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Small Business Finance

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2023 Trends for Small and Mid-Market Businesses

2023 Trends for Small and Mid-Market Businesses Businesses have undergone significant changes and faced huge challenges over the past few years, and this will not slow down in 2023. They will deal with the COVID pandemic aftereffects, Russia’s invasion of Ukraine, economic challenges, and ever-fast technological developments. However, nothing should stop small and mid-market businesses[...]
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The Key Differences Between Hard & Soft Credit Checks

The Key Differences Between Hard & Soft Credit Checks The borrowing market is seeing plenty of change in South Florida as the housing sector faces pullback and healthcare commercial lending increases. Miami Today reports that interest rates are going up across different financial institutions, mostly due to demand and economic upheaval. Trends show that lending[...]
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The Top Pros and Cons of Microlending for Business Owners

The Top Pros and Cons of Microlending for Business Owners Microloans are very similar to traditional business loans. However, as the name implies, they come in smaller amounts, normally about $50,000. Microloans for small businesses can help business owners who have been denied funds from banks who are unwilling to send small amounts of money.[...]
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What Is Loan Principal and Why Is It Important?

What Is Loan Principal and Why Is It Important? Are you considering a business loan? Or your small business loan was already approved? If yes, you might notice that the amount you will pay off includes additional factors. When borrowing money from lenders, the amount you need to repay is calculated as follows: The amount[...]
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7 Steps for Transforming Your Relationship with Money

Bridge loans, real estate
7 Steps for Transforming Your Relationship with Money Regarding relationships, both parties must have a healthy perception of money. In this article, we will provide seven ways to transform your relationship with money. With this, you can have financial stability while improving your relationship. Keep in mind that transforming your relationship with money takes time.[...]
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Find the Best Business Credit Card by Looking for These 7 Features

Find the Best Business Credit Card by Looking for These 7 Features Small business owners have to deal with a lot of responsibilities, especially when starting out. Finances are one of the huge considerations. Fortunately, a business credit card can be a key asset. When you open a business credit card, you have an opportunity[...]
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Effective Ways Small Business Owners Are Fighting Inflation

Effective Ways Small Business Owners Are Fighting Inflation If you run or own a small business and feel the pinch of inflation, it is perhaps coming from the increasing price of services and goods across the country- like increased material and labor costs. Meanwhile, like many small businesses, you might also be struggling with unending[...]
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