What’s the Difference Between SBA 504 vs. 7(a) Loans? (And Are There Better Options?)
Applying for a small business loan is often a stressful process. It can be confusing to navigate the application process and the sheer volume of options available may feel overwhelming. The Small Business Administration (SBA) […]
Q & A: Get to Know Team Financial Group’s CEO and President, Matt Maczka
Matt Maczka knows the value of relationships. It’s one of the reasons why he returned to his hometown, Grand Rapids, Michigan, in 2012 and joined Team Financial Group. He was named President in 2015 and […]
What Are the Benefits of Loans for Workplace Energy Efficiency Improvements?
As the world becomes a smarter, more environmentally conscious place, there are plenty of opportunities for individuals and business owners to minimize our footprint and help ensure a healthy planet for our children. Investing in […]
How to Match Financing With the Equipment Life Cycle
Your business depends on equipment to function, but it might seem like you need a crystal ball to figure out what equipment to buy, when to buy it, how to buy it, how to maintain […]
Carpentry Startup Goes Against the Grain to Secure Funding
Hudsonville, Michigan-based Straight Edge Customs offers residential, multifamily, and commercial customers a variety of carpentry services, including rough and finish carpentry, custom cabinetry, and decks. Owner Geoff Farrier works to ensure that his deep industry […]
Team Financial Group Helps Integrated Technology LLC (ITg) Achieve Rapid Growth at Scale
Integrated Technology LLC (ITg) takes a customer-centered, fresh approach to the office automation business. Founded in 2018, the company offers a one-stop business solution for office supplies, document management, VoIP, digital marketing, and managed network […]
Can You Take Section 179 On Used Equipment?
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment for the current tax year — instead of writing off the purchase over the course of several […]
How Does Inflation Affect Fixed-Rate Loans?
Inflation happens when prices rise, which means the purchasing power of your dollar falls. Although that sounds bad, most economists agree that a moderate inflation rate is necessary for a healthy economy, because it encourages […]
Hybrid Machining Solves Startup Challenges With Help From Team Financial Group
Hybrid Machining is a Holland, Michigan-based manufacturing company founded by Jeff Robinson that handles a wide range of machining jobs, from simple to highly complex. The company combines traditional machining skills with three different 3D-printing […]
How Do I Get a Credit Card for My New Business?
Starting a new business is a thrilling experience. After all these years, you’re finally ready to make your dreams a reality, and you’re poised for success. This new venture takes serious bravery, ambition, and finances, […]
