by First Union Lending | Jan 3, 2023 | Business Finance, Business Strategy, Resources, Small Business
Did you know that some of the biggest brands in the world borrowed money to start or expand their businesses? Whether you operate a startup or an established company, most small business owners find themselves in need of financing at some point on their path to...
by First Union Lending | Dec 27, 2022 | Business Finance, Business Strategy, Resources, Small Business, Women in Business
Many women business owners continue to face challenges when it comes to procuring capital for their companies. In fact, one study found that they often have less access to working capital than their non-women-owned counterparts.If you’re actively looking for...
by First Union Lending | Dec 26, 2022 | Business Finance, Business Strategy, Resources, Social Media
It’s often been said that local mom and pop shops are the backbone of the American economy. These small businesses are traditionally family-owned or independent—hence the name “mom and pop.” They usually operate in one location with just a small...
by First Union Lending | Dec 22, 2022 | Business Finance, Resources, Small Business
Invoice factoring is a way for businesses to fund cash flow by selling their unpaid invoices to a third party (a “factor” or “factoring company”) at a discount in exchange for cash upfront. Let’s review the pros and cons to consider...
by First Union Lending | Dec 21, 2022 | Business Finance, Business Strategy, Resources, Small Business
Are you concerned that having a low credit score will keep you from getting a small business loan? Stop worrying. You can still get small business loans for bad credit. Because of the emergence of alternative lenders, like First Union Lending, small business...
by First Union Lending | Dec 20, 2022 | Business Finance, Business Strategy, Resources, Small Business
You might have grown up thinking that all debt is bad. It’s undeniably true that taking on too much debt could put your business in danger of folding. But history also shows that getting the right small business loan can be a highly effective way to build a...
