Category: Business Financing

Business credit cards often come with a lot of perks, but the best one has nothing to do with rewards, expense tracking, or even business-related services. No, the best credit card perk for business owners is a card’s grace period. Not only does it give business owners time to float expenses but it can also help them avoid paying interest on their purchases. What is a grace period? Your credit card grace period is the period between your statement date… Read More

It's the most horrible time of the year. Once again, tragedy and devastation in the form of a major hurricane has struck the southeastern United States, and the cleanup efforts will be an absolute bear. Early estimates put the damage caused by Florence around $17 billion to $22 billion. From a macro view, it can bring a sigh of relief, particularly in the shadow of the relatively larger Hurricane Harvey, which caused $125 billion. For the boots on the ground, however,… Read More

Many entrepreneurs, startups, and small business owners find the process of building a company’s credit frustrating. It’s not terribly difficult to build business credit, but it does involve a few steps — the most important of which is to sign up for accounts that report to commercial credit agencies. By paying those bills on time (or early) and keeping your debt in check, you can help build strong business credit. But because many small business bills aren’t reported to commercial… Read More

Whether or not you're not big on following politics or your local government, it's worth your time to learn about California's SB 1235. Many of us take for granted the fact that any personal loan or credit card or other consumer lending product comes with some key details, such as the total amount being financed, the cost of financing, repayment terms, etc. It's not just nice information to know, it's also a way that the law protects consumers. What may… Read More

Getting a business loan can be tough. You know the ins and outs of your own business, but you might not know how to get the funding you need. To make matters worse, small business lending is full of confusing bank lingo that you may not understand. If you need a crash course in business lending lingo, here’s a quick rundown of five confusing small business loan terms. APR You see APR everywhere when applying for financing, but you might… Read More

Your personal credit is important for many obvious reasons; if you want low rates on a car loan, mortgage, or to pass a background check or to impress your in-laws, a healthy credit profile is crucial. Many people, however, are unaware of another world of credit scores and reports: business credit. Your business credit score works for your business just like your personal credit score works for you personally, but with so many business owners sticking with their personal credit… Read More