Blog Posts | Page 11

Best Construction Loan Lenders For 2024

When searching for a great commercial construction loan, you’ll want to keep in mind the size of the project, how quickly you need funding, and the resources you have available to use as collateral or downpayment. For many small businesses, an SBA 504 loan will be the best option for major construction projects. Others may be better served by bank loans or alternative loans.

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Apr 16, 2024 Filed under: Business Loans
woman at computer looking at finances

Understanding Your Business Insurance Quote

At its most basic, a business insurance quote is a document that shows what you could expect to pay for a policy from an insurance provider. Each business quote will be different due to the unique needs of each business and factors such as industry, number of employees, past insurance claims, and deductibles. 

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Jun 30, 2023 Filed under: Business Insurance
declined business loan

What To Do If Your Business Loan Is Denied

Your business loan may be denied for reasons including low credit score, not enough revenue, lack of collateral, or an incomplete loan application. Your lender should provide written notice as to why your loan was denied. However, you can also reach out to the lender directly to learn more about why you weren’t approved.

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Jun 28, 2023 Filed under: Business Loans, Small Business
what is bank statement

What Is A Bank Statement?

Bank statements are important for personal and business finance for a few reasons, including tracking income and expenses, identifying fraud, applying for funding, and tax purposes. 

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Jun 27, 2023 Filed under: Business Banking
social security taxes

What Are Social Security Taxes?

Social Security taxes are the federally mandated contributions employers and employees must pay into to support the Social Security program, which provides retirement income for American workers aged 65 and over.

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Jun 25, 2023 Filed under: Payroll
commercial truck insurance

The Best Commercial Truck Insurance

Commercial truck insurance is a type of commercial auto insurance. More specifically, it’s a bundle of insurance policies that offer comprehensive protection for trucking businesses and independent owner-operators. The exact combination of insurance your business needs depends on the specifics of your operation.

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May 9, 2024 Filed under: Business Insurance
what is a routing number

What Is A Bank Routing Number & How Do You Find It?

A bank routing number is a 9-digit number that uniquely identifies your bank account. Also known as American Bankers Association (ABA) routing numbers or routing transit numbers, these numbers were originally created by the ABA to make the check transaction process faster and more efficient. Routing numbers are also used for direct deposit forms, apps like Venmo and CashApp, or payments through services like PayPal.

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Jun 20, 2023 Filed under: Business Banking