Not impressed with the easy applications but high interest rates offered by alternative lenders? Well, the good news is that, despite the ubiquity of online financing, most of the best rates in the business continued to be offered by local banks and credit unions. Because you’re likely to encounter stricter credit requirements, as well as […]
While there’s still a good case to be made for going through traditional banks for equipment funding, circumstances — including mediocre credit, unhealthy cash flow, or a short time in business — may lead you to look online for a less traditional method of financing. Below, we’ll share information about some of our favorite […]
Without weight machines, treadmills, exercise bikes, and barbells, your gym or fitness center is just a big, open room with a bunch of rubber mats. While there’s nothing wrong with calisthenics, you’ll probably want to lure in your fitness fanatics with some exercise equipment. That leaves you with the question of whether to rent gym equipment, […]
A restaurant can be one of the more daunting businesses to get off the ground. Between the long hours, lunch and dinner rushes, and staffing requirements, you’ll likely have your hands full planning the logistics of your business. But before you can start cranking out metric tons of food, you’ll need commercial kitchen equipment. Unless […]
American Express is best known for their charge cards. These are cards with no hard credit limit that have to be paid off in total every month. But they don’t represent the full extent of Amex’s product line. Like its competitors Visa and MasterCard, Amex offers credit cards, on which you can carry a balance from […]
Fora Financial (read our review) is one of the more reliable online lenders in the business. While they don’t necessarily excel in any one area, they do provide short-term loans and merchant cash advances at fairly reasonable (for the industry) rates and are willing to work with new businesses. If Fora doesn’t sound like your cup […]
PayPal’s LoanBuilder offers an unusually high level of transparency to prospective borrowers, allowing them to see — and even tinker with — the terms of their loans well in advance of signing on the dotted line. This is a welcome trait in an industry where speed and low barriers to entry take precedence over openness […]
Credit cards and lines of credit share many characteristics. You may even be wondering how they differ at all, and whether it’s better to make your business purchases with one or the other. In fact, there are a few key differences that can help you determine when to use one or the other. Similarities Between […]
Credit cards are a common sight in wallets and purses, used for nearly a third of all in-person purchases. There’s nothing strange or novel about them. And yet, despite their ubiquity, there are a lot of misconceptions about how credit cards work and the best way to use them. Should you use them regularly, or […]
Unlike their small business counterparts, corporate cards are highly customizable. When it comes to Visa and Mastercard, your corporate card benefits will largely be based on the arrangements you make with your bank. American Express, however, directly issues corporate cards, so you can do more comparing upfront than you otherwise could with a Visa or […]
