Colorado is famously home to a thriving craft beer scene, with breweries popping up in all corners of the state. As these small businesses continue growing and innovating, they’ve become a major economic driver that supports local communities.

Main streets across Colorado are looking a bit different lately as small retail businesses face new challenges in a shifting economic landscape. While mom-and-pop shops were once the heartbeat of local downtowns, recent years have brought new hurdles that make it harder for these small businesses to survive. However, many are finding creative ways to adapt and continue serving their community.

Thriving as a Small Business in Texas’ Fiercely Competitive Market

While corporations often dominate the headlines, it is actually small businesses that drive job creation in the Lone Star State. Recent data highlights the significant contribution of Texas' thriving small business community to the state's economy and employment growth.

Powell just said that interest rates are ‘likely to be higher’ than previously expected. To combat runaway inflation the Fed continues to raise interest rates. Restoring price stability means that monetary policy will be tightening for the foreseeable future.

When it comes to applying for a small business line of credit, what’s the best way to apply? The best way to apply for a business line of credit is to maximize your potential for approval by hedging your bets and having multiple banks compete for your business.