In observance of Independence Day, Signature Bank will be closed on Friday, July 3rd 2020. | Effective July 6th We Return to Drive-Thru Service Only, M-F 8:30a - 4:30p

What’s a HELOC? Everything You Need to Know About Home Equity Line of Credit

home equity line of credit

Between 2018 and 2022, nearly ten million homeowners will tap into a home equity line of credit for a financial boost. What do these people know that you don’t? Read on for everything you need to know about the amazing borrowing power you already have if you are a homeowner. Harnessing Your Home’s Value Homeowners … read more

How Do Business Loans Work? Everything You Need to Know

Loan Concept

Here’s a nugget of wisdom that not all business owners know… Companies with debt are 19% more likely to make it past the third year compared to those without debt. Also, these borrowers made almost 200% more profits than those with no debt within the same time frame! All these highlight how big a role … read more

10 Finance Tips Every Small Business Owner Needs to Know

Executive business people team brainstorming on meeting to conference planning investment project working and strategy of business making conversation with partner, financial and accounting concept

Lack of knowledge about finance and accounting is a significant problem in the small business world, with 60% of small business owners feeling like they don’t know enough. Part of the issue is that business finance may not sound very exciting, but exciting or not, it’s a critical part of your business. Here are 10 … read more

What Are the Benefits of Building a Good Business Credit Score?

business credit score

There are about 28 million small businesses currently operating in the United States alone. But the most successful companies all have one thing in common: a great business credit score. Building your business’s credit score takes time, but the higher the number is, the better off you’ll be. So, why is having a great score … read more

Understanding the Pros and Cons of Using a Personal Loan for Business

Personal loans for business

A full 77 percent of small business owners said they use personal funds to keep their doors open. In some cases, that means drawing on savings and other accounts. For more people, it means leveraging their personal credit to get loans. Getting the right financing is crucial for any business. It’s sometimes easier to get … read more

5 Helpful Tips for Boosting Your Loan Approval Odds

loan approval odds

Around 17 million Americans have taken on a personal loan in recent years. They’re often advertised as great options, with low interest rates and no collateral. That doesn’t mean everyone gets approved for a loan, though. Lenders still routinely deny applicants loans for a number of reasons. There is good news. You can increase your … read more

Credit Card Options: How to Choose a Business Credit Card

Hands holding credit card and using laptop. Online shopping

What if one wrong choice completely sabotaged your business? A business credit card is one of the best ways to expand your business as well as take care of day-to-day needs. Unfortunately, many business owners end up choosing the wrong card. Wondering how to choose the right card and how this can help your business? … read more

Finding the Right Provider: How to Choose a Merchant Service Provider

Cashier hand holding a Credit card over EDC machine or credit card terminal with calculator and glasses.

Americans are moving away from cash for purchases. In fact, up to 50 percent of people who responded to a survey stated they avoid carrying cash. When they do take cash along, 76 percent stated they have less than $50 on them. As a business owner, you need to pay attention to these statistics. It’s … read more