by RidgestoneAdmin | Aug 2, 2023 | Small Business Loans
Maximizing the Benefits of a Section 179 Deduction for Your Small Business Navigating the complex terrain of taxes can be a daunting task for many small business owners. Yet, understanding and effectively utilizing certain tax provisions can frequently yield...
by RidgestoneAdmin | May 15, 2020 | Small Business Loans
The total number of loans given to small business owners by traditional lenders has dramatically decreased by over 20% in the last decade. Conventional money lenders are increasingly avoiding the small business space, but that should not be a call for alarm. After...
by RidgestoneAdmin | May 1, 2020 | Small Business Loans
According to a report published by the Small Business Administration, over $10 billion was loaned to small businesses between January 1 and April 17, 2020, in the form of 7(a) loans. In the same 4.5-month period, over $55 million was loaned in the form of Community...
by RidgestoneAdmin | Mar 1, 2020 | Small Business Loans
As a business owner, you have heard the term PAYDEX but may not know exactly what that term means and more importantly what it means for your business. When trying to secure funding for a business loan your company’s PAYDEX score will be an important determining...
by RidgestoneAdmin | Feb 15, 2020 | Small Business Loans
Fortunly, a website devoted to the latest business and financial news, recently reported on some statistics from the Small Business Administration. Among those statistics include the fact that it requires an average of $30,000 to get a new business going. Since you...
by RidgestoneAdmin | Jan 15, 2020 | Small Business Loans
Whether you’re just starting your business, looking to expand or want to purchase new equipment, you’ll need cash to reach your goals. A business loan can provide that cash, but will you have to pledge collateral? That depends on the type of loan...
