Author Page for Chris Motola

The question of whether or not to use Lendio boils down to whether you want to directly apply to a lender instead of using its matchmaking features. While this may be a more time-consuming process, it does allow you more direct control over the process. While Lendio doesn’t charge applicants any additional fees, it does charge the lenders a fee that may or may not be passed on to you, so you can potentially save a little money by avoiding the middle man.

With relatively low barriers to entry, BlueVine can be a convenient way for businesses to quickly obtain a line of credit of up to $250,000.

When it comes to BlueVine VS Kabbage, the two lenders offer similar lines of credit products. BlueVine is easier to qualify for and has higher borrowing limits, while Kabbage boasts stronger customer service. Both offer neobanking services as well.

In Merchant Maverick’s inaugural data report on The Best States In Which To Survive Recession, our analysis found that the states in the best condition to mitigate the effects of a recession aren’t where you might expect. Most of them, as it turns out, are in the Heartland.

Explore SBA loans for law firms, startup grants, and other funding options available now, and find out how you can leverage this working capital to better serve your clients.

Coinbase Commerce is just the basics and a great first stop for merchants who want to see if cryptocurrency is a viable payment alternative in a time of rising credit card interchange fees. That said, Coinbase Commerce’s limitations may quickly become apparent to merchants who want to wade into deeper waters. In particular, the limited and conservative cryptocurrency options may be a sticking point.

Square offers one of the quickest and easiest setup processes in payment processing and is one of our favorite solutions for small businesses. Still, there may come a time when your business outgrows Square or no longer needs credit card processing. When that happens, you’ll want to know how to cancel your Square account.

For businesses that make infrequent and small transactions, Cash App is a wonderful convenience. You’ll be able to take Cash App and credit card transactions with minimal fuss and no hardware expenditures outside of the mobile device you’re already using. The flat 2.75% transaction fee recalls the old days of Square; with no flat markup, it’s possible to make very small transactions economically.

Stripe Payments can be a great tool for tech-savvy nonprofits, particularly those that take most of their donations online. Stripe’s nonprofit discount is significant and competitive; just keep in mind that not all donations qualify for the discounted rate.

While they’re still a bit rough around the edges, crypto payments can be a cheap way to process non-cash payments at a time when the costs of credit card transactions are ballooning. Just make sure you select a provider with a solid reputation and low costs that offer you the amount of exposure to crypto that you want.