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 But while the basic concept may be old, it is not outdated; factoring structures are continually changing to stay relevant to the needs of modern business owners.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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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? […]
Note: this is part two of our three-part Small Business Loans 101 series. Head over here for last week’s article: Finding the Right Lender. After you’ve found a few lenders you may be eligible for, it’s time to start applying for loans. Although all have their own process, most lenders appear to have adopted the […]
Searching for a business loan can seem like a daunting task. With so many lenders out there, it’s hard to know what kind of loan you need, where you should apply, and which lenders will actually accept your application. The search for an appropriate business loan will always be a relatively time consuming process, because you […]
Bond Street is an alternative lender that offers fast and easy-to-access business loans to small but established businesses. While expensive compared to other sources of funding (such as bank loans), Bond Street’s rates and fees are competitive with similar lenders.
Able Lending is no longer in operation.
Anybody who gives you advice on getting a business loan is going to tell you to make some comparisons. Don’t go with the first lender that gives you an offer; first take the time to look around, get quotes from different lenders, and make a decision based on what fits your needs and who offers you […]
Dealstruck is a direct funder that loans to young but established businesses. Dealstruck’s minimum requirements are more flexible and their rates and fees are competitive. Dealstruck is worth a try especially if your business is under two years old.
The EMV liability has officially shifted, and plenty of businesses have not switched over to fancy new terminals yet. If you’re one of those businesses, we understand. You want the best EMV terminals for your business, but you don’t have enough time to ensure that 1) you’re getting the best hardware, and 2) you’re getting a […]
Searching for a Merchant Cash Advance (MCA), those lump-sum loans paid back daily through debit and credit card sales, can be a time-consuming experience. With so many providers out there, how do you even begin to find the good ones? Worry no more—we at Merchant Maverick are here to help. Here are some useful tips to […]