Know your Bank Terms

Yes, actually the terms - words - themselves!

It pays to know all those abbreviations and previously unfamiliar merchant/bank terms whether you are looking for a loan, thinking of investing, or just getting into the funding business yourself. Here's a great glossary for the most commonly referred to terms in all that fine print.

Write-Off your Small Business Loan!

Per Obama's 2010 Small Business Jobs Bill, you can now write off your small business loan. One of the exciting points of this bill is that it raises the limits on SBA loans from $2 Million to $5 Million; the $30 Billion Lending Program is reserved for Banks with less than $10 Billion in assets.

(See full article here.)