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Four Tools for Surveying Your Customers and Clients

Four Tools for Surveying Your Customers and Clients

by First Union Lending | Dec 23, 2022 | Business Strategy, Resources, Small Business, Social Media

For entrepreneurs, meeting and satisfying your customer’s needs could well be the single biggest factor in achieving small business success. With that in mind, surveys can help you understand your customers and their changing needs and perceptions. You might...
Invoice Factoring for Small Business: Pros and Cons

Invoice Factoring for Small Business: Pros and Cons

by First Union Lending | Dec 22, 2022 | Business Finance, Resources, Small Business

Invoice factoring is a way for businesses to fund cash flow by selling their unpaid invoices to a third party (a “factor” or “factoring company”) at a discount in exchange for cash upfront. Let’s review the pros and cons to consider...
Three Best Small Business Loans for Bad Credit

Three Best Small Business Loans for Bad Credit

by First Union Lending | Dec 21, 2022 | Business Finance, Business Strategy, Resources, Small Business

Are you concerned that having a low credit score will keep you from getting a small business loan? Stop worrying. You can still get small business loans for bad credit. Because of the emergence of alternative lenders, like First Union Lending, small business...
Good Business Debt vs. Bad Business Debt: What are the Differences?

Good Business Debt vs. Bad Business Debt: What are the Differences?

by First Union Lending | Dec 20, 2022 | Business Finance, Business Strategy, Resources, Small Business

You might have grown up thinking that all debt is bad. It’s undeniably true that taking on too much debt could put your business in danger of folding. But history also shows that getting the right small business loan can be a highly effective way to build a...
Three Tips to Raise Your Business Credit Score Fast

Three Tips to Raise Your Business Credit Score Fast

by First Union Lending | Dec 19, 2022 | Business Finance, Business Strategy, Resources, Small Business

Different from a personal credit score, your business credit score is focused precisely on your business. This means it takes into account your timelines as far as payments to creditors and suppliers. Have you missed payments? Is everything up to date? Additionally, a...
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