by First Union Lending | May 3, 2022 | Business Finance
Small businesses are hurting everywhere right now. From Maine to New Mexico, small business owners are feeling the crunch. Between pandemic recovery and soaring inflation rates, America’s smaller companies can’t win right now. Fortunately, the states are starting to...
by First Union Lending | May 2, 2022 | SBA
The SBA Community Advantage program helps lower-income entrepreneurs access the capital they need to keep their businesses up and running. It also helps borrowers who are located in underserved communities. Recently, the SBA Community Advantage loan program underwent...
by First Union Lending | Apr 29, 2022 | Business Strategy, Resources
According to the IRS, “A sole proprietor is someone who owns an unincorporated business by himself or herself.” Often, those new to the business will start a sole proprietorship. This is the most accessible business type to set up and the least expensive. Versus an...
by First Union Lending | Apr 29, 2022 | Business Finance
The pandemic proved a problematic trial for many small businesses across the country. And now, as we slowly recover, small businesses are again facing almost impossible hurdles in some circumstances. Inflation, supply chain issues, and labor issues are all crippling...
by First Union Lending | Apr 28, 2022 | Resources
April 28 marks Take Your Kids to Work Day. This is not just a “career day” per se, but it is also a chance to show children what their parents do day in and day out. It is both a shadowing experience and a time for kids to understand what is involved in their parents’...
