No one likes to feel insecure or to leave their home or valuables in an unsecured state. However, when it comes to business loans, a lack of security can actually be a good thing. While we certainly want you to maintain a healthy self-esteem in your personal life and to lock your front door, you […]
Online installment loans are a fast and simple means of obtaining financing for millions of small businesses. These quick cash infusions serve a wide range of business uses, from debt refinancing to working capital. Unlike some other types of financing, installment loans (also sometimes called “term loans”) have a traditional and easy-to-understand structure; you’ll receive a […]
Small business financing is notoriously difficult to procure. Most bank loans require that the applicant have stellar credit and 2+ years in business – and even then, there’s no guarantee you’ll get a loan. According to Biz2Credit, big banks approved less than 25% of all small business loan requests in March 2016, while smaller banks […]
Interest rate is arguably the most important metric on any loan. You’ll also have to contend with various other loan fees, but in most cases interest rate is the biggest determinant in the total cost of a loan. Credit scores are dependent on the strength of your business. Strong businesses with characteristics such as an excellent […]
It’s nearly impossible to find a business lender that doesn’t check your credit. But if you have a tarnished credit history or don’t want to lower your credit score with multiple credit checks when loan-shopping, it might be in your best interest to find a lender that doesn’t do a credit check. (You should note, […]
Businesses often end up buying their point of sale system from a reseller, rather than from the company that actually manufactures the system. In some circumstances, this is the only way you can buy the POS – perhaps the company that makes the POS system sells their equipment solely through certified distributors. Or, you might […]
Few things in life feel as good as a fresh start. This is especially true when you’re launching a new business and are full of enthusiasm to start making your dream a reality. But if you’ve been through some financial hardships that have left your credit score battered and bruised, a fresh start can be hard to come […]
Comparing small business loan rates is no simple task. Firstly, there is more than one rate you need to compare; you’ve got the interest rate or factor rate, of course, but there is also the APR, the origination fee, and sometimes other fees as well. Also, as you probably already suspect, not all borrowers are offered the same […]
I know not everyone feels this way, but I love self-checkout terminals. Rather than having to make small-talk with the cashier, I can just pay for my stuff and be on my merry way. I especially appreciate the self-service point-of-sale when I’m shopping with my three-year-old – who LOVES to make small talk with cashiers. […]
When you have bad credit, getting a business loan with fair terms and affordable fees can be difficult, to say the least. While you could get a loan from one of many “payday lenders” who sell short-term loans with sky-high interest rates and tons of hidden fees, the price you’ll ultimately pay for the loan might not […]
