Tag: Small Business Lending

Rising Interest Rates Put Small Business Owners' Plans on Hold

Rising Interest Rates Put Small Business Owners' Plans on Hold

Listen to article (2 minutes) Add rising interest rates to the challenges that small businesses are already grappling with, including inflation, labor shortages and strained supply chains. Some small businesses are cutting back on borrowing, paying down debt or delaying expansion plans as interest rates rise. Others worry that rising rates will boost prices charged […]

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As Pandemic Aid Dries Up, Businesses Chase Covid Tax Credit

As Pandemic Aid Dries Up, Businesses Chase Covid Tax Credit

A temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going beyond what the law allows. The Paycheck Protection Program and other federal aid programs long ago shut their doors. But small businesses and […]

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