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There are several financing options for your business, including a commercial line of credit. It is ideal for covering recurring, specific, and short-term working capital operational needs, especially since you must repay them in 12 months or less. The line of credit can also
The reasons for selling a business are diverse. The most common include market timing, a lack of succession, or the business owner looking to sell a portion of the company to a strategic partner. No matter your reason, if you’re contemplating selling your business, you
By Gabriel Otero, CPA and Financial Planner at Popular Making sure your business is in good financial health is key for materializing your plans and successfully dealing with potential setbacks. These four strategies will give your company the boost it needs. During the
Is providing professional services your line of work? Here’s why it is so important to have Professional Liability insurance. All professionals are exposed to civil actions against them, arising from or deriving of the services they provide. The consequences of these events
Hurricane season is here and we want you to be prepared. Thanks to technological advances in meteorology, we can now know when an atmospheric disturbance approaches. Every year from June 1st to November 30, chances of being hit by a hurricane or tropical storm in Puerto Rico
By Gustavo Vélez, Economist The COVID-19 pandemic brought great social, economic, and labor disruptions. This new economic environment requires entrepreneurs to take drastic and creative measures for their businesses to continue being profitable. Since March 2020 —when
In recent times the unsustainable growth rate of health care costs consumes greater portions of the bank accounts of families, corporations and government. Spending on health care services is growing faster than the gross domestic product, and businesses are struggling to
By: Julietta Broomfield, Gol Global Where is your business in the growth cycle? Do you want it to scale? Do you want to stop thinking small? The Big, Hairy, Audacious Goal (BHAG) is your long-term, 10-to-30-year goal, guided by your company’s core values and purpose. A
StartUp Popular, the program aimed at supporting start-ups, now has convenient online resources available to all business owners. There are four tools that make it easier to develop new business ideas and offer important information for companies already in operations to reach
Popular has a new digital platform where all commercial customers, including small businesses, can quickly and conveniently apply for loans and lines of credit. The platform includes an innovative, secure system designed to allow customers to go online to manage and check the