Category: Business Financing

One of the most notable partners in the business financing space is the Small Business Administration (SBA). Their small business loans have been instrumental in providing loans to businesses in a variety of industries, in amounts ranging from a few thousand dollars to millions. Some SBA loans go to startup businesses, but it can be challenging for new businesses to find the right loan and lender.  How can you find and qualify for SBA startup loans? Here we’ll provide an… Read More

This article was reviewed and updated on July 29, 2020 As a small business owner, there are several reasons to consider applying for a business loan. Maybe you’re trying to get your business off the ground or take it to the next level. Or it could be that you’re trying to solve some short-term cash flow problems. Short-term business loans are a potential option for meeting short-term cash flow challenges and meeting other needs that don't require longer-term financing options.… Read More

The right business loan can help you get the capital you need to start a new venture, expand a current business, gain access to working capital, and cover necessary business expenses. But not all business loans are created equal, and understanding how each type of loan works can give you a better idea of which one is the right fit for you and your business.  How Do Business Loans Work? Business loans are a form of credit offered by lenders… Read More

What is short-term financing?  Short-term business financing, in the simplest sense, is any financing option that has a repayment term of one year or less, though many of today's lenders will extend terms up to 18 months. Unlike long-term financing, which may be preferred when making major, costly upgrades or purchasing real estate, short-term financing is often used to manage immediate cash flow needs, including things like payroll, seasonal staffing costs, inventory and supply POs, or equipment repairs.  The primary… Read More

Small businesses, even very successful ones, may need access to cash from time to time. There’s just one problem — securing business financing from banks or online lenders can sometimes be a time-consuming process. If only there was a way for small business owners to fill out one application, borrow money, pay it back, and borrow again from the same source the next time they needed cash...  Thankfully, there is a financial tool that works exactly like that. It’s called… Read More