United Capital Source Business Journal

Small business tips, news and resources for small business owners

Small Business Loans

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What Types Of Collateral Can Secure Business Loans? – The Essential Guide

Collateral refers to assets that a business owner pledges to secure a loan. Essentially, collateral acts as a safety net for the lender, ensuring they can recover their investment if the borrower defaults.

In the case of a secured business loan, the lender has the legal right to seize the pledged assets to recover the outstanding loan balance. Collateral

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    Business Tips

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    Tradeline Supply Company Review – Benefits, Risks, & Alternatives

    Tradeline Supply Company LLC, founded in 2017 and based in San Diego, California, has established itself as a trusted marketplace for buying and selling authorized user tradelines. The company’s mission is to help individuals improve their credit scores by offering a variety of tradelines for purchase.

    With a user-friendly online platform, customers can browse available tradelines and choose the

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    UCS & Industry News

    tax forms, tax claims, irs pauses erc claims

    IRS Pauses New ERC Claims Amid Growing Concerns: Impact on Business Owners

    It’s truly unfortunate that the program is being placed on hold due to bad actors trying to exploit it. It’s also frustrating that the IRS hadn’t taken more proactive measures to stop or prevent fraud prior to the rising concerns.

    It’s now a waiting game for eligible business owners until the moratorium is lifted. In the meantime, you can review

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      Current monthly sales deposit average to your business bank account?

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      At UCS, we understand the value of your time and want to ensure that your application has a great chance of approval. Please take note of the following details before applying:
      • To be eligible, it’s necessary to have a business bank account with a well-established U.S. bank such as Chase, Wells Fargo, Bank of America, Citibank, or other major banks. Unfortunately, online-based bank accounts like PayPal, Chime, CashApp, etc., are not permitted.
      • When describing your current average monthly sales deposits to your business bank account, please provide accurate information. Our approval process is based on your current business performance, and it’s essential to provide accurate details about your current sales in the first question on the application form. We cannot approve applications based on projected revenues after receiving funding.
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