With interest rates being cut substantially early in 2020 to assist the economy with the global pandemic, interest rates are at or near an all-time low. If you are expanding your business, there is an opportunity to...
Date: 10/19/2020
With interest rates being cut substantially early in 2020 to assist the economy with the global pandemic, interest rates are at or near an all-time low. If you are expanding your business, there is an opportunity to...
Topics: Financing , Business Growth
Date: 09/16/2020
Small and medium-sized businesses rely on their local communities to help them succeed, as it’s these communities that supply many of their customers, workers and vendors. When these businesses partner with local...
Topics: Financing , Business Growth , General Business
Date: 08/19/2020
Whether you’re getting ready to launch your own small business or are a second-generation owner of an established family business, finding the right bank can be key to reaching your goals. With many options...
Topics: Financing , Business Growth , Cash Management , General Business
Date: 06/19/2020
Recently we provided an extensive update on the debt forgiveness phase of the Paycheck Protection Program (PPP) based primarily on changes brought about by the...
Topics: Financing , Cash Management , General Business , Government Loan Programs/Financing Options
Date: 06/04/2020
It’s estimated that nearly 50% of small businesses have a line of credit (LOC) in place, and about one-third utilize it on a regular basis.1 If you’re thinking of an LOC, here are some factors to consider when...
Topics: Financing
Date: 05/29/2020
Small businesses nationwide have been hit hard by mandatory closures and safety measures required to slow the spread of COVID-19. While many have turned to federal relief programs like the Paycheck Protection...
Topics: Financing , General Business , Government Loan Programs/Financing Options
Date: 05/13/2020
There are more than 30 million small businesses (defined as 500 employees or less) in the United States, according to the Small Business Administration (SBA), and a little over 5,000 community banks. Fortunately,...
Topics: Financing , Business Growth , General Business
Date: 05/08/2020
As a result of the publicity surrounding several large public companies receiving large Paycheck Protection Program (PPP) loans and the firestorm it created, we've been asked by a number of our customers whether we...
Topics: Financing , Cash Management , General Business , Government Loan Programs/Financing Options