by fularticles | Nov 1, 2023 | Business Finance, Business Strategy, Resources, SBA
1. The All-Important Executive Summary The executive summary is your golden ticket to grab the attention of your lender and make them believe in your business vision. It is here that you paint a vivid picture of your business, articulate your mission, and provide...
by fularticles | Oct 31, 2023 | Business Finance, Business Strategy, Resources, SBA
Hello, entrepreneurs! I’m Tim Shaw with First Union Lending, and today, we’re going to guide you through getting approved for an SBA loan. Whether launching a startup or expanding an existing venture, an SBA loan can give you the financial leg-up you need....
by fularticles | Oct 25, 2023 | Business Finance, Business Strategy, Resources, SBA
When it comes to the restaurant business, it’s not just about the ingredients you put on the plate – it’s also about the financial ingredients that help your business grow and thrive. Here at First Union Lending, we’re serving up some key...
by fularticles | Oct 11, 2023 | Business Finance, Business Strategy, Resources, SBA
In 2023, the Small Business Administration (SBA) committed $8 million to a game-changing initiative known as the Prime Grant. This program has since paved a path for micro-entrepreneurs, particularly those facing economic challenges, to alter their trajectories and...
by fularticles | Oct 6, 2023 | Business Finance, Business Strategy, Resources, SBA
The Lifeline for Nonprofits: SBA Loans The Small Business Administration (SBA) is not just for profit-driven businesses. It also extends its support to eligible nonprofits, providing them with the financial lifeline to serve their communities effectively. Your social...
by fularticles | Oct 2, 2023 | Business Finance, Business Strategy, Resources, SBA
In the world of business finance, the decision between an SBA loan and a traditional loan can often be perplexing. Understanding the key differences in eligibility, collateral, and terms between these two loan types can dramatically influence the financial trajectory...
