The prime rate fell to 7.50% by December 2024, and if your credit line prices off prime, every $50,000 drawn costs $500 less per year than it did in September — here is how and when the change lands.
Isabel Duarte
When input prices swing, the businesses that survive are those whose contracts specify who bears the swing — indexed pricing, bands, and hedges beat hope.
Michael Hayes
Investors triage decks in minutes — the survive-or-die slides are the problem, the traction, and the arithmetic of the ask.
Priya Vaithilingam
A $52,000 salary is not the cost of a $52,000 employee: employer payroll taxes alone add 7.65%, and the fully loaded total typically lands between 1.25 and 1.4 times base pay, per BLS employer-cost data.
Editorial Staff
Lenders extend liquidity in good quarters and ration it in bad ones — the undrawn line you set up this year is next year's crisis tool.
Tanya Brooks
Banks post the prime rate, the Fed publishes it, and your note decides when it lands. The spread and the reset date do more work than the headline number.
The federal guarantee behind an SBA 7(a) loan protects the lender's exposure, not the borrower's balance — here is what it does and doesn't change.
The Federal Reserve left its benchmark rate unchanged on July 29, keeping SBA 7(a) borrowing pinned to a 6.75% prime rate and leaving open the chance the next move is up, not down.
The Fed held rates on July 29, 2026, keeping the prime rate that prices many small-business loans at 6.75% — here is how that number actually reaches a line of credit or an SBA 7(a) loan.
Tanya Brooks
Before you sign anything, the franchisor owes you a 23-item disclosure document, on a clock — and the parts that matter most are items 5, 6, 7, and 19.
Priya Vaithilingam
Up to 20 percent of qualified business income, tax-free — if your business clears the service-business tests or stays under the income thresholds.
Isabel Duarte
Eight times a year, three paragraphs of committee prose move your borrowing costs — the signal is in what changes between statements, not in the words themselves.
Michael Hayes
Escalation language decides who absorbs the next cost shock — the index, the trigger, the cap, and the notice period are the four terms worth fighting for.
Isabel DuarteExplore the data · Source: U.S. Census Bureau