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Do you want to grow or modernize your small business? The SBA’s 504 loan program, also known as a Certified Development Company (CDC) loan, might just be what you’re looking for. Continue reading →

Getting an SBA loan? Check your credit, gather key documents, and fill out required forms. Work with your lender to ensure a smooth application process. Preparation is key! Continue reading →

Looking for business funding? The SBA 7(a) loan offers up to $5 million for various needs, with the SBA guaranteeing up to 85%. Your lender provides the funds, and the SBA backs it. Check your eligibility and start your application today! Continue reading →

If you don’t have an employer-sponsored retirement plan, it’s time to look at IRAs. IRA stands for Individual Retirement Account, and there are four different types — all of which fall under the heading of ‘self-directed’ retirement plans Continue reading →

From day one, business owners should have a separate bank account in which to deposit their income and pay their business expenses as it’s easier, faster and more accurate to claim business expenses. Continue reading →

With a struggling economy, inflation, and everyday struggles, the desire for an unexpected windfall of “free money”, combined with the desperation to cover piling bills can make people susceptible to fraud. Continue reading →

When it comes to protecting your small business, your profit margins are not what should determine whether to get insurance. What matters is how great the impact would be to your business should something unexpected go wrong. Continue reading →

Refinancing could reduce your monthly mortgage payments, freeing up your budget for other priorities. Continue reading →

Sound offers several options to make loan payments. Though we recommend making payments from within Online Banking, we offer several other payment options that don’t require Online Banking or the Mobile App.
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