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The four Cs when preparing to take out a loan

The four Cs when preparing to take out a loan

Dr. Marvin Lozano When taking out a loan or line of credit, there are four basic questions that a lender will ask:  1) Credit2) Cash flow3) Collateral4) Conditions  The first is important for any owner of an existing business or startup – either operation is...
NMSBDC, Loan Fund reach bilingual entrepreneurs

NMSBDC, Loan Fund reach bilingual entrepreneurs

The New Mexico Small Business Development Center (NMSBDC) has kicked off a series of bilingual workshops for Spanish-speaking entrepreneurs. Dr. Marvin Lozano, author of “The U.S.-Latino Entrepreneur’s Guide to Balancing Business, Family and Culture,” and his...
In Remembrance ofBoard Chairman Nick Nagy

In Remembrance ofBoard Chairman Nick Nagy

It is with deep sadness that I write this about our friend, colleague and Board Chairman Nick Nagy, who passed away in December. Mr. Nagy came to The Loan Fund in 2012 and served on the Board of Directors as chairman and was an active member of the Loan Committee....
Black Lives Matter. Be an ally.

Black Lives Matter. Be an ally.

“Injustice anywhere is a threat to justice everywhere” – Martin Luther King Jr. The senseless death of George Floyd on May 25th, and the unfolding events since, have reminded us at Parcel Monkey that some things are bigger than ourselves, bigger than our...
USPS Vs UPS

USPS Vs UPS

It can be hard to choose a courier, especially if you’re new to shipping, so if you’re trying to choose between UPS and USPS, we’ve put together this handy guide to help you out. This blog covers the following topics: What’s the difference between UPS and USPS?Which...