Nonbank loans covered on CNN Money

CNN Money recently published an article by Sara Ashley O'Brien (@saraashleyo) that profiles the state of non-bank small business lenders in the country.  Mike Periu was quoted: "Small business owners need to carefully evaluate lending options and understand that not all lenders are created equal," said small business adviser Mike Periu. "It's up to the borrower to do their homework." As the non-bank lending sector continues to grow its more important than ever that small business owners do … [Read more...]

Breaking the barriers to growth capital

Breaking down barriers to growth

Small businesses generally have a difficult time obtaining the financing they need to grow. Barriers to growth capital can seriously hinder an owner's plans for expansion.  According to the Federal Deposit Insurance Corporation, the last 20 years have seen a significant decrease in banks’ lending to small business: In the mid-1990s, small business loans represented one third of all business loan balances; today it’s down to one in five. Last quarter, overall business lending grew at an … [Read more...]

Easier SBA lending requirements are in your future

There's good news for entrepreneurs: Small business lending is hot again. Since the financial crisis of 2008, small businesses have had a difficult time accessing loans through traditional banks. But with small-business confidence on the rise and a slowly-but-surely improving economy, small-business borrowers are once again front and center on the competitive stage of business loans. Numerous non-bank lenders that are focused on small business have emerged in the past few years, with some … [Read more...]

Borrow Your Way to a Lower Tax Bill

Tax preparation

It's not likely the first thing that comes to mind when looking to lower your taxes, but borrowing money (the right way) can save you thousands. Borrow Your Way to a Lower Tax Bill Taxes are going up. Way up. Starting this year and continuing through 2018, a series of taxes on earned income, investment income, payrolls and certain benefits will increase dramatically. Healthcare reform, the Fiscal Cliff resolution, adjustments for inflation and other factors are the root cause. The net impact … [Read more...]

Vanguard Group Founder John Bogle Believes We Are Headed for a Massive Financial Disaster

High Risk

The U.S. is headed for a retirement crisis which could wipe out the dreams of most workers and business people. And John bogle Believes we are headed for a massive financial disaster. John Bogle founded The Vanguard Group in the 1970s and built it into the second largest mutual fund company in the world with current assets of $2 trillion. Bogle is also largely responsible for making Index Funds available to small investors. When it comes to providing an expert opinion on investing for … [Read more...]