When the loan is in default, the lender can take legal action against the borrower or accelerate the remaining balance. The debtor's credit history will be affected. Default occurs...
Posted by BEST FINANCIAL GROUP LTD on 01/31/2022
There are a series of deductions available for all qualified small business owners. It can go a long way to reduce their tax burden even though most businesses are not aware, let alone...
Posted by Tiffany Gaskin on 12/18/2021
We recommend that you keep some documents and files longer than others. It really depends on the document and your business.With the exception of some guidelines from government agencies,...
Posted by Dennis Jao on 12/10/2021
Defaulting on your business loan will trigger a series of negative consequences. It might accelerate the loan, making you owe the entire loan balance rather than what is outstanding...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/26/2021
While a credit score does not give the real picture of our credit history, it offers creditors, landlords and lenders an idea of our financial management skills. This article will...
Posted by James Financial Services Inc on 07/24/2021
Small business funds can help you launch your startup, hire more employees, or open a new location. The right kind of funding for your small business will largely depend on what you...
Posted by Dennis Jao on 07/06/2021
One of the things that occupies most of a businessman’s time when it is time to file taxes is how much legitimate tax deductions they can make. Next to saving you some extra...
Posted by Taxes Made EZ Inc on 12/21/2020
A business line of credit gives you access to a range of funds when you need capital. Unlike the traditional business loan, you have the option of borrowing up to a predetermined amount,...
Posted by James Financial Services Inc on 08/07/2020
Two small-business loan programs will be given new life after a $484 billion coronavirus aid deal was finalized last week. The programs are created to relieve the economic devastation...
Posted by Taxes Made EZ Inc on 06/23/2020
