Wed.Feb 26, 2025

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Equipment Loan Terms - What Influences Them?

Commercial Credit Group

When discussing a possible equipment loan, many people quickly ask some combination of these questions, What is the interest rate? , How much is my monthly payment?, and How many months can I have to pay it off?.

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The Top 3 SBA Myths

FNB Small Business

SBA loans are one of the most powerful tools for businesses looking to grow, yet misconceptions can sometimes deter business owners from exploring this financing option. As experts in this field, were here today to share the facts about SBA lending. Lets clear up some of the most common myths about SBA loans and set the record straight.

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Maximizing Profitability with Job Costing

Accounting Department

Understanding exactly how much each job or project costs your business is essential for maximizing profitability. However, many business owners struggle to track costs accurately, leading to mispriced jobs and unexpected expenses later on. This is where job costing comes into play.

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How banks attract new deposits in a competitive landscape

Abrigo

Banks & credit unions recognize the importance of new deposits After years of consistent deposit growth, financial institutions have faced a shift recently, with deposits declining since 2022. How can they attract and retain new depositors? Strategies to help banks attract new deposits Banks and credit unions planning for 2025 agree that attracting and retaining deposits remains a top priority.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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What Small Business Owners Need to Know About Recent Interest Rate Changes

FNB Small Business

The Federal Reserves recent rate cut offers much-needed relief to business owners facing historically high borrowing costs. These interest rates directly impact borrowing costs for small business loans, commercial real estate loans, and other financing options. For small business owners, even a slight rate adjustment can have significant financial implications over the long term.

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Business Checking vs Personal Checking: Why The Difference Matters

CreditStrong for Business

Whether your business is getting off the ground or youre scaling up your hobby to make things official, establishing the right financial system for your business is essential to tracking and maintaining your success. Let’s start with a way these two are similar. A business checking account is FDIC insured in the same way that your personal bank accounts are with the same limit of $250,000 per depositor.

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The Art of Downsizing: Simplifying Life After Retirement

Due

In retirement , we shed the constraints of our daily routine and rediscover ourselves. Often, this means reevaluating our living arrangements and belongings. For many, that means downsizing to simplify their lives. Despite the misconceptions , downsizing is more than just decluttering. Its a journey of self-discovery. The more we simplify our lives, the more we can reduce stress, gain a deeper sense of purpose, and create space for the things that matter most.

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What Are Business Tax Liens? And How They Affect Your Business Credit

CreditStrong for Business

In 2020, the IRS received 60.3 million tax returns with additional taxes due. However, by the end of the tax filing season, around 8.4 million of those tax bills remained unpaid. When a business owes taxes to the federal government and fails to pay them, the Internal Revenue Service might file a tax lien against the company. If your business is behind on its taxes, its best to find a way to avoid a tax lien if you can.

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Collenda - Untitled Article

Collenda

Evolving Financial Landscapes : Aryza’s Insights on Q4 2024 Insolvency and Lending Trends Aryza Group is pleased to share its analysis of recent trends in the individual and company insolvency market in England, Wales, and Northern Ireland from October to December 2024, based on the latest data released by the Insolvency Service. Personal Insolvency The total number of individual insolvencies in the fourth quarter of 2024 reached 29,013, up from 24,910 during the same period in 2023.

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Why E-Invoicing Matters in Logistics

Emagia

The logistics sector handles a high volume of complex transactions, including freight charges, shipment tracking, and third-party logistics coordination. Traditional invoicing methods are often cumbersome, error-prone, and prone to delays, impacting cash flow, profitability, and customer satisfaction. E-invoicing offers several advantages: Enhanced Efficiency: Reduces manual data entry, minimizes errors, and accelerates invoice processing.

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NVIDIA Earnings Report Poised to Impact Global Tech Markets

Due

NVIDIA, widely considered the most influential stock in todays market, faces a critical moment as it prepares to release its earnings report. The semiconductor giants performance significantly impacts the broader technology sector and global markets. Market Expectations and Recent Performance NVIDIA has demonstrated remarkable growth, with sales increasing by 25% in the previous year.

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AI in credit risk management: A friend, not a foe

Abrigo

This article covers these key topics: Reframing AI at your financial institution The traditional approach to loan review AI-driven loan review: friend or foe? The future of AI in loan review Viewing AI as an ally in credit risk management Why loan review professionals should look to AI to improve accuracy, efficiency, and spee d. Reframing AI at your financial institution I am an avid reader.

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Apple Invests $500 Billion on Future US Innovation

Due

On Monday , February 24th, tech giant Apple announced that it is planning to invest over $500 billion in the United States over the next four years. This massive investment includes new manufacturing locations, doubling the manufacturing fund, and the expected hiring of 20,000 people. Massive Investment from Apple CEO Tim Cook said with this announcement, We are bullish on the future of American innovation, and were proud to build on our long-standing U.S. investments with this $500 billion comm

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Investing in Cryptocurrency in 2025: What New Investors Should Know

Due

If you are considering investing in cryptocurrency this year, weighing several factors will help you proceed confidently. Although all investments come with risks, educating yourself about practical ways to mitigate them is an excellent way to reduce the possible effects. The crypto market has been awful the last few weeks, but no one can predict the future with certainty, so the best approach is to be proactive and learn about all the elements affecting your investment choices.