by First Union Lending | May 4, 2022 | Resources
Celebrated the first Wednesday in May, National Skilled Trades Day was first established in 2019. National Skilled Trades Day is intended to increase awareness about what skilled workers do in the United States. And also to create a day during which people could show...
by First Union Lending | Apr 29, 2022 | Business Strategy, Resources
According to the IRS, “A sole proprietor is someone who owns an unincorporated business by himself or herself.” Often, those new to the business will start a sole proprietorship. This is the most accessible business type to set up and the least expensive. Versus an...
by First Union Lending | Apr 28, 2022 | Resources
April 28 marks Take Your Kids to Work Day. This is not just a “career day” per se, but it is also a chance to show children what their parents do day in and day out. It is both a shadowing experience and a time for kids to understand what is involved in their parents’...
by First Union Lending | Apr 22, 2022 | Resources
A collateral loan is also known as a secured business loan as it carries some form of guarantee. Borrowers put down something of value or assets to secure the loan. This protects the lender from losing any money. If you default, the lender can then seize your assets...
by First Union Lending | Apr 15, 2022 | Resources
Applying for a commercial business loan can be tricky and frustrating. With the plethora of loan providers available, it’s always best to be smart about your next move into loans. The following tips in today’s video provide you with an easy-to-follow guide...
by First Union Lending | Apr 1, 2022 | Business Finance, Business Line of Credit, Resources
Welcome to First Union Lending! Today we’re talking about five financing options for those small businesses with bad credit. Is your credit score low? A low credit score can make it challenging to get a small business loan, but there are still plenty of...
