SmartBiz
Will Business Loan Rates Go Down in 2025?
By: LendVer Staff – Business loan rates have been on the rise in recent years due to sustained efforts by central banks worldwide to combat inflation. As of early 2025, the interest rates for popular small business loans such as Small Business Administration (SBA) loans, range between 7.5% to 14%, depending on the lender and [...]
Federal Reserve’s 25-Basis-Point Rate Cut: A Boost for Small Businesses
By: LendVer Staff – On November 7, the Federal Reserve implemented a 25-basis-point reduction in interest rates, a move that could positively impact small businesses across the U.S. For entrepreneurs and business owners, the implications of this rate cut extend beyond lower borrowing costs—they offer opportunities for growth, reinvestment, and financial stability. Let’s explore how [...]
How to Open a Reserve Line of Credit
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, [...]
How to Consolidate Business Debt
By: LendVer Staff – On the path to growth, business owners sometimes find that they’ve accumulated more business debt then they originally anticipated. Consolidating business debt is possible and involves combining multiple debts into a single loan, often with a lower interest rate or lower payment. Consolidating business debt may potentially reduce overall costs, making [...]
Understanding Revolving Business Credit Lines
By: LendVer Staff – Financing can be a confusing topic for a business owner and locating the simplest and most affordable loan option can be just as difficult. One of the best business financing products is a revolving business credit line which is a versatile tool that provides companies with flexible access to funds. Let’s [...]