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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...
Small Business Loans: Needed Now More Than Ever

Small Business Loans: Needed Now More Than Ever

by First Union Lending | Apr 29, 2022 | Business Finance

The pandemic proved a problematic trial for many small businesses across the country. And now, as we slowly recover, small businesses are again facing almost impossible hurdles in some circumstances. Inflation, supply chain issues, and labor issues are all crippling...
Small Business Loans: Understanding How to Apply

Small Business Loans: Understanding How to Apply

by First Union Lending | Apr 13, 2022 | Small Business

Business loan applications for smaller businesses are currently at an all-time high. However, that doesn’t mean that those applications are being approved. Recent data suggests that more conventional banks are turning down small businesses more than they have in the...
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