We’ve all heard the corporate Cinderella story: a person who started with nothing began a business in their garage and became a multi-billionaire. But even this person had to have a bit of cash to make it happen. The old adage is true: it takes money to make...
Commercial loans are a significant part of the national economy. When businesses need to grow, financing often comes in to cover costs of property, equipment and even working capital. But because many small business and mid-sized owners are frugal and often...
Rules of exchange have been available since the first peoples began to ascribe value to things and to barter and trade, so it’s no surprise that the financial services industry is steeped in tradition. But today, the world is changing exponentially and it’s not...
Businesses are always looking for ways to manage costs and retain earnings. Upgrading property is an opportunity to implement project details that accomplish just that. Through sustainable upgrades, businesses realize benefits that go beyond energy savings. The...
In early May, the Federal Reserve raised the Federal Funds Rate (FFR) by 0.25% or 25 basis points over the March 16, 2022 increase. That might not look like much, but this increase sends ripples through the national economy. The FFR affects interest rates on loans,...
The global and national economies have seen major hits in the past few years. We’re still dealing with the fallout from the pandemic, with the potential for new waves of infections looming. More recently, geopolitical events in Ukraine and Russia are playing havoc...
