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.
The success of a small business largely depends on its ability to stay competitive. But what does this mean, exactly? There’s only so much businesses can do to improve the quality of their products or services. The same goes for the strategic structure of their advertisements or their presence on different digital platforms. So, what gives one business a competitive
While every small business has a general strategy, most of these strategies share the same goal. Whether it’s through their business model, brand identity, or the quality of their offerings, small businesses must stand out from their larger competitors. They have to create a reason for their target audience to choose them over the brands they already know. At first,
Business loan applications can be rejected for a myriad of reasons. In many cases, the rejection is not attributed to the financial institution’s steep or unclear requirements. It’s the business leader who deserves most of the blame. Thanks to a seemingly minor mistake, a business leader might apply to the wrong institution or give the impression that they cannot be
One of the most critical decisions in an entrepreneur’s career is choosing a business structure. This will affect the way you pay taxes, your legal liabilities, growth opportunities, and your day-to-day responsibilities as a business leader. Each business structure offers its pros and cons, the value of which depends on your personal goals and capacity for paperwork.
Cash flow is one of the most common culprits of small business failure. This is mostly because there are so many ways to run into cash flow problems. And since all businesses go through ups and downs, it’s very easy to balance cash flowing in and cash flowing out to be disrupted.
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].
