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What’s the Best Way To Get a Loan For My New Business?

Perhaps it’s an understatement to say that starting a business is hard work. With countless judgment calls, details to attend to, plans to make, and business-related things to learn, quite frankly, it’s a wonder that anybody starts a successful business. One of the biggest decisions an entrepreneur with a fledgling business has to make is how to fund […]

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Jun 7, 2017 Filed under: Business Loans 0

Non-Recourse Invoice Factoring: Everything You Need to Know

Non-recourse factoring is a highly sought-after option when you’re considering a new invoice factoring partner. Unfortunately, there are many misconceptions about this kind of factoring, and some companies are not entirely invested in clearing up these misconceptions. To ensure you’re getting the best arrangement for your business, you need to know the benefits and limitations […]

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Jun 5, 2017 Filed under: Business Loans, Invoice Factoring 0

Merchant Cash Advances and APRs

Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn—after the fact—that their capital has come with a very high effective annual percentage rate (APR). The fact that your merchant cash advance might have an effective APR of, for example, 150% can be a big surprise. After all, that’s a very […]

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May 22, 2017 Filed under: Business Loans, Merchant Cash Advance 0
double dipping merchant cash advance short term loan

Double Dipping: The Hidden Costs of a Merchant Cash Advance

Merchant cash advances (MCAs) and short-term loans (STLs) are an easy way for merchants to borrow cash for business purposes. Although these types of financing often get a bad rap, many legitimate business funders offer merchant cash advances and short term loans. However, because these types of funding are still relatively new and often misunderstood, some […]

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May 16, 2017 Filed under: Business Loans, Merchant Cash Advance 0
invoice factoring rates fees

Understanding Invoice Factoring Rates & Fees

Invoice factoring is perhaps one of the most convoluted types of financing available to merchants. Because factoring involves many different parties and has a lot of moving parts, rates and fees can be difficult to parse. Nonetheless, having a good understanding of rates and fees will ensure that you’re working with the best invoice factor […]

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May 11, 2017 Filed under: Business Loans, Invoice Factoring 0
spot factoring single invoice factoring

Spot Factoring vs. Invoice Factoring

Invoice factoring is often cited as an ancient form of business financing, dated back to the time of ancient Mesopotamia. But while the basic concept may be old, it is not outdated; factoring structures are continually changing to stay relevant to the needs of modern business owners. One new development, for example, is spot factoring. […]

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Apr 27, 2017 Filed under: Business Loans, Invoice Factoring 0

PayPal Working Capital Loan Declined? Try These 5 Alternatives

PayPal Working Capital loans are a convenient and relatively low-cost way for merchants who use PayPal to borrow money. Applications are short, repayment is automatic, and fees are normally very low. Unfortunately, merchants report being denied this service, often without a clear explanation as to why. While some merchants report success after waiting a few days and reapplying, some […]

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Mar 31, 2017 Filed under: Business Loans, Merchant Cash Advance 0

The 7 Best Square Capital Alternatives

Square Capital loans are, understandably, beloved by most Square users. For the most part, Square has streamlined the typically long, drawn out, and inconvenient loan process. With a Square Capital loan, you don’t have to spend time filling out long applications, gathering various documents, and remembering to write checks. It’s no wonder Square Capital is one […]

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Mar 21, 2017 Filed under: Business Loans, Merchant Cash Advance 0
purchase order financing po financing

What is Purchase Order Financing?

If you’re a distributor or reseller who does not have the funds to fulfill customer orders, purchase order (PO) financing may be for you. Although PO financing tends to run on the expensive side, it can be a useful financial tool for businesses that have exhausted their other financial options. What is purchase order financing? […]

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Feb 17, 2017 Filed under: Business Loans 1