If grants don’t need to be repaid, are they better than a loan for your business? While grants can be a solution, here are some
SBA loans offer some of the lowest interest rates for small business financing. In the table below, we’ve compared the average cost of a $250,000
Here is what you need to know. Recently proposed legislation could end the Employee Retention Credit program on January 31, 2024. If passed, you will have less than 13
Dear Member, Happy New Year! We’re excited to kick off 2024 with a preview of what lies ahead for our small business offerings here at
We often hear from businesses who need capital urgently. Some of the most crafty businesses, however, seek capital without urgency. What are the top three
The SBA lowered requirements for larger loan amounts earlier this year. Do you know the four biggest factors that impact your loan size? Annual Revenue
How to use a business loan strategically. The SBA recently changed its loan program rules, allowing small businesses to receive larger loan sizes with fewer
On Thursday, September 14, the IRS issued an announcement regarding the Employee Retention Credit (ERC) program. This IRS release contained two major updates: 1) a
Hello Member, The IRS recently issued a press release, warning business owners of predatory ERC filers, noting the IRS would be increasingly focused on program
As we’ve shared, not all ERC processors are created equal. The IRS continues to warn business owners about ERC processors that over-promise credits, particularly as a result
NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.
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Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business
