Author: Dave Coggins
    Date: 06/19/2020

    Paycheck Protection Program Flexibility Act (PPPFA)

    Debt Forgiveness Application Process Update Version 2.0

    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

    Author: Tom Pennings
    Date: 06/04/2020

    Working Capital or Capital Expenditure: Which LOC is Right for You?

    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

    Small Business Grants in Wisconsin & Our Local Communities

    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

    Benefits of Community Business Bank

    Author: Mark Sterr
    Date: 05/13/2020

    Relationships: One of the Many Benefits of Community Banking

    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

    Author: Dave Coggins
    Date: 05/08/2020

    PPP: A Reminder of Why the Program was Created and the Good it is Doing

    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

    Protect Your Business from COVID-19 Fraud

    During these uncertain times, there are several precautions that businesses must take to protect themselves, their employees, and their customers. Some of these preventative measures include keeping offices clean,...

    Topics: Risk/Fraud , Financing , General Business

    Current Information on United States SBA Loan Programs

    There is a lot of confusion with small businesses right now as to where to turn, and what are the rules for some of the US Small Business Administration (SBA) programs that have been rolled out. Below is a summary...

    Topics: Financing , General Business , Government Loan Programs/Financing Options

    Author: Tom Detienne
    Date: 03/18/2020

    How to Obtain the Right Business Loan: Tips for Keeping More Cash in Your Company

    When looking for a loan for your business – whether to finance an expansion, acquire equipment, support seasonal revenue fluctuations, or any one of a number of other needs – it’s important to remember that not all...

    Topics: Financing , Business Growth

    Benefits of Community Business Bank