Non-recourse factoring is a type of invoice factoring in which the business is not responsible for re-purchasing a factored invoice if their customer doesn’t pay. But is it really as good as it sounds? And can you even find non-recourse factoring arrangements anymore? We answer these questions and more in our complete guide.
Lending by Wave is a business financing service offered by Wave in partnership with OnDeck. Through Lending by Wave, you could get a short-term loan or a line of credit. Is it a good deal? Learn everything you need to know in this article.
Free credit score sites are a good way to learn about your financial well being, make informed borrowing decisions, and manage your financial health. In this article, we highlight some of our favorite 100% free credit score sites.
As an adult, you’re likely aware of what a personal credit score is, how it’s used, and why it’s important. From applying for a mortgage to renting an apartment to applying for a loan or credit card, your credit score is a reflection of your creditworthiness. A high personal credit score shows that you’re a […]
UCC-1 blanket liens are often required when you take out a business loan, credit line, or lease. In this article, we explain what liens are and what you need to know about them, so business financers can’t take advantage of your business.
Personal guarantees are often required for loans, credit cards, and other types of business financing. Learn about the different types of personal guarantees you might come across, and how to avoid the bad ones, when you’re looking for business funding.
Merchant cash advances are often cited as quick, easy, and flexible financing options for small businesses. While bank loans can take months and have a high rejection rate, merchant cash advance applications only take a few days and are much more lenient about the businesses they’ll accept. However, while they can be perfect for certain […]
Kabbage 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 in how they […]
As a business owner, getting the financial boost you need to grow and expand, keep operations flowing efficiently, and cover emergency expenses should be easy, right? After all, banks, credit unions, and online lenders have made business loans more accessible than ever. Unfortunately, if you’ve ever applied for a business loan, you already know that […]
The Small Business Administration is an indispensable resource for business owners in need of financing. In partnership with banks, credit unions, and other financial institutions, the SBA offers low-cost government-backed business loans. SBA loans can be used for most business uses, such as working capital, inventory, equipment, refinancing, and real estate. SBA loan borrower requirements […]
