What’s Happening with Rates
Category: Interest Rates
Why is business capital important for my company?
Business capital, also known as working capital, refers to the financial resources necessary …
Rising Interest Rates
With rising interest rates, it’s important for commercial borrowers to know their loan covenants! Get out your loan documents and review them — it’s time!
The next Federal Open Market Committee (FOMC) meeting
The next Federal Open Market Committee (FOMC) meeting is in 14 days and the Fed is expected to increase the Target Rate to 5.5%, which would increase the Prime Interest Rate to 8.5%. A lot of Commercial Real Estate (CRE)…