If you’re considering investing in commercial real estate in Oklahoma, consider applying for a commercial real estate loan. This financial tool helps entrepreneurs and businesses acquire, develop, or refinance commercial properties. How does a commercial real estate loan work? This blog post will explore everything you need to know about commercial real estate loans. Overview […]
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When it comes to financing options for businesses, two common choices are USDA guaranteed loans and balance sheet loans. These loans play a crucial role in helping companies secure the necessary capital for growth, expansion, or operational needs. However, they have distinct features and eligibility requirements that every business owner should understand before deciding which […]
In an increasingly digital world, financial transactions have become more convenient than ever. One such transaction method is the Automated Clearing House (ACH) system, which facilitates electronic funds transfers, making it easier to manage bill payments, direct deposits, and more. However, this convenience comes with a downside: the rise of ACH fraud. In this comprehensive […]
Myth 1: USDA Loans Are Only for Farmers and Ranchers One of the most common misunderstandings about USDA Guaranteed Loans is that they are solely intended for farmers and ranchers. This couldn’t be further from the truth, as the USDA Guaranteed loan programs that fall under the OneRD regulation (business + industry, community facilities, rural […]
Contactless payments have become increasingly popular in recent years, offering a convenient and quick way to make transactions without needing physical contact or the hassle of entering a PIN. However, with the rise in popularity of this payment method, concerns about its safety have also emerged. In this article, we will explore how secure is […]
In December 2021, the United States Department of Agriculture (USDA) introduced the Food Supply Chain Guaranteed Loan program as a promising initiative to strengthen the nation’s food supply chain. With the American Rescue Plan Act (ARPA) providing the program with a mandate to guarantee approximately $1 billion of qualifying loans, hopes were high for its […]
If you’re in the agriculture business, you might be looking for ways to spend less money on electricity. However, this can require a hefty capital, especially for small and mid-sized operators. Fortunately, there’s a grant program that can help farmers of all sizes get the funding they need to make their rural farms, ranches, and […]
Are you thinking of purchasing a ranch? The allure of wide-open spaces, the opportunity for a self-sufficient lifestyle, and the chance to reconnect with nature make buying a ranch appealing. However, before you embark on this exciting journey, it’s crucial to consider various factors to ensure a successful and fulfilling investment. Ranching is not merely […]
Credit scores are a fundamental part of the credit underwriting process. Generally, a good credit score allows an individual to obtain credit, and on better terms, than would be available with a low credit score. A low credit score can severely reduce loan availability, with more credible lenders such as local community banks passing on […]
Running a farm is hard but rewarding work, particularly if you are on top of your finances. This post will discuss specialized loans that are intended to help farmers grow their agricultural businesses. Whether you are a small-scale farmer looking to expand your operations or a seasoned agricultural entrepreneur planning to invest in modern equipment, […]