Difference Between a Merger and an Acquisition

by First Union Lending | Dec 22, 2021 | Small Business

While the two concepts may have some similarities, critical differences between a merger and acquisition are essential to keep in mind. Yes, they both suggest the coming together of two companies. However, beyond this basic framework, the two terms diverge in...
Key Differences Between an LLC and a Corporation

Key Differences Between an LLC and a Corporation

by First Union Lending | Dec 20, 2021 | Small Business

When creating your business entity, one of the primary questions that you’ll have to ask yourself is whether you want to set your company up as an LLC or whether you wish to incorporate. The two structures have some similarities. The differences are what you...
As The Omicron Variant Spreads, What Can Small Businesses Do?

As The Omicron Variant Spreads, What Can Small Businesses Do?

by First Union Lending | Dec 17, 2021 | Small Business

To say that we’ve gone through a difficult period is an understatement. The pandemic ravaged the economy last year, and unfortunately, with the rise of the Omicron variant, it looks poised to do so again. Fortunately, strategies are being considered, and measures are...
Small Business Loans for Car Dealerships

Small Business Loans for Car Dealerships

by First Union Lending | Dec 16, 2021 | Small Business

If you own a car dealership, you know the demands involved with this type of endeavor. From the on-site time you dedicate to your dealership to the customer service issues to the budgeting required to keep your dealership running smoothly, there are numerous balls in...
A Brief Guide to Short-Term Business Loans

A Brief Guide to Short-Term Business Loans

by First Union Lending | Dec 15, 2021 | Business Finance

As an entrepreneur, you will find that you’re going to need access to additional working capital at some point. What type of loan should you apply for, and what’s more, what is the best use for the funds you receive? In this article, we take a look at short-term...
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