by First Union Lending | Jul 15, 2022 | Business Finance
If you need additional working capital for any reason, odds are you’re going to have to go through the business loan application process. For some small business owners, this may seem like a daunting prospect. However, business loan applications aren’t as complex as...
by First Union Lending | Jul 12, 2022 | Business Finance
If you’re a small business owner, it is imperative that you understand precisely what quarterly taxes are. Estimated quarterly tax payments represent the money that you pay the government every quarter. You will remit these payments throughout a given year in...
by First Union Lending | Jul 11, 2022 | Business Finance
At some point in your business’s lifecycle, you’ll likely need money. Generally speaking, this will take the form of a business loan. It could very well be short-term financing. Which brings us to the question, what exactly is short-term funding? This article looks at...
by First Union Lending | Jun 15, 2022 | Business Finance
Interest rates are expected to rise yet again. In trying to control the otherwise out-of-control inflation we’re now experiencing in this country, the Federal Reserve seems invested in increasing interest rates. Consumers were already hit by one rather significant...
by First Union Lending | Jun 13, 2022 | Business Finance
It’s probably not news to many that interest rates are on the rise. In early May, the Federal Reserve raised the short-term interest rate by half a percent. This was a huge move and the biggest hike seen in over two decades. The move came as a result of rapidly rising...
by First Union Lending | Jun 9, 2022 | Business Finance
The meaning of the phrase financial literacy is quite simple. It involves the knowledge of financial skills. So, for example, this could entail developing a budget, creating a retirement plan, investing in various stocks and bonds, and knowing how credit scores...