by First Union Lending | Feb 23, 2022 | Business Finance
Have you ever wondered how a lender determines whether or not a loan applicant is worth the risk? That is to say, what are the key factors that go into gauging the creditworthiness of a potential borrower? There are 5 C’s associated with the system that a lending...
by First Union Lending | Feb 17, 2022 | Business Finance
The difference between hard and soft money will depend mainly on the context. That is to say, in the political arena, the two terms denote how contributions are made to candidates. Hard and soft money can also be used when talking about actual currency types. For this...
by First Union Lending | Feb 9, 2022 | Business Finance
If you live in the Windy City, you probably know that Chicago is all about its people, sports clubs, entertainment, and many prominent landmarks. Spend the day in Chicago and be wowed by such sites and places as Wrigley Field, Millennium Park, and the Chicago...
by First Union Lending | Feb 8, 2022 | Business Finance
Basically, a tradeline business account is a line of credit that a vendor will extend to a company. Some people may call these vendor accounts, some refer to them as corporate tradelines; whatever you call them, a tradeline business account can certainly benefit your...
by First Union Lending | Feb 2, 2022 | Business Finance
Tax time is upon us. For small business owners, finding deductions is key to helping them keep their tax bills manageable. There are many small business tax deductions that entrepreneurs aren’t necessarily taking advantage of—either they are unaware of such...
by First Union Lending | Jan 31, 2022 | Business Finance
The key to building a successful business, beauty salon or otherwise, is to have a clear vision of where you’re going. In other words, what are your objectives? How do you see your beauty salon business in two years from now, in five years from now? And how do you...
