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...
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...
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...
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...
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...