Category: Business Financing

More than half a million startups are launched every month in the U.S., according to Fundable, and there are many ways to get the funding you need to get your business off the ground. While there are small business loans available, they aren’t always the cheapest form of credit, and you may need to search for alternative forms of financing to make sure you get the best loan for your needs.  However, understanding what types of loans are available can… Read More

As a small business owner, finding the right financing is crucial. But not every form of business financing is inexpensive. In fact, some can charge interest rates in the triple digits. The average business loan interest rate in 2020 can vary by loan type, so it’s important to know what options are available and how much they’ll cost you. Here’s what you need to know about what interest rates to expect, how interest rates are determined, and how a loan’s… Read More

Most businesses need the right equipment to be successful. Commercial equipment—whether that’s an industrial mixer for a bakery, computers for an accounting firm, or a fleet of trucks for a delivery service—can help optimize performance and take a business to the next level. The problem is...equipment is expensive, particularly if you need the latest and greatest technology. Thankfully, an equipment lease may be able to help you get the specialized machinery or technology your company needs now, even if you… Read More

Chase launched another Southwest-branded business credit card, called the Southwest Rapid Rewards® Performance Business Credit Card. What does it offer? How is it different from previous cards? Is it worth it if you don’t fly all the time? Here’s the scoop on earning Rapid Rewards and getting big bonuses during the card’s initial launch period. Big Bonuses for Business Card Holders Small businesses have a buffet of credit card options available to them. If you fly Southwest often, however, it… Read More

Commercial Real Estate Loan Rates 2022 Loan TypeAverage RatesTermsSBA 5042.231-2.399%Avg $1 million, up to 25 yearsSBA 7(a)5-8%Avg $350,000 up to 25 yearsTraditional Bank LoansFrom 3.00%Starting at $25,000   The decision to purchase a commercial real estate property, as opposed to leasing one, can come with numerous advantages. The right investment can be financially beneficial, especially since buying property typically allows you to build equity and take advantage of additional tax benefits. And, since some commercial real estate loan rates are… Read More

A long-term installment loan can provide valuable capital to help you run or expand your small business. If you’re looking for long-term installment loans with no credit check, though, you may end up disappointed — that is, if you haven’t already been pre-approved. However, there is financing available, primarily online, even if you don’t have good credit or high income. The key is to know where to look and how to improve your chances of approval. Long-term installment lenders we’ll… Read More