Category: Business Financing

The Most Overlooked Business Credit Cards

The Most Overlooked Business Credit Cards

Some small business credit cards seem to get all of the attention. These are the flashy cards that offer impressive perks or valuable points that can be transferred to airline miles. But behind the scenes are a few lesser known cards that offer unique rewards that can be equally valuable. Here are the most overlooked credit cards, and why you should take notice of them: 1. JetBlue Business Card This airline credit card for small businesses offers rewards and benefits… Read More
The 5 Fastest Business Loans You Can Get

The 5 Fastest Business Loans You Can Get

Running a small business means putting out fires and jumping on opportunities. Sometimes those emergencies mean you need an infusion of cash—yesterday. If you need a business loan fast, here are five options that can put cash in your bank account within days, if not hours. Business Cash Advances Time to fund: Minutes to one week If your business accepts credit cards and has healthy sales, you may qualify for an advance against future anticipated receipts. You’ll get funds very… Read More
Small Businesses May Have a Surprising New Friend in Washington: The CFPB

Small Businesses May Have a Surprising New Friend in Washington: The CFPB

Small business owners and regulators are often at odds with one another, but a new move from the country's consumer watchdog agency could have the two groups aligned in a common cause — better access to business credit. In a new initiative announced early Wednesday morning, the Consumer Financial Protection Bureau (CFPB) said it's seeking comment and information from business owners, lenders and any related parties into how to better track and understand the financing needs of small businesses, particularly minority-owned… Read More
I’ve Been Denied for a Business Credit Card. What Now?

I’ve Been Denied for a Business Credit Card. What Now?

Nobody likes the feeling of rejection. It stings when you get turned down socially, and it hurts when you aren’t given a job. And as a small business owner, it can be very frustrating to be denied for small business credit card. If this has happened to you, don’t worry about it too much. There are still some steps you can take to be approved for the card that you applied for, and some alternative credit cards you can apply… Read More
Are Business Credit Cards Hard to Get?

Are Business Credit Cards Hard to Get?

When David Batchelor needed funding to run advertising campaigns for his business, DialMyCalls.com, a mass notification system used by schools, churches, nonprofits, and other organizations to send phone calls or text messages to a list of phone numbers, he was turned down for traditional financing. His local banks wouldn’t give him a business credit card, either, so he turned to personal credit cards. Business credit cards can be a source of fast and flexible financing for small businesses, but how… Read More
How to Get a Mortgage When You’re Self-Employed

How to Get a Mortgage When You’re Self-Employed

Before the mortgage crisis and credit crunch of 2008, it was very easy to obtain a mortgage, even if you were an entrepreneur or self-employed. In many cases, self-employed individuals could obtain a mortgage without the requirement of proving their income using tax returns, financial statements, and bank statements. Instead, the mortgage lender/banker would just take the "word" of the entrepreneur on what their revenues or profits were. Of course, without checks and balances in place, individuals were able to… Read More