by fularticles | Sep 21, 2023 | Business Finance, Resources
A Pause in the Interest Rate Hike In an unexpected move, the Federal Reserve decided to hold off on its interest rate hikes, breaking the streak that started in June. This decision comes on the heels of an increase in July when Federal Reserve Chair Jerome Powell...
by fularticles | Sep 20, 2023 | Business Finance, Business Strategy, Resources
In the tumultuous times of the pandemic, the Employee Retention Tax Credit (ERTC) has been a financial lifeline for countless businesses. However, along with the uptick in claims, there has been a significant rise in exaggerated and fraudulent claims. The IRS has...
by fularticles | Sep 18, 2023 | Business Finance, Business Strategy
What is Amortization? Amortization – a word that might seem daunting at first, but in reality, it’s a simple concept that can truly empower you on your financial journey. It’s all about spreading out loan payments over time, combining both the...
by fularticles | Sep 15, 2023 | Business Finance, Education, Resources, SBA
Now and then, a revolutionary idea comes along that changes everything. Today, we spotlight one game-changer in education finance – the SBA Loans for Education. The Mentors of Finance World: SBA Loans SBA, or Small Business Administration loans, are more than...
by fularticles | Sep 14, 2023 | Business Finance, Business Strategy, Resources, Small Business
In an ever-evolving financial landscape, recent concerns have emerged about the potential impact of heightened capital requirements on small businesses’ ability to access credit. These concerns revolve around the Federal Reserve’s Basel III Endgame proposal,...
by fularticles | Sep 13, 2023 | Business Finance, Business Strategy, Resources
Navigating the world of finance can be like learning a new language. With so many terms and phrases to understand, it can be overwhelming. But don’t fret! We at First Union Lending are here to decode some of the most common finance lingo for you. Principle A...
