Resource Category: Finance

Fast Business Loans: The Best Lenders for Quick Working Capital

Nowhere is the saying “you need money to make money” more true than in the crowded, competitive, fast-moving world of small business. As you seek to establish and grow your enterprise, access to capital (or the lack thereof) will be one of your biggest hurdles. For small business owners facing expenses that just can’t wait, traditional approaches—SBA loans from banks, for example—can be burdensome, inconvenient, and ultimately disappointing. There is a correlation between access and cost in small business lending… Read More

Are EIDL or Paycheck Protection Program Loans Taxable Income?

If you’re like most small business owners wading your way through the EIDL and PPP loans and the regulations and requirements that go with them, welcome to the club. As we see more entrepreneurs receiving funds from these two SBA programs, we’re also seeing more questions about what comes next. One big question? Whether or not the funds from these two loan programs will be taxed on a business’ annual income tax return. Whether you’ve got just one business or… Read More

Best Business Credit Cards for Travel

Best Business Credit Cards for Travel If you’re a business road warrior, you’ve racked up plenty of miles on your roller suitcase, not to mention frequent flyer miles. Wouldn’t it be nice to also earn rewards for your travel expenses? That’s where business credit cards that offer rewards points come in. You might have personal credit cards with membership rewards points that you can use for flights or hotel stays. But small business credit cards for travel sometimes offer even… Read More

Secured Business Credit Cards

Running a business can be frustrating, especially when you need financing and discover that your credit scores don’t qualify you for many options. If you’re trying to build or rebuild credit, then you may have heard that a secured credit card can be a good option. As a business owner, you may need something slightly different: a secured credit card for small business owners. Here, we’ll introduce you to what a secured business credit card is, examine when you would… Read More

Small Business Grants: Free Money for Your Business

Small business grants can help your business get the money you need to grow your business. But there are a lot of misconceptions about grants. Here’s what you need to know about finding and getting free money for your business. What is a Small Business Grant? A grant is financial assistance that is given to a person, business, nonprofit, or corporation from federal, state, county, or local governments, or private businesses or corporations. There are a number of companies, nonprofits,… Read More

The Best Small Business Loans for Startups

One of the biggest challenges a new small business must face is obtaining the money it needs to launch and grow. 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 proudly turn on your physical or metaphorical “open for business” sign, you may need to get startup small business financing.  Here we’ll explore what types of loans may be… Read More