Category: Business Financing

7 Programs to Help Veterans Start a Business

7 Programs to Help Veterans Start a Business

Advertiser's Disclosure In addition to risking their lives to protect the freedoms we hold so dear, many United States veterans are finding time to engage and actively participate in their communities in another way – as small business owners. According to a recent report released by the U.S. Small Business Administration (SBA), veteran owned businesses account for just over 2.5 million, or 9.1% of all businesses in the U.S. These businesses span multiple industries and at the time of the… Read More
Wells Fargo Business Credit Cards Review: What Are Your Best Options?

Wells Fargo Business Credit Cards Review: What Are Your Best Options?

Wells Fargo has a storied history as a part of the Old West, where its famous stagecoaches delivered both express mail and gold. Today, Wells Fargo is a major national bank that offers a variety of products for consumers and businesses. It’s line-up includes very different credit cards for a wide variety of business owners. Features Common to All Cards All three Wells Fargo business cards offer your choice of cash-back rewards or points for your spending. If you choose… Read More
What This Entrepreneur Learned Building a Business on Smart Partnerships

What This Entrepreneur Learned Building a Business on Smart Partnerships

Vicky Llerena is the founder of Social Vibes Media, a New Jersey marketing agency focused on online brand building. Llerena’s passion is helping minority and women-owned businesses establish an online presence that will enable them to generate more leads and get noticed by potential customers. She credits a commitment to networking and building partnerships with fueling her business’ growth. From Corporate Job to Entrepreneur I worked in corporate for six years. It was my first job after college. I moved… Read More
How Consumer Financing Works

How Consumer Financing Works

There are a variety of payment options that you as a small business owner, could provide to your customers for convenience in acquiring your products and services. By far the most popular forms of payment include: Credit Cards; Debit Cards; Checks; Bank Transfers; And even cash. Despite the many reports stating that cash is dead, cash still represents at least 30% of all transactions conducted at the point of sale. This is in part due to the significant amount of… Read More
How to Figure Out Which Credit Score Your Bank Will Use to Approve You

How to Figure Out Which Credit Score Your Bank Will Use to Approve You

If you are looking to get a loan for your business, you might think to yourself, “well, self, I have a great credit score. I can get this loan, no problem!” While you might be riding high with a credit score over 740, that doesn’t mean your business credit score falls into the excellent category. In fact, your business might not even have an established credit score at all. Let’s take a look at which credit score your bank will… Read More
How Being Considered a “High Risk” Merchant Account Affects Your Business

How Being Considered a “High Risk” Merchant Account Affects Your Business

So you've finally decided to start your business. You have aligned the capital, the location, the business plan, and the investors. You’ve created the strategic plan to acquire X amount of revenue, for X amount of expenses, within Y amount of time, which should produce Z amount of profits. Research shows that your prospective customers would more than likely use credit and debit cards for many of their purchases, and you run into a hiccup when trying to do something… Read More