If we all learned one business tip from the pandemic, it’s that having reserve capital on-hand is essential to making it through changing times. Government stimulus was a welcome relief for many small businesses, but most of those programs have expired. Millions of small businesses that are still recovering from a pandemic induced revenue downturn, [...]

By: LendVer Staff – Finding the right loan for your small business can seem overwhelming since any online search shows tons of different financing types. However, there are actually only a few basic products that you need to consider when starting your journey. Here’s a breakdown of the main loan types and how to decide [...]

By: LendVer Staff – In recent months, and especially since the Fed’s September rate cut announcement, mortgage rates for investment residential properties have been steadily decreasing, presenting an attractive opportunity for real estate investors. Many investors have been sitting on the sidelines waiting for rates to come down. Now, lower rates mean reduced borrowing costs, [...]

By: LendVer Staff – Starting a small business is an exciting prospect, and stories of overnight successes are abundant in the news and on social media—but unfortunately, not all entrepreneurs are destined for greatness. According to the U.S. Bureau of Labor Statistics approximately 20% of new businesses fail within the first two years, 45% within the first five [...]

The $3.1B preferred SBA lender leverages the Fed’s recent rate reduction and the SBA’s guarantee fee waivers to offer even more affordable business financing. ST. CLOUD, MN, UNITED STATES, September 23, 2024 /EINPresswire.com/ — South End Capital, a division of Stearns Bank N.A., is leveraging the Fed’s recent rate announcement to lower interest rates on [...]