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Holiday season is quickly approaching, which means that your pocketbook is going to feel strained these next couple of months. In fact, financial experts anticipate that holidays sales, purchases made between November 1 until December 31, will rise this year to more than $730 billion. This is nearly a $3 billion increase from the year before, according to the National Retail Federation. With a large percentage of your earnings being spent on family dinners and gifts for loved ones, it’s important...

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Loans through the Small Business Administration (SBA) offer flexible and competitive financing to help you launch, manage, and grow your business. Businesses can utilize loans for major fixed assets, payment of operating expenses, equipment purchases, and more.  In short: you get the funds you need from your local nationwide bank with benefits like long-term, fixed-rate financing, and lower (and more predictable) monthly payments. So, how do you get approved for an SBA loan?...

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As we think about Halloween costumes and trick-or-treaters, Falcon National Bank is focusing on the “treats” that set community banks apart and keep customers coming back for more. Here are a few reasons we stand out in the community: Personal Service When you bank locally, you get a sense that you are a part of a family. We know you by name and can offer more personalization in the services we offer. Community banks traditionally have lower rates of turnover, which means you are...

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Credit is important for pretty much all facets of adult life. Credit can be impacted by a number of different things. If you’ve been turned down for credit or you’re looking to buy a house, credit is pretty important. It could be that you just don’t have enough of it or maybe you made some poor financial decisions. Poor credit can be embarrassing, stressful, and expensive. In fact, poor credit can actually cost you hundreds of thousands of dollars in interest over time on a mortgage....

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These days it’s rare to see someone without a smartphone in their hand. In fact, there’s a good chance you’re reading this from a smartphone! The truth is, 2.7 billion people around the globe are smartphone users. [source] There aren’t many things a person can’t accomplish with a smartphone and that includes their banking. Mobile banking continues to grow and evolve as technology does the same, but there are some features that are awesome regardless of how much the...

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If you’re considering building your dream home instead of purchasing an existing house, you’ll need financing. The whole thing can be confusing and more than a little intimidating. Do you need a mortgage? A personal loan? It’s hard to know where to start. What’s tricky is that you’re asking for financing for something that doesn’t actually exist yet. It requires something different than a traditional mortgage. Trying to find land, a builder, and all the other...

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Did you know… The average FICO score in America is 695 and the average Vantage score stands at 673. [source] Less than 1% of the population has a perfect credit score of 850. [source] Only 41% of Americans understand that a credit score measures your risk of not paying a loan, according to a joint survey from the Consumer Federation of America and VantageScore. Credit is important for pretty much all facets of adult life. Credit can be impacted by a number of different things....

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There are plenty of aspects of running a small business that are begging for your time and attention. When that’s the case, it’s important to do things as efficiently as possible—things that will make your life easier and make those things that are vying for your time a little more manageable. Besides convenience, there are plenty of benefits to online and digital banking. Here’s how online banking and digital banking services with Falcon National Bank can give you back precious...

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Did you know that there is more Monopoly money printed every year than actual cash? If only we could pay for things using Monopoly money! Unfortunately, we can’t just pass Go for another $200 and there is no such thing as Community Chest. Or is there? While your community bank isn’t going to give you $10 for winning 2nd prize in a beauty contest, there are some definite advantages to banking with a local, community bank. Here are some advantages you can expect to see when you bank with...

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The home buying market is hot right now. Summer is the perfect time to move, the economy is stable and buyer confidence is high. However, inventory is also a bit low and that means that houses are selling fast. If you are actively looking, you will want to be prepared to act quickly when you find that perfect property. That means having all your financing sources in-line. What’s the first step? Pre-qualification and pre-approval are two different terms used to describe the initial part of...

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