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...
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...
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...
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...
by First Union Lending | Dec 16, 2022 | Business Line of Credit, Resources, Small Business, Technology
If you own a small business, you spend a lot of time and effort ensuring the company runs smoothly. But when scammers go after your business, it can hurt your reputation and your bottom line. Your best protection? Learn the signs of small business scams. Then tell...
