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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...
Unveiling Fintech Myths – Separating Fiction From Financial Facts

Unveiling Fintech Myths – Separating Fiction From Financial Facts

by fularticles | Oct 9, 2023 | Business Finance, Business Strategy, Resources

First Union Lending is enthusiastic about empowering our clients with the facts – helping clear away misunderstandings while paving the way to financial freedom. In light of that mission, let’s dive into some common misconceptions surrounding finance and...
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