You may have an idea that your convictions tell you will be a successful venture. But finding the funds for the project can be daunting for aspiring entrepreneurs. Traditional banks tend to have restrictive rules, especially for a new business. Lending institutions are skeptical about new businesses. So collateral is often a requirement. In essence,…
By now, it is no secret that the coronavirus known as COVID-19 (“coronavirus” is a family of viruses) is spreading across the globe, including the United States. How might this impact your life? Whether or not COVID-19 cases have been reported in your area, and whether or not you yourself are ill, there is no…
There are many factors that set credit unions apart from other financial institutions. In this article, we will present some of the key advantages to joining a credit union, particularly as they relate to loans. If you’re interested in joining a credit union, but you’re not sure what makes them different, then this is a…
