by First Union Lending | Apr 22, 2022 | Resources
A collateral loan is also known as a secured business loan as it carries some form of guarantee. Borrowers put down something of value or assets to secure the loan. This protects the lender from losing any money. If you default, the lender can then seize your assets...
by First Union Lending | Apr 15, 2022 | Resources
Applying for a commercial business loan can be tricky and frustrating. With the plethora of loan providers available, it’s always best to be smart about your next move into loans. The following tips in today’s video provide you with an easy-to-follow guide...
by First Union Lending | Apr 8, 2022 | SBA
Getting an SBA loan can be somewhat lengthy, especially if you don’t know what information is needed on the application. This is why we’ve broken it down step-by-step so you can be better prepared for what’s involved in the process. Step 1: Make Sure...
by First Union Lending | Apr 1, 2022 | Business Finance, Business Line of Credit, Resources
Welcome to First Union Lending! Today we’re talking about five financing options for those small businesses with bad credit. Is your credit score low? A low credit score can make it challenging to get a small business loan, but there are still plenty of...
