Powell just said that interest rates are ‘likely to be higher’ than previously expected. To combat runaway inflation the Fed continues to raise interest rates. Restoring price stability means that monetary policy will be tightening for the foreseeable future.
Did you see Federal Reserve Chairman Jerome Powell testify to House Financial Services Committee on Wednesday March 8th?
Powell just said that interest rates are ‘likely to be higher’ than previously expected. To combat runaway inflation the Fed continues to raise interest rates. Restoring price stability means that monetary policy will be tightening for the foreseeable future.
The Federal Reserve has been choking economic growth by raising the cost to borrow money. This is done with the hopes of lowering inflation, with a target of 2%. Currently inflation is currently at 6.4%.
So how does this relate to YOU as a business owner? Higher costs of goods and services, but also higher costs of borrowing money. BUT can your business use capital and make margins that exceed the costs of capital?
Because the dollar has less value, the cash your business is generating is less valuable. So a viable solution for this business problem is to make more cash. Oftentimes, borrowing money to generate more income is completely viable and can be replicated over and over again.
In the current state of Stagflation, growing your business means expanding to more customers and identifying money making business opportunities. If your business had access to a SBA guaranteed term loan, could your business generate more income?
The APR for an SBA 10 year note is 9%. So, the interest paid in 1 year for $100,000 would be $8,737.
Could your business put $100,000 to work and generate margins over $9,000? Every business that we arrange an SBA loan for makes sense of the cost of capital and you can too. Please let me know your thoughts.
To check the likelihood of approving your business for an SBA Note or Line of Credit, Get Started Here
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US Capital Source makes the application process seamless and available to every Business owner.
Submit all the necessary information to a number of potential lenders in one place! We eliminate the need to fill out multiple applications and allow you to compareloan options from different lenders. Reduce the risk of errors and time to secure a loan, as all the necessary information is collected in one application.
By submitting all the required information in one place, businesses can speed up the loan application process and receive a loan decision much faster so you can start to grow your business, more quickly.
Interest rates and repayment timeline tailored to your chosen offer. Help finance the expansion of your business.
With relationships across the country, US Credit Source is able to provide quick Lines of Credit less than two points above WSP Prime
Access working capital quick and on short-terms so you can pay back your financing sooner. Use what you need, when you need it. US Credit Source has various options for all Business Owners
Upgrade your Business with financing for Business Equipment. Equipment keeps the busy running and US Credit Source has access to fast capital for all your equipment financing needs
Receive invoice factoring and provide your business with a source of working capital to fund operations and growth.
A Government Grant program under the CARES Act. US Credit Source has helped thousands of Business Owners receive employee tax credit from 2020 and 2021
