Are you confused or overwhelmed by retirement options for your business? Don’t worry—you’re not alone. In fact, about 30% of small business owners report they’re unaware of their retirement options. To help you grasp the ABCs of retirement, we’ll provide a broad overview of basic retirement paths to help you gain a better understanding of basic options to consider for you and your employees.
Understanding your retirement options: Group trust vs. IRA-based plans
Consider these key questions before applying for a small business loan
Are you considering taking out a loan for your small business? Financing your business is a serious undertaking, and it’s important to make well-informed decisions about your need for capital at the onset. Below, we’ll review some key steps to take and questions to ask when seeking funding.
Positives and Pitfalls of Online Lending
Are you thinking about using an online lender to finance your small businesses? If so, there are a few things you should know before you get started.
Know your rights as a small business borrower
The way small businesses borrow money is being completely transformed by the rise in online lending. Innovators are providing faster and easier ways to borrow and increasing access to credit in communities that have historically been underserved. But this transformation will only achieve its potential if it is built on transparency, fairness, and putting the rights of borrowers at the center of the lending process.
Preparing for a Small Business Loan: A Checklist
A small business loan can be a powerful tool for growing your business, or just meeting day to day expenses. Deciding that you need a loan may be easy but the real challenge is making sure you're ready to apply for financing.
Before approaching a lender, it pays to make sure you're putting your best foot forward. This checklist serves as a handy guide for getting your business prepped for a loan.