The SBA is issuing disaster loans for small businesses in the Mid-Atlantic region affected by the bridge collapse. SBA Administrator Isabel Casillas Guzman announced the program on April 3, 2024.
The announcement came after Maryland Governor Wes Moore wrote a letter requesting a disaster declaration on March 29, 2024. The declaration applies to small businesses, small agricultural cooperatives, small aquaculture
The Visa Mastercard $30 billion settlement is a legal agreement between Visa, Mastercard, and merchants that addresses antitrust concerns related to card transaction fees and pricing. The lawsuit resulting in the Visa Mastercard $30 Billion Settlement began in 2005, sparking a long legal battle.
Mom-and-pop shops are smaller businesses typically run by family members. They offer personalized service and unique products and stand out for their close-knit atmosphere and community connection.
Supporting mom-and-pop shops is crucial to helping them thrive in the competitive market, fostering local economies, and preserving authenticity. By choosing these businesses, customers contribute to the growth of their neighborhoods.
International Women’s Day is a global celebration that honors the achievements of women and advocates for greater gender equality. It serves as a reminder of the ongoing efforts to achieve gender parity in society with historical and national traditions.
Bank lending to businesses is declining for various reasons, including fear of a looming recession. This downturn in borrowing options from traditional lenders and the larger economic implications is a concern for small business owners. However, you still have plenty of funding options through alternative lenders and lending marketplaces.
Some businesses wait weeks between providing goods and services and getting paid, known as selling on credit. When a business sells on credit, it issues an invoice to the company that owes the money and adds it as a journal entry in accounts receivable.
While the business is waiting for that money to come in, bills and expenses keep coming. Sometimes
Investing in a tractor-trailer (aka semi-truck, big rig, 18-wheeler, etc.) is a major expense, but one that could yield high revenue. Whether you’re an independent owner-operator or own a freight business, most truckers don’t have the available liquid capital to purchase a new or used truck directly.
Most small business owners turn to financing options to fund a commercial truck acquisition.
You’re probably tired of everyone using the recent pandemic as a topic for global supply chains. We’ve also seen a lot of recent sources that talk about COVID-19. Tell you what, we’ll touch on it briefly and focus deeply on the topic of supply chains and what you can do as a business. So, buckle up!
United Capital Source Inc. is proud to announce that we have surpassed $1 billion in transaction volume. We have proudly matched over 1 Billion dollars to businesses across the United States since its inception in 2011.
On Friday, March 27, 2020, Congress officially passed the Coronavirus Aid, Relief, and Economy Security Act, a.k.a. The CARES Act. This $2 trillion relief package was created to help individuals and small businesses that are currently in financial straits due to Covid-19.
