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News and Updates
We regularly publish articles to help small businesses with information they need to succeed.
Small Businesses Reeling from Retail Theft
Lawmakers Accused of Giving Thieves a "License to Steal" In June, the U.S. Chamber of Commerce announced a spike in retail theft. A survey revealed that 56% of small-business retailers reported...
SBA Loans – Fueling Innovation in Technology Startups
The Challenge: Securing Funding for Tech Startups Many technology startups face difficulty securing funding from traditional sources like banks. The challenges can be numerous, ranging from the...
Understanding How Loan Interest Rates Work
Have you ever scratched your head trying to figure out how loan interest rates work? Well, let's put an end to your puzzled musings and break things down in a simple way. The Basics of Loan Interest...
How to Avoid Loan Defaults and Protect Your Financial Future
Navigating the world of loans and repayments can be challenging, but with the right strategies and knowledge, you can avoid loan defaults and safeguard your financial future. This guide offers...
Powell’s Stance on Interest Rates Amid Economic Complexity
Jerome Powell's Careful Stance Federal Reserve Chair Jerome Powell finds himself in a delicate position as he prepares to address the central bank research symposium. With falling inflation rates...
Middle-Class Crunch – Financial Challenges and Consumer Behavior
The Middle-Class Crunch Consumers earning between $50,000 and $100,000 annually find themselves in a unique predicament, often called the middle-class income "crunch". This situation arises from a...
SBA Micro Loans -A Guide for Small Businesses and Startups
Obtaining financing can often be daunting when it comes to kickstarting your business or taking it to the next level. This is where SB Micro Loans come into the picture. Administered by the U.S....
Small Businesses’ Perception of the US Economy
An Overview of Small Businesses' Economic Sentiments Small business owners in the U.S. appear to be caught in a paradox of economic perceptions, according to a recent survey by the National...
P2P Lending – Revolutionizing Business Financing
Introduction to Peer-to-Peer Lending Peer-to-Peer Lending (P2P Lending) is a form of lending that connects individuals or investors directly with borrowers in need of funds. It provides an...
Small Business Loans – SBA’s Updated 7(a) & 504 Programs
On August 1, 2023, the Small Business Administration (SBA) implemented several improvements to its flagship 7(a) working capital and 504 fixed asset loan programs. These changes were designed to...
U.S. Banking – The Threat of Sweeping Rating Downgrades
A Grim Forecast by a Fitch Ratings Analyst Chris Wolfe, an analyst at Fitch Ratings, has issued a stark warning about the potential for significant disruption in the American banking sector. He...
Navigating Loan Refinancing and Better Loan Management
Loan refinancing can seem complex, especially with the various financial terms and conditions. However, when properly understood, it can be a great tool to manage your loans effectively. This...