8 Options for Small Business Startup Loans

The 8 Best Startup Business Loans Startup Consultants Equipment Financing Business Credit Cards SBA Microloans Other Microlenders Invoice Financing Crowdfunding Personal and Friends/Family Funding What is a Startup Business Loan? A business startup loan is financing meant to help with the financial needs of a new business. Business startup loan proceeds can go towards things like working capital; the purchase of equipment, machinery, supplies, inventory, and furniture; and the purchase or construction of real estate. New business owners can also Read More

A Guide To Funding Your Startup While In College

If you’re finishing up your degree or recently jumped  into the professional world with a great idea for a business, you’re not alone. Entrepreneurship is more popular than ever before, with new businesses springing up in every sector. Starting a business isn’t as hard as it once was. Today, funding is readily available to those who need it. But just because you can get financing doesn’t mean it’s right for you. You have to know where to look. Nav provides Read More

Best Business Loans for 2019

Getting the right type of funding for your business isn’t always easy. While there are plenty of commercial lenders and business loans on the market, the best one for you can depend on a variety of factors. How long you’ve been in business, your annual revenue, your personal credit score, and your required funding time are all things to consider before you apply. It’s also important to consider lenders who can provide the type of loan you need. To save Read More

Small Business Line of Credit: How to Choose the Right Option

A small business line of credit helps entrepreneurs maintain  a constant supply of cash to keep up with recurring expenses and the ebb and flow of seasonal changes in business. For the 50% of businesses owner who have experienced cash flow problems, a small business line of credit can be a necessary lifeline. You may be thinking: “My business is profitable, we don’t need additional cash reserves.” But many businesses with and without cash flow issues keep a line of Read More

What is the Debt-Service Coverage Ratio?

If you’ve applied for a small business loan before, you’re reasonably familiar with how a lender decides whether or not they want to work with you. Many will want to look at your credit scores (personal and business), business tax returns, monthly bank statements, and more. They’ll want to know how much money you business is bringing in, how much money is going out, and where it’s going. Most lenders will also want to know what existing debt you and Read More

SBA Loans — What’s the Difference between 7a and 504?

Small business owners have a lot of options to consider when it comes to small business loans. From selecting a lender to determining the type of loan you need, the path to financing can be a confusing one. Of the many places you may look, the United States Small Business Administration (SBA) can be a great resource for information on loans, and specifically, different SBA loan programs that are exclusively available to small businesses. Of those SBA loan programs, the Read More

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? The 4 Best Business Credit Cards for Startups : Best for fair credit : Best 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

Small Business Grants: 24 Best Places for Free Money in 2019

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

Best Business Credit Cards for Travel

Business road warriors are used to packing their bags. But wouldn’t it be more exciting to get ready for your upcoming trip if you knew there were sweet rewards involved? That’s where business credit cards come in. You probably know of or have a personal credit card that rewards you for your purchases with miles or points that you can spend on flights or hotel stays. But business credit cards for travel sometimes offer even better rewards than personal cards, Read More