• Should You Get a Long-Term or Short-Term Business Loan?

    When your business is in need of financing, there are many avenues you can explore. With so many options available—Kickstarter campaigns, business credit cards, more traditional loan products, and more—it can be tricky to know which type is best for your business. While there are loan products out there that are tailored to meeting specific financing […]

  • Where There Are More Local Community Banks, Rural Entrepreneurs Are More Likely to Obtain Conventional Business Loans

    Decline of local banks in nonmetropolitan areas has been a challenge for small business owners, who may turn to personal savings, credit cards or contributions from family and friends, Baylor researchers say The greater the proportion of local banks in a nonmetropolitan area, the better the chances that a conventional business loan helped start or […]

  • Small Businesses Begin 2018 on a High Note

    Small Business Administration loans surged nearly 20 percent year-on-year in recent months, signaling continued economic growth Small-business optimism in the United States soared last year, reaching the highest level in decades. Thanks to strong credit markets, entrepreneurs have better access to funds now than at any other time in the past decade. And looking ahead, small businesses […]

  • In Tax Overhaul, Trump Tries to Defy the Economic Odds

    A North Carolina plant that recycles plastic bottle chips. President Trump and congressional Republicans have argued that their rewrite of the tax code will create more jobs and raise wages.CreditChuck Burton/Associated Press When President Trump adds his distinctive signature to the tax bill, he will also be making a huge bet that the Republican strategy of deep cuts for […]

  • Wells Fargo’s Net Interest Margin Shrinks In Q3 Despite Rate Hikes

    The U.S. banking industry has seen net interest margins gradually improve from the all-time lows it reached in early 2015 thanks to the series of rate hikes implemented by the Federal Reserve since December 2015. While the average net interest margin figure for the U.S. banking industry now stands at 3.15% (up from the record […]

  • JELD-WEN Announces Debt Refinancing and Amendments of Credit Facilities

    ELD-WEN Holding, Inc. (“JELD-WEN” or the “Company”) (NYSE:JELD) today announced that the Company and certain of its subsidiaries, including JELD-WEN, Inc. (“JWI”), plan to enter into amendments to the credit agreements governing existing credit facilities, in conjunction with JWI’s concurrently announced offering of $800 million in aggregate principal amount of senior notes (the “Notes”). The […]

  • 3 Simple Steps to Start a Small Business in 2018

    As 2017 comes to an end, countless people will begin to reassess their careers and consider going into business for themselves. Some may stay in their current industry but take steps to start a small business on their own and perhaps take some of their current customers with them. Others will look to pursue a […]

  • Payday lenders have new hope with Trump’s CFPB

    A payday lender selling loans derided as “debt traps” by the Consumer Financial Protection Bureau is going public — and it’s banking on the Trump administration going easy on it. Curo Group, a company that charges nearly 1 percent interest a day for some of its loans, is looking to raise $123 million in an initial […]

  • Farm tax code changes create winners and losers

    ESTATE TAX FACES ELIMINATION OR TWEAK. There has been a lot of talk lately about the potential tax bill that may get to the president’s desk, and even more discussion about the possible impacts on farmers. At the moment, the House has passed a bill, and the Senate vote is pending. If the two houses can […]

  • Three Keys to Starting a Small Business in 2018

    What You Need to Know Starting a Small Business in 2018 As another year winds down, many people, particularly those who are unsatisfied in their careers, begin to assess whether now is the time to begin working for themselves. Some may choose to go out on their own in their current industry. Others may take […]