by First Union Lending | Jan 30, 2023 | Business Finance, Business Strategy, Resources, Small Business
With rising inflation, most small businesses have been faced with increased operational expenses. Inflationary pressures are forcing business owners to find new ways to lower their overhead costs. Cutting costs isn’t just a smart move for many companies. It is...
by First Union Lending | Jan 24, 2023 | Business Finance, Resources, SBA, Small Business
Small business loans can be difficult to come by. Either you don’t have enough years in business, perhaps not enough revenue, or lack of collateral, all factors that prove hindrances when you go to apply for a loan. This is precisely the reason why U.S. Small...
by fularticles | Jan 23, 2023 | Business Finance, Resources, Small Business
Here’s the secret that banks don’t like to admit: Banks hate giving money to small businesses. That’s why it’s so hard to get small business financing from a typical bank. According to the U.S. Small Business Administration, a small business refers...
by First Union Lending | Jan 23, 2023 | Business Finance, Business Strategy, Resources, Small Business
As a small business owner, having the right tax strategy could help you avoid costly mistakes when filing and paying taxes. Accidentally failing to comply with tax laws, violating tax codes, or filling out forms incorrectly can leave taxpayers and their businesses...
by First Union Lending | Jan 19, 2023 | Business Finance, Business Strategy, Resources, Small Business
If you’re a small business owner, it’s always a smart idea to evaluate your business tax strategy and make some adjustments in anticipation of tax season in April. Keep these tax tips from the IRS Taxpayer Advocate Service in mind throughout the year, so...
by First Union Lending | Jan 4, 2023 | Business Finance, Business Strategy, Resources, Small Business
Bigger is often better, especially when it comes to growing your small business. However, your business may not have enough working capital readily available to take advantage of potential growth opportunities. Fortunately, there are many funding options that you can...