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Pros and Cons of an SBA Loan

Pros and Cons of an SBA Loan

by First Union Lending | Jan 24, 2023 | Business Finance, Resources, SBA, Small Business

Small business loans can be difficult to come by. Either you don’t have enough years in business, perhaps not enough revenue, or lack of collateral, all factors that prove hindrances when you go to apply for a loan. This is precisely the reason why U.S. Small...
The Secret Banks Don’t Want Small Businesses to Know

The Secret Banks Don’t Want Small Businesses to Know

by fularticles | Jan 23, 2023 | Business Finance, Resources, Small Business

Here’s the secret that banks don’t like to admit: Banks hate giving money to small businesses. That’s why it’s so hard to get small business financing from a typical bank. According to the U.S. Small Business Administration, a small business refers...
Top Four Small Business Tax Mistakes

Top Four Small Business Tax Mistakes

by First Union Lending | Jan 23, 2023 | Business Finance, Business Strategy, Resources, Small Business

As a small business owner, having the right tax strategy could help you avoid costly mistakes when filing and paying taxes. Accidentally failing to comply with tax laws, violating tax codes, or filling out forms incorrectly can leave taxpayers and their businesses...
10 Best Seasonal Business Ideas for 2023

10 Best Seasonal Business Ideas for 2023

by First Union Lending | Jan 20, 2023 | Business Strategy, Resources, Seasonal Busiiness, Small Business

Owning any small business takes hard work and dedication. But unlike more traditional year-round business models, seasonal small businesses offer unique profit opportunities and challenges for entrepreneurs. Seasonal businesses range from hotels to summer camps and...
10 Money-Saving Tax Tips for Small Business Owners

10 Money-Saving Tax Tips for Small Business Owners

by First Union Lending | Jan 19, 2023 | Business Finance, Business Strategy, Resources, Small Business

If you’re a small business owner, it’s always a smart idea to evaluate your business tax strategy and make some adjustments in anticipation of tax season in April. Keep these tax tips from the IRS Taxpayer Advocate Service in mind throughout the year, so...
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