It’s hard being a business owner but it doesn’t have to be. Find where you can get the best small business loans to grow your business. Everything that has a relation with business and money.
BSI Financial Services is a mortgage-centric financial services company. It provides servicing and special servicing, loan quality control, REO, and asset management services, and life-of-loan performance reporting with proprietary data analytics tools using a digital platform called BSI ASSET360. The company serves clients across the country and is approved as a servicer by Fannie Mae, … Read more
Founded in 1948, ORNL Federal Credit Union serves the banking needs of businesses and individuals who live, work, worship, or attend school in 19 counties in East Tennessee. ORNL FCU needed to update its website to provide a unified user experience that worked well on mobile devices. Using Sitefinity’s widget technology, they could restructure their … Read more
The SF 424 form must be filed by any entity that intends to submit an application for Federal funding. The form collects information such as type of submission, applicant information, and proposed project dates. It is used by all grant applications, including those for research, training, and fellowship programs. The SF-424 is used by all … Read more
Loan structures with balloon payments feature lower monthly payments because you’re paying for a smaller chunk of the asset throughout the contract term. This allows for more flexibility for cash flow concerns associated with economic cycles or project/operational uncertainties. Balloon payment arrangements are typically documented on one or multiple contract schedules. At the end of … Read more
Before you make SBA Payments Online, gather all the necessary information about your SBA loan. This includes your loan account number, the loan amount, and any other relevant details. After that, follow these steps: SBA’s online payment system and procedures may change over time, so it’s essential to visit the official SBA website and follow … Read more
The EIDL loan is a working capital disaster relief loan that provides small businesses and most private non-profit organizations that have suffered financial losses due to the coronavirus pandemic. It can be used to cover expenses like rent, utilities, payroll, accounts payable, and fixed debt payments. It cannot be used to replace lost sales or … Read more
In the early days of the COVID-19 pandemic, Congress rushed to create a program that offered business owners simple-to-get, potentially forgivable government loans to keep their employees on the payroll. The Paycheck Protection Program, or PPP, was intended to prevent companies from gutting their workforces and adding to the country’s unemployment rate. Under PPP, businesses … Read more
As a rule of thumb, experts recommend that a car should not cost more than half your annual income. This will help you avoid getting a large monthly payment that may ruin your financial future. Buying a car is an important financial decision, so you want to make sure that you can afford it. Using … Read more
The Small Business Administration (SBA) offers a number of 7(a) loan programs. Each one has specific requirements, but the basic eligibility requirements are similar across all 7(a) loan types. You need to be a for-profit business and be able to demonstrate that you’re able to repay the debt you take on. Lenders will also want … Read more
Government grants and loans serve as invaluable resources that empower individuals, businesses, and communities to achieve their goals and overcome financial obstacles. Whether it’s funding education, starting a business, supporting community development, or providing assistance during challenging times, government programs offer a wide array of grants and loans designed to uplift and strengthen various sectors … Read more