Small Business

Maryland Business Tax Credits and Incentives – Updated for 2018

March 1, 2018

It’s tax season, Maryland! Here’s everything you need to know about Maryland business tax credits and incentives for the 2018 filing season. If you would like additional information about Maryland business tax deductions, credits and incentives, visit Maryland Business Taxes or the Maryland Department of Business & Economic Development. Who Must File All corporations and […]

4 Things You Should Know About Your Equipment Term Loan

August 9, 2017

Equipment purchases are a vital part of starting (and running) a small business in Maryland. Equipment updates and modernizing old equipment can make your business more productive, efficient and even save you money in the long run. However, purchasing equipment is not an insignificant investment. While there are many ways to finance business costs, many […]

Seven Things to Look for in a Nonprofit Banking Partner

June 28, 2017

Managing a successful nonprofit is no easy task. Many organizations are faced with a thin budget, limited resources and thousands of regionally competitive groups. In order to navigate these challenges, a cooperative structure of relationships ─ from volunteers to community partners ─ is vital to ensuring that no time or money is wasted. Of these […]

What to Look For In Services Provided By Commercial Banks

March 27, 2017

Services provided by commercial banks range from basic to utterly complex. If you’re looking for a bank for your business, you need to make sure it provides you with the entire range of services – and with the convenience you need. What exactly are the services provided by commercial banks? Well, commercial bank services include […]

Maryland Business Tax Credits and Incentives for the 2017 Filing Season

March 3, 2017

It’s that time of year again, Maryland! Here’s everything you need to know about Maryland business tax credits and incentives for the 2017 filing season. Who Must File All corporations and associations with income allocable to the State of Maryland are required to file an income tax return with the state on Form 500. The […]

What is a Standby Letter of Credit and How Are They Used?

June 29, 2016

Financing for your small business isn’t always easy to come by—but it’s important to look down every avenue of opportunity; you might not be aware of one of the most powerful financing tools out there. Standby letters of credit can help your business in tough contractual and financial situations, making people more likely to sign […]

Building a Relationship with Your Business Banker: Why it’s Critical for Your Small Business

June 8, 2016

  As a small business owner, the relationship you form with your banker is one of the most important business relationships you can have. Why is this relationship so important? Bankers play a crucial role in helping you obtain financing, maximizing your business’ funds and helping your company achieve its goals. Just like any relationship, […]

Maryland Business Tax Credits and Incentives for the 2016 Filing Season

March 14, 2016

It’s tax season in Maryland! Here’s what you need to know about Maryland business tax credits and incentives for the 2016 filing season. Who Must File All corporations and associations with income allocable to the State of Maryland are required to file an income tax return with the state on Form 500. The corporate tax […]

Choosing a Bank for Your Business

June 23, 2015

  Business owners have many decisions to make. One of the most important is choosing the right bank. Many banks – community, regional and national – offer a range of commercial banking services. How can business owners determine which is best for them? Business owners should select a bank that can address the company’s unique […]

Cash Management for Your Small to Medium-Sized Business

June 4, 2015

Dealing with your small to medium-sized business’ (SMB) finances can be overwhelming and time-consuming. As an owner, your busy schedule doesn’t leave room for frequent trips or calls to the bank. You need a cash management strategy that will help you save time so you can focus your energy on growing your business. The following […]