interest rates
You’ve probably heard it said before, “The only businesses that can get loans are those that don’t need them“. There’s probably some truth to that statement because if you really need a loan for your business to function, your lender might worry about the cash-flow you generate and the ability to pay…
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We know where we have been as interest rates and inflation have moved upwards in the last two years. . . but, do we know where we are headed with those items and how their future directions will affect our businesses going forward? I found some information that may be helpful to…
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“Interest rate increases are aimed at curtailing swelling inflation But using interest rate hikes to bring down inflation creates a whole new set of problems for small business owners,” said Aleksandar Tomic, an economist and associate dean at Boston College in this article from Business News Daily. The United States Federal Reserve…
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Upon the heels of a very profitable quarter and yearly report of funeral and cemetery consolidator Carriage Services, Moody’s Investor Services last week raised the credit rating of the company as you can see in this article here. A better credit rating should drive down borrowing costs for Carriage Services and, according to the Year…
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