Real Estate Strategies for Small Business Owners as Rates Rise

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by: Mark A., SBA Division Director
For even small real estate purchases, you need a financing strategy. In a rising interest rate environment, the cost of capital is edging higher for all small businesses, but especially those who need to purchase property. As a result, U.S. entrepreneurs are returning to banks in large numbers seeking to finance…

Searching for Your First Apartment

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by: Holly W., Digital Marketing Specialist
Finding your first apartment can be one of the most exciting times in your life while also being one of the most overwhelming. Renting your first apartment is not only emotionally demanding, but financially challenging as well. Between finding an appropriate rental price, searching for the right neighborhood, and understanding…

How Small Businesses Can Control Costs in the Early Stages

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by: NerdWallet
Owning a small business is an all-out battle to find the right balance between generating revenue and limiting costs. That’s especially true in a business’s first year, when finding a sustainable customer base requires investment. We asked Rita Cheng, a financial advisor who works with small businesses, about ways entrepreneurs can…

You Want to Start a Business – How Should You Finance It?

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by: Mark A., SBA Division Director
Getting a small business off the ground is a huge achievement, but establishing financing on a solid footing is critical to whether an enterprise ultimately succeeds or fails. As a banking officer dealing with financing requests every day, the most common question I hear from founders of startups is, “Should…

What to Look for When Switching Banks

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by: Chris R., Business Banking Center Manager
At some point in your life you may find yourself in a situation when it’s time to change where you bank. Some of those reasons could be positive such as relocating for a better career opportunity. Other times it could be a negative factor such as having a misunderstanding with…