Loans

Top shops understand what numbers they can control, and they measure them daily. Stack the deck in your favor.

Never be afraid to part with cash if your business will benefit in the long run. It’s an investment, not a problem.

Having bad credit can be damaging for shops because it keeps you from pursuing growth or strategic decisions.

A small business loan can help you hire a new staff member, purchase new equipment and expand into new repair procedures.

The “Consolidated Appropriations Act, 2021” includes provisions impacting the aftermarket industry.

Two hearings were held to discuss the current status and future recommendations for the Paycheck Protection Program.

The SBA will forgive up to eight weeks of a borrower’s loans, contingent upon certain rules.

The PPP loan was a key component of the CARES Act, which became law on March 27.

At some point, most small-business owners will visit a bank or other lending institution to borrow money. Understanding what your bank wants, and how to properly approach a loan officer, can mean the difference between getting the money for your shop expansion plans or having to scrape through finding cash from other sources.