Category: Business Financing

As a small business owner, you’ve got a lot on your plate, and it might seem easier and more convenient to use the same credit card for your business and personal expenses than to completely separate the two.  There are many reasons to separate your business and personal finances, but could it be considered theft to swipe your business card for non-business purchases? It depends. Is using a company credit card for personal use embezzlement? The term embezzlement carries a… Read More

The impact women have on the U.S. economy is growing every year. In fact, female entrepreneurs are one of the fastest-growing segments of small businesses in the country. Female small business owners own 12 million businesses in the U.S., and started more than half of American businesses in 2021, according to information released by the White House. Despite the gains women are making in the economy, there’s room for improvement. Women entrepreneurs have a harder time getting small business loans… Read More

If you’re starting a new business, you likely have a long to-do list and not enough time to do it all. But there’s one thing you absolutely shouldn’t skip: opening a business bank account. Small business owners can see a lot of benefits from a business bank account, depending on which bank they use and what their needs are. Read on for tips on opening a business bank account.  What Do You Need to Open a Business Bank Account? Ready… Read More

USAA, or the United Services Automobile Association, is a financial services company serving members of the Armed Forces. If you’re a USAA member and a small business owner, you might be wondering where you can get a USAA business account. Unfortunately, USAA business checking isn’t an option because the financial services company doesn’t offer any business services beyond small business insurance. Fortunately, there are other options available that can provide you with the help you need to build your business… Read More

One of the biggest pain points for any small business is not getting paid on time. Worse, the reality that you may not get paid at all.  According to research done by FundBox, most small businesses in the United States wait 21 days to get paid – and to top it off, small businesses currently owe $825 billion in unpaid invoices.  With delinquent payments, the opportunity cost is huge:  If small businesses were paid for all their unpaid invoices, they… Read More

Running a business requires many financial tasks to be completed on time, with perfect accuracy, and at a price that won’t break the budget. That’s why finding a bank that can be a reliable business partner, giving you flexible and rewarding business bank accounts, is key. From savings to checking to merchant processing services, it pays to do your research in finding just the right financial institution for your banking needs, whether that be an online bank or one of… Read More