When your business needs access to extra funds, there are several financing options available. Two common choices are a business line of credit and a business credit card. Both options offer flexibility, but they differ in how they work and what they’re best used for. In this blog, we’ll break down the key differences between […]
Continue Reading
If you’re thinking about starting or expanding your business, you’ve probably heard of SBA loans. They’re popular, but also surrounded by confusion and myths. The U.S. Small Business Administration (SBA) offers loans to help businesses grow, but there’s a lot of misinformation out there that can make the process seem more complicated than it is. […]
Continue Reading
The Economic Injury Disaster Loan (EIDL) program, administered by the U.S. Small Business Administration (SBA), is designed to help small businesses recover from economic setbacks caused by disasters. One of the key considerations when applying for an EIDL is understanding the loan terms, particularly the interest rates and repayment periods. These factors play a significant […]
Continue Reading
The Economic Injury Disaster Loan (EIDL) program is a vital resource for small businesses that have been impacted by economic hardships, such as natural disasters or the ongoing effects of the COVID-19 pandemic. If you’re considering applying for an EIDL, it’s essential to understand the key aspects of this financial assistance program before making a […]
Continue Reading
As your small business grows, there may come a time when you need extra funding to expand your operations. Whether you’re looking to hire more staff, purchase equipment, open a new location, or increase inventory, a small business expansion loan can provide the necessary capital to take your business to the next level. In this […]
Continue Reading
When it comes to securing financing for your small business, the U.S. Small Business Administration (SBA) offers two popular loan options: SBA 504 loans vs. SBA 7(a) loans. Both have their own advantages and are tailored to meet different business needs. Understanding the differences between these two types of SBA loans will help you determine […]
Continue Reading
Securing financing for your small business can be challenging, especially if you don’t have assets to put up as collateral. Collateral is often required by lenders as a form of security, but there are ways to qualify for small business loans without offering anything as collateral. In this guide, we’ll explore different loan options and […]
Continue Reading
A good business credit score can open many doors for your company. Whether you’re applying for loans, negotiating better terms with suppliers, or seeking funding from investors, your credit score plays a crucial role in determining your financial health and credibility. In this comprehensive guide, we’ll explore how to improve your business credit score, and […]
Continue Reading
In today’s dynamic business landscape, access to quick and flexible financing options can make a significant difference in operational success. One such option gaining traction among small business owners is the merchant cash advance (MCA). Unlike traditional loans, which can involve lengthy approval processes and stringent eligibility requirements, MCAs offer a faster and more adaptable […]
Continue Reading
Monday - Friday | 10am - 5:30pm Eastern Time
