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Seven Ways to Cut Small Business Costs

Seven Ways to Cut Small Business Costs

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...
Pros and Cons of an SBA Loan

Pros and Cons of an SBA Loan

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...
The Secret Banks Don’t Want Small Businesses to Know

The Secret Banks Don’t Want Small Businesses to Know

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...
Top Four Small Business Tax Mistakes

Top Four Small Business Tax Mistakes

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...
10 Money-Saving Tax Tips for Small Business Owners

10 Money-Saving Tax Tips for Small Business Owners

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...
How to Secure a Small Business Expansion Loan

How to Secure a Small Business Expansion Loan

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...
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