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...
by First Union | 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...
by First Union | 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...