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Lock in Lower Business Loan Cost Now to Beat New Rate Hikes

Lock in Lower Business Loan Cost Now to Beat New Rate Hikes

by First Union Lending | Nov 30, 2022 | Resources

If you’re a small business owner needing some additional funding, you should seriously consider acting soon before any pending interest rate hikes take effect. A delay could cost you thousands of dollars in higher business financing costs based on recent Federal...
Rising Interest Rates and Hikes on the Horizon?

Rising Interest Rates and Hikes on the Horizon?

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...
Rising Interest Rates: Smart Money Moves Now

Rising Interest Rates: Smart Money Moves Now

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...

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