Where do you go when you need to fund your small business?
Funding a small business can be a critical step in ensuring its success. The statistics are working against small businesses with a whopping 18.4% of U.S. businesses fail within the first year. It only gets worse - 49.7% will fail after five years and a staggering 65.5% will fail after 10 years.
Some may turn to friends and family to help fund the beginning of their venture or take a more traditional route by visiting a bank for a business loan. But there are other ways to get your small business off the ground, and those who came before you are willing to share.
Imagine pumping nearly $1 trillion into the U.S. economy without adding a cent to the national deficit.
In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.
The Federal Motor Carrier Safety Administration (FMCSA) is requesting lease agreements from truck drivers, especially if they suspect predatory or fraudulent terms.
Bankrupt trucking giant Yellow has announced it has fully paid back a contentious $700 million Covid loan from the U.S. Treasury Department, along with over $151 million in interest.
During the holiday season, online spending hit a record high, increasing by 4.9% year over year, totaling $222.1 billion, according to Adobe Analytics.
In October, signed contracts to buy previously owned homes in the U.S. plummeted to a record low due to surging mortgage rates, with the National Association of Realtors reporting a 1.5% decline in its pending home sales index, the lowest since its inception in 2001.
A recent Fox News poll revealed that more than 75% of Americans are worried about the state of the economy.
Caltrans and state fire officials had expressed concerns about the storage of combustible liquids on wooden pallets under Interstate 10 for several years before a recent fire, which is now being investigated as arson, led to the closure of a major Los Angeles freeway for over a week.
Dave Ramsey, a financial expert, is concerned about the growing trend of homeowners using home-equity lines of credit (HELOCs) to access their home equity for various purposes, such as buying additional property or paying down consumer debts.
A recent fire under an elevated Los Angeles freeway, which caused significant damage and traffic disruptions, has brought scrutiny to a state land leasing program that allowed businesses to store various materials under the freeway.
The U.S. Energy Department is currently engaged in discussions to potentially provide a record-breaking $1 billion loan to the developer of one of the largest lithium deposits in the United States.
The ongoing United Auto Workers' strike against major automakers is significantly impacting small suppliers, with some at risk of shutting down due to the disruption.
Trucking costs have continued to rise, with the average cost per mile reaching $2.25 in 2022, a 21.3% increase from 2021.
IRS Commissioner Danny Werfel has ordered the immediate suspension of new claims for the employee retention credit (ERC), a pandemic-era small business tax break, due to a surge in questionable claims.
Tesla is planning to revolutionize the charging infrastructure for its fully electric long-haul trucks in the US.
Leasing companies are offering fleets a pathway to enter the electric vehicle (EV) space and adopt new technologies without the need to invest in their own trucks.
According to the American Transportation Research Institute (ATRI), running a trucking business has become more expensive due to rising fuel, wage, and equipment costs.
The U.S. Department of Transportation (DOT) has formed a Truck Leasing Task Force to address predatory lease-purchase agreements that exploit truck drivers.
Cushman & Wakefield's report indicates a slight increase in industrial vacancy rates during the second quarter, signaling a softening in the demand for warehouse and inventory storage space.
According to recent working capital research by The Hackett Group, the largest US companies are finding it increasingly difficult to extend payments to suppliers, indicating a potential ceiling on the practice of supplier payment terms optimization.
A Congressional report released on Tuesday revealed significant problems with the Treasury Department's $700 million loan to Yellow Corp. as part of a COVID-19 relief program in 2020.
Appian Capital Advisory has successfully sold the Santa Rita nickel mine and Serrote copper-gold project in Brazil for a total of $1.065 billion.
Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.
Shareholders at Toyota's annual general meeting rejected a proposal initiated by AkademikerPension, a Danish investment fund, calling for the automaker to improve its efforts in fighting climate change.
The COVID-19 relief funds intended to combat the pandemic and stabilize the economy became the target of the greatest grift in U.S. history.
U.S. corporate bankruptcies are on the rise in 2023, reaching their highest level since 2010.
The concept of a "tax credit loophole" regarding the rise in electric vehicle (EV) leasing implies a scenario where individuals or businesses leverage specific tax incentives or loopholes to maximize the advantages of leasing EVs.
The Federal Reserve has approved its 10th interest rate increase, raising its benchmark borrowing rate by 0.25 percentage point to 5%-5.25%, the highest since August 2007.
The FDIC has suggested easing the current deposit insurance limit for U.S. businesses, allowing bank deposit insurance for accounts holding more than $250,000, in an effort to address the industry's instability that led to three bank failures in the last two months.
Meredith Whitney, the once-celebrated financial forecaster, is eyeing a potential game-changer for the U.S. economy, and it doesn't involve government spending.