Disclaimer: Information in the Business Financing Blog is provided for general information only, does not constitute financial advice, and does not necessarily describe Biz2Credit commercial financing products. In fact, information in the Business Financing Blog often covers financial products that Biz2Credit does not currently offer.

Throughout the course of your small business, you will likely experience economic turbulence from time to time. Whether it be rising or falling interest rates, the Federal Reserve’s monetary policy decisions on interest rates can have a direct impact on your business.

You can’t control what the economy or the Fed does, but you can create a strategy for you and your business to respond to economic conditions.

Here are a few things to consider while running your business during rate hikes or rate cuts.

The Fed Can Affect Your Business Trajectory

The Federal Reserve just lowered the federal funds rate for the first time in over 4 years. This decision changes the current interest rate environment as it determines the interest rate changes on fixed-rate and adjustable rate business loans.