by First Union Lending | Apr 8, 2022 | SBA
Getting an SBA loan can be somewhat lengthy, especially if you don’t know what information is needed on the application. This is why we’ve broken it down step-by-step so you can be better prepared for what’s involved in the process. Step 1: Make Sure...
by First Union Lending | Apr 8, 2022 | Business Strategy
Can small businesses battle through the current level of inflation that we are experiencing? Can they stay afloat in this challenging economy? According to a recent survey, over 40% of small businesses said that their main concern was inflation, which is becoming...
by First Union Lending | Apr 7, 2022 | Small Business
There does seem to be some good news on the business horizon. According to the US Census Bureau’s Small Business Pulse Survey, as of March of this year, just over 20% of US businesses are reporting that they are nearly back to or resumed average operation levels....
by First Union Lending | Apr 6, 2022 | Business Finance
When it comes to getting a business loan in Virginia, there are a few things that you should know going into the process. The process is not nearly as complicated as many people make it out to be. Whether you’re located in Richmond, Arlington, or Williamsburg, you...
by First Union Lending | Apr 5, 2022 | Business Strategy
In recent years, the number of scams perpetrated against small businesses has increased dramatically. Across the world, companies lose almost $50 billion every year due to small business scams and other types of scams. Among the more popular small business scams,...