One of the biggest dilemma / issues of the small business owner is the understanding and separation of business and personal assets. Most of us have heard of work & life balance, how about work and personal credit balance. Correct, similar to personal credit, we have business credit. It is very important for everyone business […]

All small business loans are either fixed-rate or adjustable-rate mortgages, i.e., either the monthly payment is fixed for the life of the loan or adjusts based on the underlying benchmark (commonly, Prime or 1-month LIBOR). Fixed-rate mortgage: the interest rate and the monthly principal and interest (P&I) payments remain the same for the life of […]