Business

The ABCs of SBA Loans

The ABCs of SBA Loans

Simply put, SBA Loans are federally guaranteed commercial loans. The Small Business Administration (SBA) is an independent agency of the Federal Government that assists small businesses in many ways, including setting guidelines for SBA loans and backing them with a guarantee. An SBA loan is made through a commercial bank, such as Webster Bank, and [...]

Co-Working for New Small Business Owners

Co-Working for New Small Business Owners

In the age before technology, the local coffee shop served as a central gathering place for a diverse group of business owners and professionals to meet and share ideas. Now that technology has evolved to a new level, hundreds of co-working sites are popping up in major cities across the country. What is Co-Working? You [...]

Why Your Small Business Needs an Annual Financial Check-Up

Why Your Small Business Needs an Annual Financial Check-Up

Every year brings new challenges to owning and operating a small business. Surely your business has adapted to those challenges, but have you reviewed your banking and cash management products and services to make sure they are in line with your ever-changing business needs? One way to ensure that you are taking advantage of the [...]

Cash Flow Forecasting 101

Cash Flow Forecasting 101

Sales can’t really be counted as cash until the payments are received – so let’s talk about Cash Flow Forecasting.   I recently attended a meeting of the Treasury Management Association of New England (TMANE.org) a professional networking and education forum for treasury professionals. If you’re a small to mid-sized business customer, here is some [...]

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