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Fundbox vs BlueVine

Fundbox VS BlueVine

Two of the biggest names involved in the new, more ethical methods of invoice factoring are BlueVine and Fundbox. We’re fans of both of these services here at Merchant Maverick, but which one is better? You, presumably, are reading this because you own a business that processes invoices. So which one should get your patronage? That’s what we’re going to discuss today.

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Feb 13, 2018 Filed under: Business Loans, Invoice Factoring 0

Is Invoice Factoring Right For Your Small Business?

Invoice factoring — selling unpaid invoices to a factoring company in exchange for immediate cash — is a useful financing tool for certain businesses. If your business, like many others, has slow-paying customers that affect your cash flow, invoice factoring might help you manage your finances. But how, exactly, does invoice factoring work? And should your […]

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Feb 8, 2018 Filed under: Business Loans, Invoice Factoring 0
cdfi community development financial institution

Should I Take Out A Business Loan From A CDFI?

Merchants looking for business financing are often faced with a difficult choice: apply for a bank loan (which are low-cost but time-consuming and hard to get) or an online loan (which have higher approval rates and faster applications but can be very expensive). If your business is community-oriented, however, you might have a third option: […]

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Feb 5, 2018 Filed under: Business Loans 0
ondeck alternatives business loan

The 6 Best OnDeck Alternatives

If you’re looking for a business loan, chances are you’ve come across the name OnDeck (see our review). Founded back in 2007, OnDeck was one of the first companies to offer fast, easy-to-access business loans. Although the company has more competition today, OnDeck is still one of the most well-known lenders available because it’s fast, easy […]

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Jan 29, 2018 Filed under: Business Loans 1
business line of credit loan

The Best Business Lines Of Credit For 2018

A line of credit is one of the most useful tools at a merchant’s disposal. Merchants with a line of credit can have funds available within a few days without going through a long application process every time. These funds can be used for many business reasons, such as working capital, business growth, or emergency […]

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Jan 25, 2018 Filed under: Business Loans 0

Business Financing: Should You Take Out A Loan, A Credit Card, Or A Line Of Credit?

When it comes to business financing, merchants have many options to choose from. Three of the most popular sources of financing are small business loans, business credit cards, and lines of credit. All are useful options, but each carries its own separate advantages and disadvantages. Which is best for your business financing needs: a business loan, […]

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Jan 17, 2018 Filed under: Business Credit Cards, Business Loans 2

The 5 Best Kabbage Alternatives

Kabbage (see our review) is an online lender known for its extremely quick application process and convenient loan products. The lender’s always-accessible online interface and low barrier to entry mean that Kabbage is often a favorite for businesses that are not interested in (or not qualified for) more traditional business funding. Plus, Kabbage’s line of credit-style loans grant borrowers more flexibility […]

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Jan 11, 2018 Filed under: Business Loans 0

Short-Term Loans, Merchant Cash Advances, & APRs

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

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Jan 8, 2018 Filed under: Business Loans, Merchant Cash Advance 5

The Merchant’s Guide to Short-Term Loans

Short-term loans are a relatively recent addition to a merchant’s arsenal of business loan options. Introduced in the last decade or so, short-term loans are similar to traditional installment loans, but fees are calculated a little differently. These loans are useful for a lot of merchants, but also have some characteristics which might make them […]

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Jan 8, 2018 Filed under: Merchant Cash Advance 0