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The Impact of Federal Rate Hikes on Small Businesses

The Impact of Federal Rate Hikes on Small Businesses

by fularticles | Oct 16, 2023 | Business Finance, Business Strategy, Resources, Small Business

According to Kevin O’Leary, one of the most influential figures in the finance sector, the recent rate hikes imposed by the federal government have put small businesses in a precarious position. It’s becoming increasingly difficult for small businesses to...
Harnessing the Power of Invoice Factoring with First Union Lending

Harnessing the Power of Invoice Factoring with First Union Lending

by fularticles | Oct 13, 2023 | Business Finance, Business Strategy, Resources

What is Invoice Factoring? Invoice factoring is a powerful financial tool that can change how businesses manage their cash flow. It’s a service where businesses sell their outstanding invoices to a factoring company, turning their pending payments into immediate...
How Banks Can Thrive Amidst Rising Interest Rates

How Banks Can Thrive Amidst Rising Interest Rates

by fularticles | Oct 12, 2023 | Business Finance, Resources

The Warning from Wall Street Jamie Dimon, the CEO of JPMorgan Chase, recently sounded the alarm on the potential for interest rates to climb as high as 7%. His warning serves as a wake-up call to those who may have overindulged in risk when rates were at an all-time...
The Impact of the SBA’s Prime Grant in 2023

The Impact of the SBA’s Prime Grant in 2023

by fularticles | Oct 11, 2023 | Business Finance, Business Strategy, Resources, SBA

In 2023, the Small Business Administration (SBA) committed $8 million to a game-changing initiative known as the Prime Grant. This program has since paved a path for micro-entrepreneurs, particularly those facing economic challenges, to alter their trajectories and...
A Practical Guide for Negotiating Favorable Business Loan Terms

A Practical Guide for Negotiating Favorable Business Loan Terms

by fularticles | Oct 10, 2023 | Business Finance, Business Strategy, Resources

In today’s cutthroat business landscape, securing favorable loan terms is vital to your company’s success and growth. Whether you’re launching a new venture or expanding an existing one, mastering negotiation tactics with lenders can significantly...
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