The Patriot Express Loan: What You Need to Know

The Patriot Express Loan program launched in 2007 to help provide business loans for veterans to start or expand their businesses. While the program expired in 2013, it was extremely popular and still gets attention from veteran business owners.  Getting a Patriot Express Loan is no longer an option, but the U.S. Small Business Administration (SBA) still provides excellent loan options to veterans who qualify through the SBA 7(a) Express Loan and other programs. Here’s what you need to know Read More

How to Get a Loan to Start a Business

Starting a new business is an exciting time, but getting the funding to get your startup off the ground can be stressful. Learning how to get a loan to start a business can help you understand what commercial lenders are looking for, what you can qualify for and some alternative approaches you can take.  Before we dig into the details, here’s a summary of how to get a loan to start a business. How to Get a Loan to Start Read More

Where to Look to Find New Business Loans

More than half a million startups are launched every month in the U.S., according to Fundable, and there are many ways to get the funding you need to get your business off the ground. While there are new business loans available, they aren’t always the cheapest form of credit, and you may need to search for alternative forms of financing to make sure you get the best loan for your needs.  However, understanding what types of loans are available can Read More

Business Loan Interest Rates: What You Need to Know

As a small business owner, finding the right financing is crucial. But not every form of business financing is inexpensive. In fact, some can charge interest rates in the triple digits. The average business loan interest rate in 2019 can vary by loan type, so it’s important to know what options are available and how much they’ll cost you. Here’s what you need to know about what interest rates to expect, how interest rates are determined, and how a loan’s Read More

Can You Get a Long-Term Business Installment Loan Without a Credit Check?

A long-term installment loan can provide valuable capital to help you run or expand your small business. If you’re looking for long-term installment loans with no credit check, though, you may end up disappointed — that is, if you haven’t already been pre-approved. However, there is financing available, primarily online, even if you don’t have good credit or high income. The key is to know where to look and how to improve your chances of approval. Long-term installment lenders we’ll Read More

How to Apply for a Small Business Loan

How to apply for a small business loan in 6 steps Learning how to apply for a small business loan or other business financing can not only help you get the right loan for your business but can also assist in deciding whether it’s the right move in the first place. 1. Write up a business plan Many small business lenders will want to see a business plan that explains why you need the funding, how you plan to use Read More

Making the Most of Your Hotel Points this Summer

If you have a business hotel credit card, you’ve probably been racking up points with your favorite hotel brand with your everyday business expenses. If you feel like you need a break, the summer may be a good time to think about taking a vacation, and your hotel points can help you do it. Here are some tips to help you make the most of them. 1. Book a once-in-a-lifetime trip Depending on how many points you’ve managed to earn Read More

Should I Borrow Money to Create a New Job?

Whether you’re hiring your first employee or your tenth, creating jobs as a business owner can potentially help you take your business to the next level. If your cash flow isn’t ready for the cost of a new hire, however, you might be considering taking out a loan to help you create the new job. Borrowing money to invest in human capital can be a good thing, but it’s important that you carefully consider all aspects of the decision to Read More

How to Make the Most of Your Credit Card Miles This Summer

As a business owner, you can earn travel points and miles on your everyday expenses. But you don’t have to use those rewards for your business if you don’t want to. Whether you have a business trip coming up or need a getaway to recalibrate, here are some things you can do to make the most of your credit card miles and points this summer. 1. Understand your redemption options There are several business travel credit cards out there and Read More

How to Use Travel Rewards to Grow Your Business

Business credit card rewards may not sound like an important part of your business strategy, but they can help you expand your business if you use them correctly. Specifically, travel rewards may help you do things that you might not have the cash flow to do otherwise. If you have a business travel credit card or are considering getting one, here are some ways you can use those rewards to take your business to the next level. 3 ways to Read More