Articles
Is Adjustable-Rate Financing Better in a Rising Interest Rate Environment?
Posted: October 28, 2022 | By: LendVer Staff – The question of whether adjustable-rate financing or fixed-rate financing is better may not have you scratching your head—as the benefit of locking in a predictable rate for the long-term may be obvious while the pitfalls of a seemingly volatile rate can be cause for concern. What [...]
How to Get a Disaster Relief Loan
Posted: September 30, 2022 | By: LendVer Staff – Hurricane Ian smashed into Florida’s southwest coast Wednesday afternoon as a devastating Category 4 hurricane and by Thursday night left nearly 2 million homes and businesses throughout Florida without power. Hurricane Ian may end up being one of the most powerful storms to ever make landfall [...]
Limited-Time, 2.65% APY 18-Month CD Announced by Stearns Bank
Posted: August 26, 2022 | By: LendVer Staff – Stearns Bank National Association, a $2.3 billion nationwide financial institution based in St. Cloud, MN, just announced the release of a limited-time 18-month certificate of deposit (CD) with an industry-leading 2.65% APY. Stearns Bank is a commercial bank primarily focused on cultivating and supporting the success [...]
What is an SBA Express Loan?
Posted: August 25, 2022 | By: LendVer Staff – In a prior article we discussed what SBA financing is generally, but today we’ll be talking about a lesser known SBA program called SBA Express financing. The SBA Express program is very similar to SBA 7(a) financing and is technically part of that program, but there [...]
Another 75 Basis Point Federal Reserve Rate Hike
Posted: August 2, 2022 | By: LendVer Staff – The central bank announced the second consecutive 75 basis point increase of its benchmark interest rate after the meeting of its Federal Open Market Committee (FOMC) this past Wednesday. The two back-to-back 75 basis point rate increases are the most aggressive ever enacted. Jerome Powell, chair of [...]