Cardiff, Inc. Urges Small Businesses to Lock in Financing Before Next Rate Hike

Cardiff, Inc., a San Diego-based small business lender, is cautioning owners to secure financing ahead of potential rate hikes as the Federal Reserve has raised its benchmark interest rate for the first time since 2023. The increase brings the federal funds rate to a target range of 3.75% to 4%. This timing may affect owners who have not yet lined up financing, says the company.

Cardiff's advisors are working with those business owners to assess their financing needs and consider options before higher borrowing costs take effect. The company offers several types of financing, including business term loans, equipment financing, business lines of credit, and invoice financing. This variety allows owners to address expenses based on their individual circumstances.

Cardiff's underwriting process combines automated tools with human review, allowing the company to evaluate which financing option may fit a particular business. CEO Dean Lyulkin emphasizes that business owners should consider what the capital can earn in the future rather than just focusing on the current rate hike. This approach encourages planning and decision-making before urgent needs arise.