Securing a Small Business Administration (SBA) loan often involves navigating complex tax return requirements. These requirements significantly impact the loan application process, making it crucial for business owners and SBA lenders to understand the intricacies involved. The recent introduction of Form 4506-C has changed how
Lending is a complicated business. By law, it takes time. In reality, the checks, balances, and safeguards in the process protect everyone, borrowers and lenders alike. Still, as one loan company CEO put it, borrowers want to know how long the application process will be
On August 1, 2023, Minnesota will officially become the 23rd state to decriminalize the possession of marijuana. As a result, some companies across the state will have to adjust their pre-employment drug testing policies. Managers, HR representatives, and others involved in the hiring process will
Have you ever considered running credit checks on your job applicants? Maybe not. After all, you might feel that your employees’ financial histories have no effect on their work performance. However, credit checks can tell you important things about job candidates. And they might even help
In the past, businesses seeking loans always relied on official financial institutions to provide the money they needed. But today, peer-to-peer lending has become a proven alternative that many businesses can utilize to gain access to the money needed to power their businesses. What is Peer-to-Peer
The mortgage lending industry is forever a dynamic and rapidly changing landscape. New trends and developments continue to shape the way that lenders operate and compete. As we look ahead to 2023, it is important to be prepared for the challenges and ready to take
The advent of Open Banking has changed how consumers access and share their personal financial and banking information. While the EU has already embraced Open Banking, interest in the US is growing in its usage with both the consumer and the lender. Open Banking vs Traditional
Few things are more crucial to the success of your company than your employment practices. Hiring the right people is the only way to ensure that your company will be profitable. However, bias can easily creep in and undermine your best efforts to form a
For decades, one little box on a job application was the bane of many people's attempts to find work: "Have you ever been convicted of a crime?" Usually, if the person had a criminal history, this was the death knell for the applicant's hopes of