Our Mission

Learn who we are and how we serve our community

Leadership

Meet our leaders, trustees and team

Foundation

Developing the next generation of talent

C+CT

Covering the latest news and trends in the marketplaces industry

Industry Insights

Check out wide-ranging resources that educate and inspire

Government Relations & Public Policy

Learn about the governmental initiatives we support

Events

Connect with other professionals at a local, regional or national event

Virtual Series

Find webinars from industry experts on the latest topics and trends

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

ICSC Networking Platform

Get recommended matches for new business partners

Student Resources

Find tools to support your education and professional development

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits

Small Business Center

Rate Cut Takeaways

September 23, 2024

After 11 consecutive rate hikes, the Federal Reserve has reduced the federal funds target rate by half a percentage point, setting it between 4.75% and 5%. This move is expected to lead to lower interest rates on financial products like business loans, credit cards and lines of credit, creating potential savings for small business owners, according to a Nav article. With lower borrowing costs, businesses may see improved cash flow and can consider refinancing existing debt or securing better loan terms to support future growth.

Read Nav’s full story here.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

Learn more