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Ideal CU Business Member Spotlight - Xpressmen Logistic Services

Business Name: Xpressmen Logistic Services
Location: Minneapolis/ St. Paul, MN
Owner: Seth Jones
Opened for Business: 2005
Website:  https://xpressmenlogistics.wixsite.com/xpressmen-logistics

 

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A Helpful Guide to Applying for a Business Loan

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Does your business need an infusion of cash to help it grow? A business loan can provide you with the resources your business needs and offer an affordable payback plan. Here are some helpful tips to keep in mind when applying for a business loan.

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When and Why to Take on Business Debt

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Taking on debt, such as a loan or a line of credit, can provide a business with the cash it needs to expand or fund a new venture. Here’s what you need to know about when and why it can make sense to take on business debt.

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PPP Flexibility Act Brings Important Changes to the Paycheck Protection Program

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Small businesses struggling to remain afloat during the economic upheaval caused by the coronavirus pandemic received some relief with the passing of the Paycheck Protection Program (PPP) as part of the historic CARES Act. The program provides eligible businesses with unsecured loans to help them cover payroll, rent and other ongoing business expenses, with the possibility of partial or complete loan forgiveness.

On June 5, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, making significant changes to the PPP program. Here’s what you need to know about these changes.

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