Tariff refunds are now becoming a real cash flow issue for importers, not just a legal or accounting matter. After recent court action involving IEEPA-based tariffs, U.S. importers have been given a path to recover certain duties previously paid. U.S. Customs and...
AI Is Already Changing How Lending Works Artificial intelligence is changing how lending works across intake, review, underwriting, and servicing. It helps lenders process information faster, reduce manual work, and review files more efficiently. But while AI can...
In today’s volatile market, shaped by shifting policy, rising costs, and economic uncertainty, small business owners face new headwinds. According to recent data, spending among small businesses has declined from pre-pandemic levels. Many companies are slowing capital...
Gone are the days when a small business owner could walk down to their local bank, have a lovely chat with their banker, and walk away with a loan to keep their business afloat. For many of us, those days never existed. The banks we’re familiar with are large...
Lines of credit are a valuable tool for small businesses that want easy access to a renewable source of working capital. Credit lines can support a business through periods of low revenue and help cover emergency expenses. Similar in some ways to a business credit...
When it comes to acquiring equipment for your operation, there are a number of choices, and a number of opportunities and pitfalls. The most clear choice is to purchase it outright with cash, but business owners may also use an equipment loan to finance equipment over...
