Commercial loans are a significant part of the national economy. When businesses need to grow, financing often comes in to cover costs of property, equipment and even working capital. But because many small business and mid-sized owners are frugal and often...
Businesses are always looking for ways to manage costs and retain earnings. Upgrading property is an opportunity to implement project details that accomplish just that. Through sustainable upgrades, businesses realize benefits that go beyond energy savings. The...
In early May, the Federal Reserve raised the Federal Funds Rate (FFR) by 0.25% or 25 basis points over the March 16, 2022 increase. That might not look like much, but this increase sends ripples through the national economy. The FFR affects interest rates on loans,...
The global and national economies have seen major hits in the past few years. We’re still dealing with the fallout from the pandemic, with the potential for new waves of infections looming. More recently, geopolitical events in Ukraine and Russia are playing havoc...
All of us want our business to sail the seas of success. The journey, however, can be choppy and challenging. For some, it’s finding qualified staff. For others, it might be outpacing the competition. But when your business is struggling to stay afloat financially, it...
It may seem as if everything these days is owned by large corporations. We hear about massive conglomerates like PepsiCo and Unilever, which own hundreds of brands. Many small businesses have been at a disadvantage over the past few years. But you might be surprised...
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