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Latest Business News

What Documents Are Required For A Business Loan?

Boone Rodriguez/Corbis/VCG/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Business loans require significant documentation about your business formation, financial statements…

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6 business New Year’s resolutions your CPA wants you to make in 2025

A certified public accountant (CPA) can play a crucial role in the tax filing season as they help business owners…

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Pros and Cons of Alternative Business Lending

Key takeaways Alternative lending offers accessible eligibility requirements to help you get funding even with subprime credit or finances. Many…

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I did all my holiday shopping at small businesses. Here’s what I found.

This year, after watching Hurricane Helene tear through Asheville, Black Mountain and other towns close to where I call home,…

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Business Loan Agreement: What To Know Before Signing

Key takeaways The business loan agreement is the document that outlines everything about the loan and what is expected of…

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Average Small Business Loan Amount

Key takeaways The average small business loan amount is $663,000, according to the Federal Reserve For fiscal year 2024, the…

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How to support small businesses after a disaster

Key takeaways Small businesses operating on thin margins can often be forced to close after disasters like weather events, economic…

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How to Convert Factor Rates to Interest Rates

Key takeaways Factor rates are a decimal that you use to multiply the entire loan by to get the total…

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What is the Beneficial Ownership Information report?

Key takeaways The Beneficial Ownership Information (BOI) report identifies company ownership and is required filing for business entities by Jan.…

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The Risks of Financing A Small Business

Business financing is often necessary for small businesses to grow when they lack the income or capital to expand on…

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