Business Loans Blog

How to Pay Yourself When You’re a Sole Proprietor
Understanding how you pay yourself as a sole proprietorship can be confusing. When you go into business for yourself, you rarely worry about the...

How to Retire From Your Own Business
When you own a business, all of the responsibility lies on your shoulders. Even if you absolutely love what you do, you may get to a point where you...

Do I Need a New EIN?
An Employer Identification Number is needed to operate any business that will require you to hire employees. Your EIN will be used by the federal...

Everything You Need to Know About Work From Home Tax Deductions
Working from home is a dream come true, so is business ownership. Owning a business entitles you to many deductions. Some people hold the mistaken...

Registered Business Name Vs. Trademark: What’s the Real Difference?
You're ready to open your business. All you need is a name that is unique and memorable. The ideal name will identify your business and also be...

What is Revolving Utilization?
Your credit utilization is one of the most important driving factors when determining your credit score. Also known as your debt-to-credit ratio, it...

Obtaining Farm Loans With Bad Credit
Today's farm families are facing some of the hardest times ever. Not only is the economic outlook on the shaky side, they must still deal with all...

Five Small Business Cash Flow Management Tips
Owning a business will provide you with an education on how to manage your finances rather quickly. For the most part, when your business is running...

Understanding the Difference Between Fixed and Working Capital
When you own a small business, having sufficient capital is extremely important. Both fixed capital and working capital are equally important if you...

10 Valuable Small Business Tax Deductions for 2022
As a small business, any time you can save money is beneficial. The Internal Revenue Service (IRS) provides a plethora of resources to help small...