Popular Bank & Latin Biz Today Explore: What’s Going to Happen with Interest Rates? [Video]

Bull and Bear

In this final episode of Driving Success Through the Pandemic series, Chinea and Mendoza share their insights on interest rate impacts on small businesses.

Popular Bank Chief Operating Officer Manuel Chinea and Latin Biz Today advisory board member Elias Mendoza are continuing tackle important topics  in Driving Business Success Through the Pandemic, a nine-part virtual discussion series that aims to empower small business owners to successfully navigate immediate and ongoing challenges and opportunities.

As inflation rates continue to rise, interest rates will be influenced, and Fed increases in the future will impact financing. Consumers are currently revisiting their needs–from refinancing debt to securing low rates. The same can be said of small businesses, which are attracted to or seeking low financing rates for a longer period of time.

There currently exists a great opportunity for small businesses to be proactive and look at their growth plan. If they want to move in that direction, they may want to consider securing favorable financing costs sooner before the window should close when the Fed makes an announcement. Costs will then be even greater for materials, construction, and other key areas that impact small businesses.

Related content

Session 1: New Virtual Discussion Series Talks Small Business Solutions [Video]

Session 2: Popular Bank and Latin Biz Today Talk Small Business Capital Infusions and Emergency Funding [Video]

Session 3: Ensuring Liquidity Amid Economic Volatility- Session 3 [Video]

Session 4: Identifying Business Opportunities and Strategies Around Covid Volatility [Video]

Session 6: Covid Impact & Insights As Related to Industries- Session 6 [Video]

Session 7: Popular Bank and Latin Biz Today Talk Small Business Agility Amid Ongoing COVID-19 Disruption [Video]

Session 8: Popular Bank & Latin Biz Today: What to Look Out for in an Overheated Economy [Video]

Disclaimer:  The information mentioned in this article is for informational purposes only, is intended to provide general guidance and does not constitute legal, professional or tax advice. Each person’s situation is unique and may materially differ from the information provided herein.  You should seek the advice of a financial professional, tax consultant and/or legal counsel to address your specific needs before any financial or other commitments regarding the issues related to your situation are made.  Popular Bank does not make any representations or warranties as to the content contained herein and disclaims any and all liability resulting from any use of or reliance on such content.

RELATED POSTS

4 Definitive Examples to Understand and Serve Your Customers

4 Definitive Examples to Understand and Serve Your Customers

These four company case studies have yielded success across industries Running on Innovation, A New Solution for City Dwellers, Focus on Customers. Learn from these companies that are doing it right. Recently, I attended a public forum called Healthcare in the 21st...

4 Components of Small Business Agility in a Diverse Market

4 Components of Small Business Agility in a Diverse Market

Small business leaders need to understand diversity in order to be connected and create opportunities for success   The model of how to effectively navigate business leadership is changing. For decades stability and homogeneity were hallmarks of business across...

Top 7 Ways to Show Your Customers You Care

Top 7 Ways to Show Your Customers You Care

Even a small gesture can go a long way with a client and will be appreciated.   Nowadays, having a good product or service isn’t enough. Relationships are the differentiator. Today many companies are making investments in customer advocacy and loyalty programs...

Video Gallery

Modern version of Stoic philosopher Epictetus
A professional leads a cybersecurity training session for employees, emphasizing best practices. The photography captures the engagement of participants, showcasing the educational aspect of safeguard
Hispanic bearded male businessman trainer teaching coaching new recruitment African American female businesswoman employee in formal suit sitting studying learning company graph chart strategy
The presence of a robot using a computer. Office keyboard being typed on by machine. future IT group,.
Latino Streetwear Entrepreneur Latin Biz Today
Chef Lorena Garcia cooking with a wok
Latina Chef Loren Garcia
Latin Biz Today partner Johanna at the San Sebastián Festival

Polls

Which item currently represents the greatest hurdle in the growth of your business?(Required)

Sign Up for the Latin Biz Today Newsletter

PR Newswire

Featured Authors

avatar for Jesus GranaJesus Grana

Jesús Grana has 20 years of experience ...

Retirement Plans Can Attract the Best Talent

Innovation & Strategy

Money

Four Basic Principles for Raising Capital

Four Basic Principles for Raising Capital

Outside investors want to understand a business' strategy as well as its financial statements.   The need to raise capital from outside investors requires a great deal of preparation across multiple dimensions. Among many things, investors look to understand...

Talent/HR

Legal

Marketing

Culture

Fashion

Food

Music

Sports

Work & Life

Mindfulness

Health & Fitness

Travel & Destinations

Personal Blogs

Pin It on Pinterest