Best Business Credit Cards for Startups

As the founder of a budding new company, there are plenty of good reasons for you to consider using a business credit card. Not only can it help you keep personal and business finances separate, it can come in handy covering cash flow, building your credit history, and saving money through various perks and rewards. But what are the best business credit cards for startups? Not all cards are created equal. You’ll want to choose one that best fits the Read More

Business Credit Cards for Bad Credit

Credit mishaps happen for a number of reasons, and perhaps one has happened to you. The good news is that there are a few business credit cards for bad credit which will give you the chance to build your business credit so that you can qualify for credit increases or new cards without having your personal credit called into question. (Solid business credit scores can open a number of other doors as well). To save you time, we’ve put together Read More

The Best Small Business Checking Accounts

If you’re looking to grow and sustain your business, opening a business checking account should be at the top of your to-do list. Having a business bank account that’s separate from your personal account allows you to more easily keep track of your money and process financial transactions. But finding the right bank account is crucial. Nav’s 2018 Business Banking Survey showed that 93% of business owners interact with their banking institution on a weekly basis, so choosing a bank Read More

Nav’s 2018 Business Banking Study

It’s no secret that a main formula for measuring the health of your business is how much cash you have in the bank. More cash coming in–and less going out–is a shared goal for businesses everywhere. Banks and lenders view the health of your business in the same manner. When you apply for business financing, most lenders will ask to look at your bank statements from the last six months in addition to your profit and loss statement and financial Read More

How to get business insurance and determine how much you need

Even if you run a low-risk company, business insurance is something you’ll need to consider along your journey as a business owner. As your company grows it will inevitably take on more risk, and business insurance becomes something you need to secure before it’s too late. But what coverage does your business need? There are dozens of different insurance policies or packages that you could end up with, so it’s easy to be under- or over-insured. Do your due diligence Read More

Business Bankruptcy — What Options Are Available?

Business bankruptcy is serious, but it doesn’t necessarily mean the end for your business. It does present some tough decisions and a good amount of paperwork, however, so you need to know what you’re getting yourself into. Let’s take a look at a few questions you’ll want to answer before we dive into the bankruptcy code. Frequently asked questions about business bankruptcy Are you personally liable for your business debts? If you are a sole proprietor, your business is not Read More

D-U-N-S Number — What You Need to Know

What is a DUNS number? The Data Universal Numbering System—or D-U-N-S number—was created and copyrighted in 1962 by Dun & Bradstreet. It is a unique a nine-digit identifier that has become the standard numbering system to identify businesses across the globe. Just as your social security number reveals a lot about you—your bank accounts, tax returns, credit scores, residences, etc., your DUNS number reveals similar information about your business. How can a D-U-N-S number help me? Here are 3 ways Read More

How to Get a Small Business Loan

You have a vision, a plan, and the motivation to start your own business or take your current one to the next level. Everything is ready to go, all you need is money. For many entrepreneurs, getting a small business loan is the key to fulfilling short and long term goals. So how do you get a small business loan? Is it difficult? Do you need to meet certain requirements? If you’ve asked these same questions, then you’re in luck; Read More

Small Business Grants: 24 Best Places for Free Money in 2018

There’s no such thing as a free lunch, right? Small business owners know this phrase more than anyone. But when it comes to launching and growing your small business, there are a number of companies, nonprofits and government agencies providing essentially free money to small business owners in the form of a small business grant. You don’t have to make your pitch on “Shark Tank”, refinance your home or take out a business loan to take the next step in Read More

What’s the Small Business Financial Exchange?

Each payment experience you make as a consumer—mortgage, credit card, and car payments, to name a few—could show up on your personal credit report. The same goes for your business in regards to your business credit report. Payments to suppliers, loan payments, commercial lease payments, auto payments, are all payment experiences that could be reported and end up on your business credit report. Data warehouses, like the Small Business Financial Exchange (SBFE), along with business credit reporting agencies collect the Read More