When bridge financing comes up in conversation, many business owners and managers think of short-term real estate funding. Bridge loans are popular with CRE investors because they support a quick close on property while awaiting traditional financing to come through....
The Federal Reserve, in an effort to stave off runaway inflation, bumped the Prime Rate up four times in 2023 and a whopping seven times in 2022. As of this writing, the Prime Rate is 8.5%. If you’ve been in the market for a business loan, you might be a bit worried....
As a wave of new technology transforms the way the world does business, it’s easy to feel overwhelmed. Even businesses that rely on age-old craftsmanship and handworked detail find that they must adopt new tech to market, ship, and inventory their products...
Businesses are always looking for ways to manage costs and retain earnings. Upgrading property is an opportunity to implement project details that accomplish just that. Through sustainable upgrades, businesses realize benefits that go beyond energy savings. The...
In early May, the Federal Reserve raised the Federal Funds Rate (FFR) by 0.25% or 25 basis points over the March 16, 2022 increase. That might not look like much, but this increase sends ripples through the national economy. The FFR affects interest rates on loans,...
The global and national economies have seen major hits in the past few years. We’re still dealing with the fallout from the pandemic, with the potential for new waves of infections looming. More recently, geopolitical events in Ukraine and Russia are playing havoc...
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