Getting a small business loan is easier now than it ever has been. Even if you own a brand-new startup and don’t have great credit, there are easy-approval business loans available to get you the capital you need. Before we dig into the details about easy business loans, note that many of these options typically charge high interest rates compared with traditional business financing. We’ll share a few loans that come with relatively good terms, as well as some that Read More

What Is APR?  APR, or annual percentage rate, is the price a lender charges you to borrow money on a yearly basis. In addition to including the interest rate a lender charges, APR considers certain fees that the lender may charge as well. As a result, APR can give a truer measure of the overall cost of financing than simply looking at the interest rate alone.  What Is a Good APR for a Credit Card?  According to the Federal Reserve, Read More

It can be confusing to navigate all the available loan products being offered by banks, lenders, and online financial companies these days. The best way to know which loan is best for your business situation, however, is to know about each of them in advance.  From long-term financing to a quick cash advance, the more you understand, the more likely you are to narrow down the long list to just those that work for you. Then, you can just apply Read More

A business credit card can be much more than a convenient way to pay for purchases. These cards can also provide lucrative rewards, superior fraud protection, and can smooth out cash flow. According to the Federal Reserve’s 2019 Small Business Credit Survey, 52% of firms with 1 to 499 employees use credit cards on a regular basis. Here, seven small business owners reveal the smartest purchase they ever made on a credit card, and why putting those purchases on plastic Read More

A credit card can be a useful business tool that makes it easier to keep track of finances or manage gaps in cash flow. However, if you have bad credit or limited credit, getting a business card can be difficult. Getting one with a rewards program can be even more challenging. The Wells Fargo Business Secured Credit Card, however, is an exception, offering cardholders a line of credit — as long as you can make a cash security deposit — Read More

Getting your first loan is a major milestone in the life of any business because it has the potential to breathe life into your dreams. Whether you’re looking to grow your business, buy equipment, or solve pressing cash flow issues, your business may need to borrow money to accomplish its goals. There’s just one problem. As a newer company, your funding options might be limited.  But there’s good news, too. It’s true that if your time in business and your Read More

Our military men and women are among the bravest and most dependable people we know. It should come as no surprise then, that this demographic often finds success in the small business world. The hard work and dedication they are used to giving to their country serve them well as small business owners.  Whether you’re a veteran looking to launch a brand-new business, buy an existing company, or expand the one you already own, there are many financing options available Read More

Though the business financing industry has changed dramatically as of late, one thing remains the same: banks still offer the most advantageous business loans on the market. Qualifying for a business loan from a bank can give you access to unrivaled rates and terms. The affordability of bank loans, however, makes them very difficult to obtain. Many applicants fail to meet every requirement, or simply don’t meet the most important requirements at all.  Recent data shows that the approval rate Read More