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1West blog

The beliefs behind the money.

We believe in small business. So we’re inspired by the stories behind them. Read how businesses of all shapes and sizes turned the right loans into their own versions of success.

What Are Construction Business Loans: How to Get a Loan to Start a Construction Company

What Are Construction Business Loans: How to Get a Loan to Start a Construction Company

Starting a construction firm is an exciting project. But like building a house, you need money to get everything you need. That’s where construction financing comes in. By financing your venture, it helps lay the foundation for its future and success. In this short guide, you’ll learn how it works,

  • by Nathan Armstrong
  • April 9, 2024
. Featured image for “What Happens to Your SBA EIDL Loan if Your Business Closes?”.

What Happens to Your SBA EIDL Loan if Your Business Closes?

What happens to your SBA EIDL loan if your business closes down? While it is a common concern, you shouldn’t worry about it. In this guide, we’ll walk you through the steps to take and your options for handling the loan, ensuring you’re informed and prepared. Let’s dive in! What

  • by Nathan Armstrong
  • March 13, 2024
Guy happily working as an IT developer. Featured image for “Pros and Cons of Outsourcing for Small Businesses: When and How to Do It”.

Pros and Cons of Outsourcing for Small Businesses: When and How to Do It

Working with an outsourcing company is a great way to maximize efficiency in your business and focus on what truly matters. In this article, we’ll explore the pros and cons of outsourcing for small businesses. By weighing both risk and benefit, you’ll be able to determine when and how to

  • by Nathan Armstrong
  • March 13, 2024

Is it possible to get a business line of credit with no credit check?

Sometimes, business owners require additional finances to grow and scale their business. While this can be obtained by collaborating with investors, many business owners choose to open a business line of credit instead.  What is a business line of credit? A business line of credit is similar to a credit

  • by Nathan Armstrong
  • February 16, 2024
Increasing Interest Rates

How Rising Interest Rates Affect Your Business and What You Can Do?

As an entrepreneur, you’ve probably heard the term “interest rates” thrown around in financial discussions. But what exactly are they, and how do interest rates affect businesses? In this article, we’ll take a look at 10 ways interest rates affect your business. For good measure, we’ll also throw in a

  • by Nathan Armstrong
  • January 29, 2024
Woman checking a page about interest rates on laptop. Featured image for “Is a Small Business Loan Fixed or Variable?”

Is a Small Business Loan Fixed or Variable?

Is a small business loan fixed or variable? This is one of the questions you’ll have to grapple with when securing financing for your small business venture, be it a restaurant or a daycare center. In this article, we’ll explore how fixed and variable small business loans work (along with

  • by Nathan Armstrong
  • January 3, 2024
Popular Business Loans for Insurance Agents

Popular Business Loans for Insurance Agents

Looking to take your insurance agency to the next level? You’re in the right place! In this article, we’ll explore the top business loans for insurance agents. These financial tools can help you grow your business, invest in technology, and expand your services. Small Business Administration (SBA) Loans SBA loans

  • by Nathan Armstrong
  • September 25, 2023
financing a laundromat business

10 Tips to Financing a Laundromat Business

Starting a laundromat business can be a lucrative venture, offering a steady stream of income in a recession-resistant industry. However, like any other business, financing is a critical aspect of turning your dream of owning a laundromat into a reality. Whether you’re looking to start one from scratch or you

  • by Nathan Armstrong
  • September 11, 2023
Tips When Getting Loans for Financial Advisors

Tips When Getting Loans for Financial Advisors

When it comes to managing finances, even financial advisors may find themselves in need of extra capital to fuel their ventures or address unexpected expenses. This is where loans for financial advisors come into play. Just like any other borrower, financial advisors need to approach the lending process, from the

  • by Nathan Armstrong
  • August 28, 2023
10 Mistakes to Avoid While Getting Quick Restaurant Funding

10 Mistakes to Avoid While Getting Quick Restaurant Funding

Starting and running a restaurant business can be an exciting venture, but it often requires a significant amount of capital to get off the ground or to sustain operations during challenging times. Quick restaurant funding can provide the necessary financial boost, but it’s essential to approach the process with caution

  • by Nathan Armstrong
  • August 14, 2023