Category: Business Financing

SBA Loan Calculator: Estimate Your SBA Loan Payments

July 15, 2019 Gerri Detweiler

Getting an SBA loan can be an excellent way to finance your next big business milestone, whether you receive an SBA 7(a) loan, an SBA 504 loan, microloan, or received an Economic Injury Disaster Loan. Each program carries different interest rates and repayment schedules for your SBA loan payments. As a general rule, though, you can expect this type of small business financing to have attractive terms and predictable monthly payments. Figuring Out Your SBA Loan Payment Your loan payment… Read More

Government Small Business Loans — Your Options

July 12, 2019 Jennifer Lobb

Business financing comes in many forms, but for some small business owners, government small business loans offer the most benefits. These SBA loans are backed by the U.S. Small Business Administration (SBA) and issued by approved lenders like banks and credit unions. These tend to be low-interest loans and have long repayment periods, which makes them ideal if you want to borrow millions of dollars for, as an example, purchasing real estate. There are several SBA loan programs available to… Read More

Buying Business Insurance in Your Pajamas

July 11, 2019 Mike McDowell

Would you ever picture yourself buying business insurance in your pajamas? No, it’s not like one of those weird dreams where you show up for a test at school and aren’t wearing any pants. We’re talking about technology and the ability it affords small business owners to shop for insurance at any time of the day, from any place, and wearing whatever they need to wear. Technology doesn’t judge you. Let’s be honest, with as much as you have to… Read More

How to Get a Loan to Start a Business

July 5, 2019 Ben Luthi

Starting a new business is exciting, but getting the funding to get your startup off the ground can be stressful. Learning how to get a loan to start a business can help you understand what commercial lenders are looking for, what you can qualify for, and some alternative approaches you can take. Where to Get a Business Loan We’ll dive into your different options for financing shortly, but let’s open the conversation looking at where you can get a small… Read More

The Best Chase Ink Alternatives

July 3, 2019 Gerri Detweiler

The Chase Ink credit card family is a popular choice for small business owners who want to easily earn points or miles with every purchase. From cash to travel rewards, there is a little bit of something for everyone. But if you already have several Chase cards and are looking to diversify the business credit cards in your wallet, you may want to consider other options. Here are some of the best Chase Ink alternatives, each with a focus on… Read More

What Are the Current SBA Loan Requirements?

July 2, 2019 Susan Guillory

SBA loans are among the most popular options for small business loans. Why? They offer low interest rates, predictable monthly payments, and a variety of loan programs that suit different business needs. Because the U.S. Small Business Administration guarantees a good part of these loans, they are attractive to the banks and other lenders approved to offer them. That being said, SBA loans do have eligibility requirements, and the loan process can feel intimidating. Each SBA loan has a slightly… Read More