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Preparing Your Business for a Tightening Economy

Preparing Your Business for a Tightening Economy

by admin | Jan 7, 2021 | Business Loan Tips.Understanding Financing

Despite the economic recovery and boom over the last decade, recent financial forecasts predict that the next few years are not going to be as rosy. While businesses can make some moves to prepare for downturns, the truth is that sooner or later those who are not...
Planning for Economic Renewal: How to Evaluate Your Capital Needs for 2021

Planning for Economic Renewal: How to Evaluate Your Capital Needs for 2021

by admin | Dec 21, 2020 | Business Loan Tips.Understanding Financing

2020 has been a political, environmental, social and economic maelstrom of chaos and disorder. The impact of COVID-19 has been beyond any powers of prediction, and it has been exacerbated by global challenges that range from natural disasters to social unrest. May you...
How to Maintain Financial Flexibility for Business in 2021

How to Maintain Financial Flexibility for Business in 2021

by admin | Dec 3, 2020 | Business Loan Tips.Understanding Financing

Introduction If there is one lesson we have all learned from the year 2020, it is that there is no such thing as a sure thing. The economy, the ways we conduct business, and even our family and social life has been drastically altered in the past eleven months. To...
Your Guide to Debt Service Coverage Ratios and Business Lending

Your Guide to Debt Service Coverage Ratios and Business Lending

by admin | Nov 23, 2020 | Business Loan Tips.Understanding Financing

As a business owner, you have to be obsessive about the amount of money your company is making. Ideally, your profit margin will be high, meaning you earn far more than you spend, which is known as positive cash flow. It can make a significant difference in your...
What Does a Biden Presidency Mean for Small to Medium-Sized Businesses?

What Does a Biden Presidency Mean for Small to Medium-Sized Businesses?

by admin | Nov 10, 2020 | Business Loan Tips.Understanding Financing

With Joe Biden assuming the presidency next January, you might be wondering how the political shift will impact your business. The COVID-19 pandemic triggered a recession for the United States, as many businesses closed and individuals lost their jobs. Watching from...
Business Lending: How to Keep Your Company Afloat

Business Lending: How to Keep Your Company Afloat

by admin | Oct 21, 2020 | Business Loan Tips.Understanding Financing

When money is tight, where will you turn? All too often, business owners believe that a bank loan or business credit card is the only option, which can lead to high interest rates and strict repayment plans. Thankfully, there are more flexible financing solutions, if...
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