RECENT

How to Qualify for an SBA Loan

One of the most popular financing sources for small businesses in the US is securing an SBA loan. In fact, during the fiscal year 2022, the SBA approved over $43 billion in annual small business funding. However, these loans are known for their stringent eligibility criteria, and the challenges in loan qualification requirements make it… Read more »

READ THE STORY

A Guide to Small Business Tax Deductions

It’s no secret that a small business owner’s plate is overflowing with responsibilities leaving little to no time to decipher the intricacies of tax codes. Many small business owners, unfortunately, struggle to maximize their tax deductions because they’re too engrossed in managing their company or may just be unaware of the latest opportunities. Each year… Read more »

READ THE STORY

Net Income vs. Net Revenue: What’s the Difference?

Learn about the differences between net income vs. net revenue for small businesses.

READ THE STORY

Best Small Business Loans for Your Trucking Company

There are different types of trucking businesses thriving in the trucking industry. They can be classified by route, such as local, regional, or national carriers, and they can also be classified based on the type of load shipping, such as LTL (less than truckload), FTL (full truckload), reefer (refrigerated goods), white glove (special handling), and… Read more »

READ THE STORY

How To Get Trucking Business Loans

With over 500,000 trucking businesses in the United States, it is one of the country’s most competitive industries. As of 2020, the U.S. trucking industry was valued at $732.3 billion, with 902,000 truck drivers employed. But therein lies a problem. With about 900,000 drivers to 500,000 businesses, there are fewer than two truckers for every… Read more »

READ THE STORY

A Guide to the Section 179 Deduction

If you’d like to use the Section 179 deduction to buy business equipment, make sure you understand the latest rules. Here are the key changes for 2021.

READ THE STORY

Bonus Depreciation vs. Section 179: What’s the Difference?

The difference between Section 179 and bonus depreciation may seem subtle, but understanding the key details will help you get the largest tax break.

READ THE STORY
FINANCIAL HEALTH
VIEW ALL ARTICLES
LOANS & LENDING
VIEW ALL ARTICLES
PLANNING FOR GROWTH
VIEW ALL ARTICLES
TAXES & REGULATIONS
VIEW ALL ARTICLES