The meeting of the Federal Open Market Committee on July 30 and 31, 2019, provided some valuable insights into the direction that the Federal Reserve will take in the next few months. One of the most important decisions that came out of this meeting was a 0.25 percent decrease in the prime rate to 2.75 percent, which will have a significant impact on the amount paid by companies and individuals for their lending arrangements. The Fed also made a few other comments and decisions during this regularly scheduled meeting that will have an impact on the rate of growth and the outlook for the U.S. economy in the near future. The changes are scheduled to go into effect on August 1, 2019.
Continued Growth and Stability
Continuing Concerns About Global Trade
Navigating the Lending Marketplace
- ReProp Financial can provide funding for cannabis-related business expenses, which is generally not available from traditional institutions because of federal regulations that limit their ability to provide support for these business operations.
- Alternative lending institutions such as ReProp can also provide greater speed in processing your loan application and in disbursing your funds. This can help you to take advantage of limited-time opportunities in the competitive marketplace.
- As an alternative lender, ReProp Financial is also more willing to take a risk to qualify loans that traditional lenders may be less willing to underwrite, which can ensure that you have the funding you need to manage your current and future needs.
By considering alternative lending arrangements with ReProp Financial, your business can achieve greater flexibility and increased options in the lending marketplace. Alternative lending institutions can provide the right solutions for your company.