Perhaps it’s an understatement to say that starting a business is hard work. With countless judgment calls, details to attend to, plans to make, and business-related things to learn, quite frankly, it’s a wonder that anybody starts a successful business. One of the biggest decisions an entrepreneur with a fledgling business has to make is how to fund […]
Big changes are coming to the world of leasing, but for those of us without accounting certification, these changes might appear a bit arcane. In this article, we’ll give you a zoomed out view of what’s changing and give you a few resources for further reading on the topic. Why Are Things Changing? Currently, as […]
It is fair to say that the age of crowdfunding is upon us. Social media has burrowed into our brains and laid its glistening eggs, and it’s never been easier for individuals and small groups to attract attention. From small-time inventors to famous actors to angry conspiracy theorists, everybody seems to be leveraging the internet […]
Non-recourse factoring is a highly sought-after option when you’re considering a new invoice factoring partner. Unfortunately, there are many misconceptions about this kind of factoring, and some companies are not entirely invested in clearing up these misconceptions. To ensure you’re getting the best arrangement for your business, you need to know the benefits and limitations […]
Any entrepreneur will testify to the difficulty of securing capital for their businesses, particularly start-up businesses. Banks aren’t exactly known for being understanding or compassionate in assessing people’s worthiness to get a business loan. Especially in this post-recession climate, it’s only natural that entities offering smaller loans to those without perfect credit would rise in […]
Part of our work here at Merchant Maverick is staying on top of new developments and trends in the industries that we cover. We learn a lot from the news article, blogs, and community forums we frequent. So much, in fact, that we want to share our knowledge with you in a more direct fashion. […]
You may have noticed that the equipment leasing industry uses a lot of acronyms. While they all refer to distinct types of financial agreements, it can be easy to confuse the bigger differences from the minute details. In the interest of clearing up some of those distinctions, we’ll take a look at two of the […]
If you’ve been searching the internet for information about equipment leasing, you’ve probably run into a wall of industry jargon. Between captive lessors, capital leases, equipment financing agreements, and references to Section 179, the terminology can get pretty opaque. This is especially true when it comes to TRAC leases. What Are They? TRAC stands for […]
When it comes time to replace or upgrade your equipment, you’ll quickly notice that there are a lot of companies willing to finance your assets with equipment leases. These companies often provide a very useful service, particularly for businesses that need to spread their costs out over time. This article is not, however, about the […]
Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn—after the fact—that their capital has come with a very high effective annual percentage rate (APR). The fact that your merchant cash advance might have an effective APR of, for example, 150% can be a big surprise. After all, that’s a very […]
