Category: Business Financing

Most business owners use small business credit cards to make purchases. But what if you need to buy something that you can’t charge on your credit card? When cash flow is tight, you may be tempted to get a credit card cash advance.  Though a credit card cash advance may feel similar to withdrawing money with an ATM card, there are many important, and potentially costly, differences. How Do Cash Advances Work? Most credit cards provide access to a line… Read More

You ran through an analysis and decided it’s time to borrow to boost your business. You paid off your old credit card balances and took steps to shore up your credit score. You scrubbed through your financial statements to make sure they are accurate and professional. Is it time to apply for the loan? Probably not just yet. Follow along to learn why you should wait 30 days to apply for a loan. What happens when you apply for a… Read More

From launch in 1998 by one of America's most notable investors, Peter Thiel, to going public in 2002, PayPal quickly established itself as a pioneer in the online digital wallet space. Today, PayPal is an $11 billion-plus organization specializing in online payment transfers, an excellent alternative to traditional money orders, checks, debit cards, etc. In 2000, a service called "Bill Me Later" was introduced as a revolving credit line from Comenity Capital Bank, which allowed consumers to have "retail/point of sale… Read More