Entrepreneurs Share 7 Smart Ways They Use Business Credit Cards

A business credit card can be much more than a convenient way to pay for purchases. These cards can also provide lucrative rewards, superior fraud protection, and can smooth out cash flow. According to the Federal Reserve’s 2019 Small Business Credit Survey, 52% of firms with 1 to 499 employees use credit cards on a regular basis. Here, seven small business owners reveal the smartest purchase they ever made on a credit card, and why putting those purchases on plastic Read More

Wells Fargo Business Secured Credit Card Review

A credit card can be a useful business tool that makes it easier to keep track of finances or manage gaps in cash flow. However, if you have bad credit or limited credit, getting a business card can be difficult. Getting one with a rewards program can be even more challenging. The Wells Fargo Business Secured Credit Card, however, is an exception, offering cardholders a line of credit — as long as you can make a cash security deposit — Read More

Where to Find First Time Business Loans

Getting your first loan is a major milestone in the life of any business because it has the potential to breathe life into your dreams. Whether you’re looking to grow your business, buy equipment, or solve pressing cash flow issues, your business may need to borrow money to accomplish its goals. There’s just one problem. As a newer company, your funding options might be limited.  But there’s good news, too. It’s true that if your time in business and your Read More

How to Find and Apply for SBA Loans for Veterans

Our military men and women are among the bravest and most dependable people we know. It should come as no surprise then, that this demographic often finds success in the small business world. The hard work and dedication they are used to giving to their country serve them well as small business owners.  Whether you’re a veteran looking to launch a brand-new business, buy an existing company, or expand the one you already own, there are many financing options available Read More

How To Get A Business Loan From A Bank

Though the business financing industry has changed dramatically as of late, one thing remains the same: banks still offer the most advantageous business loans on the market. Qualifying for a business loan from a bank can give you access to unrivaled rates and terms. The affordability of bank loans, however, makes them very difficult to obtain. Many applicants fail to meet every requirement, or simply don’t meet the most important requirements at all.  Recent data shows that the approval rate Read More

Business Loan Requirements: Everything You Need to Know

Whether it’s your first business loan or you’ve been down the lending path before, there are plenty of things to consider when applying for funding. And though the lender rates and repayment terms are important, business loan requirements hold the key to your financing future.  What do banks look for when applying for a business loan? As you review your financing options and apply for a new business loan, take note of these business loan requirements: Credit Score Time in Business Debt Read More

What to Know About Alternative Lending

Getting approved for a small business loan can be difficult for business owners, especially if you’re running a relatively new startup. Alternative lending provides business owners with an easier way to get the capital they need to start, maintain or expand their business.  That said, alternative lending options are typically more expensive than business loans from traditional lenders like banks and credit unions. So it’s important to consider all of your options before choosing one. What is alternative lending? Alternative Read More

Can You Use a Personal Loan for Business?

When it comes to money, it’s smart to draw a clear line in the sand between your business personal finances. However, the choice isn’t always so clear cut when it comes to business credit vs personal credit.  It’s true that you should start establishing good credit for your business right out of the gate (or at least as soon as possible). Good business credit can help your company qualify for funding and can save you money when your business needs Read More

What Is the Latest Capital One Breach, and How Does It Affect You?

Oops, it happened again. The news cycle is abuzz with the revelation that a significant data breach has hit Capital One, and the alleged perpetrator (a Seattle software engineer) has been arrested. The data breach is being called one of the largest in history, and while the suspect was accused of accessing records from a cloud-based server between March 12 and July 17 of this year, the information collected represents many years of sensitive consumer data. Here’s what you need Read More

How to Find and Qualify for SBA Startup Loans

One of the most notable partners in the business financing space is the Small Business Administration (SBA). Their Lendermatch network has been instrumental in providing loans to various industries in amounts ranging from a few thousand dollars to millions.  How can you qualify for SBA startup loans? What special actions can you take to better your chances of approval? Whether you’re part of many growing women-owned businesses, or you are following in your family’s footsteps by launching a new tech Read More