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...
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
Date: 04/15/2020
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
Date: 03/27/2020
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
Date: 03/18/2020
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
Date: 02/26/2020
Entrepreneurs have a general understanding that adequate cash flow is one of the primary elements of small business success. As a result, one of the most common questions our bankers get asked is, “What criteria do...
Topics: Financing , General Business
Date: 02/12/2020
Valentine’s Day is upon us! Each year, February 14 allows us to reflect on the extraordinary relationships we have in our lives. We realize that your banker may not be on the top of your Valentine’s Day gift-giving...
Topics: Financing , Business Growth , General Business