Line of Credit Depot

New York Economy

Featured Article posted by

Matthew Elling

September 26, 2023

Expanding Your NYC Small Business Without Excessive Debt Using Line of Credit Depot

As a small business owner in New York City looking to grow, you likely need funding. However, taking on too much debt or the wrong kind of financing can hinder rather than help expansion. This is where leveraging a flexible line of credit from alternative lenders like Line of Credit Depot can assist NYC small businesses in scaling intelligently.

Cash Crunch: Slowing New York Economy on Small Business Financing

The New York economy has been a major engine of growth and opportunity for small businesses for decades. However, recent data shows slowing statewide GDP and employment growth along with rising costs.

Across America, Small Businesses Are Scrambling to Access Working Capital

I’m a NYC business owner & I’m Moving to FL... How does it compare?

Why Your Prices Need to Increase Due to Inflation

The federal reserve just lowered its growth forecast and raised its inflation expectations for 2022. Finally, the central bank also sees the potential for seven rate hikes this year.