Small Business Grants: Free Money for Your Business

  As a small business owner, you likely are always looking for money to grow your business, and when something like a global pandemic hits, that need only increases. Whether you’re looking for grants to help you weather the rest of the COVID-19 pandemic and its aftermath or are just looking for a small business grant to take your company to the next level, you’ll find many options here. Small Business Grants 2021: Free Money for Your Business EIDL and… Read More

The Best Options for Small Business Startup Loans

If you run a startup, you might need financing, either to start or to grow. But unlike with established businesses, you might not qualify for more traditional financing options.  One of the biggest challenges a new small business must face is obtaining the capital necessary to support its initial growth. New employer small businesses are the primary source of U.S. job growth but are much more likely than larger firms to face financial challenges accessing borrowed capital. In order to… Read More

What Is a Confession of Judgment?

As a business owner, you’re probably used to putting your signature on a lot of documents. This is especially true if you’ve ever signed a commercial lease or taken out a business loan, line of credit, or merchant cash advance for your company. There’s just one problem. Most financial agreements are filled with legal jargon that you probably won’t fully understand unless you commit a few years of your life (and perhaps around $30,000–$50,000) to attend law school. Of course,… Read More

Are Shelf Corporations Legitimate?

As a small business owner, it’s smart to look for ways to help your company get ahead. However, there’s a difference between trying to get ahead and looking for shortcuts. Shelf corporations often, though not always, fall into the latter category. Shelf companies are formed for the purpose of being sold off, after an excellent business credit rating has been established. There’s just one problem. If you purchase a shelf corporation and use it to access business financing, like credit… Read More

Net 90 Vendors

Many small business owners are intimidated at the prospect of trying to build business credit. Some realize it’s important to earn strong business credit scores and reports, but don’t know how to start the process. Thankfully, building good business credit doesn’t have to be difficult. In fact, if you start by opening a few strategic vendor accounts, you might be surprised just how easy it is to send your business credit scores moving in the right direction. How Do Small… Read More

Net 60 Vendors

If your business struggles from cash flow challenges, you’re not alone. Fortunately, there’s a tool that can help improve cash flow and perhaps even build business credit.  That tool is net 30 and net 60 vendor accounts. What Are Business Vendors? A business vendor (or supplier) sells goods or services to another business. If you run a clothing manufacturing company, for example, a vendor might supply you with cloth, labels, equipment, and other supplies you need to make your final… Read More