Commercial loan interest rates fluctuate due to various factors, including economic conditions and shifts in the federal funds rate. Over the past several months, the commercial mortgage market has experienced some volatility as the Federal Reserve has adjusted the interest rate to control inflation.
As of January 10, 2025, the average interest rate for a 5-year commercial mortgage loan is
Some lenders offer business loans with EIN only, meaning they evaluate the business’s credit history rather than the owner’s personal credit. This approach benefits business owners who want to separate personal and business finances or have less-than-perfect personal credit. While not all lenders provide this option, alternative business financing providers and online lenders may consider applications based solely on business
Manufacturing business loans are specialized financial products tailored to meet the unique capital needs of businesses in the manufacturing industry. These loans provide access to funding for purchasing manufacturing equipment, managing cash flow, expanding production capacity, or financing large projects. Unlike general-purpose loans, manufacturing loans often account for the sector’s reliance on costly machinery and raw materials, offering flexible terms
Business loans tailored to a meat processing and food business can be a game-changer for butcher shop owners looking to expand or overcome financial challenges. Butcher shop loans provide the capital needed for equipment upgrades, inventory increases, or improvements to physical locations. With the right funding, you can innovate, adapt to the market’s requirements, and maintain a competitive edge.
By leveraging your EIN, you can separate your personal and business finances while building your company’s credit profile. This makes sense for financial reporting and opens up some potential funding opportunities.
At first, seasonality seems more like a weakness than a strength in the business world. However, virtually all businesses experience some degree of seasonality. What business doesn’t have customers whose behavior is influenced by the weather? For certain industries, that influence is just a little more extreme.
It’s not hard to see how terrified many small business owners are of debt. They often complain that they can’t find the working capital to grow or stabilize their businesses. The solutions are right in front of them (business loans, business credit cards, etc.), but many act as if they don’t exist. Why do they do this? One possibility is
Even the most intelligent business leaders have trouble understanding small business taxes. They might not know the many different types of taxes they have to pay, how each rate is calculated, or which factors have the most significant impact on their final tax bill. Each question’s answer isn’t entirely clear because it depends on various factors, like business structure and
One of the main reasons applying for a small business loan is seen as such a confusing, stressful process is because every business lender is different. It’s not uncommon for a borrower to have to speak with multiple business lenders before being approved. After figuring out which type of small business loan makes sense for your specific needs (which is
Aspiring entrepreneurs need to know several essential things before starting new businesses. First, they have to know what kind of business to start and how their strategy will succeed. But that’s just the fun part. Once these thrilling brainstorming sessions come to an end, you must now determine your business’s startup costs.
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
UCS will never communicate with a prospective client on Facebook, Facebook Messenger, or any other type of social media. Further, any email communications will always come from an official UCS email address and not a Gmail, Yahoo, or other email domain. If you believe you have been contacted by someone posing as an employee of UCS, please email [email protected].
