As we enter the new year, the US economy is strong and expected to continue growing. Unemployment is the lowest it’s been in over 10 years. Household spending has increased and fixed business investment continues to grow. That’s definitely good news, but as a result of all of this positive growth, interest levels are rising. While rising interest rates are good for the economy overall, it poses some challenges for small businesses, especially those that need to borrow money.
While a strong economy is good for business, it means higher borrowing rates. For business owners who are planning to borrow money, financing and timing are key in this solid economic environment. Funding needs to be obtained quickly before the interest rates rise again. And as time goes on, loans will become even more costly.
ExpoCredit specializes in providing flexible, custom short-term working capital solutions to businesses through a portfolio of financial products and services. We serve the needs of both domestic and international companies who need immediate cash flow. Partnering with ExpoCredit will help maximize your business growth in this current economic environment. We make it easy and efficient with effortless execution.
Excellence * Execution * Experience * Expertise * Flexibility
Let ExpoCredit be your Financial Expert!
Contact us at email@example.com or +1 (305) 347-9222 to learn more
Forbes.com/With Interest Rates Rising, Small Businesses Should Apply for Loans Now
Fundera.com/Rising Interest Rates Could Make Business Loans Expensive, but Here’s the Good News
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