Business Loans Blog Posts | Page 10

What Is Vendor Financing & When Should Your Small Business Use It?

Businesses that have exhausted normal methods of acquiring capital may find themselves turning to less known methods, such as vendor financing. Like most forms of alternative financing, it’s less a broad solution and more a specific help for small businesses whose needs fall into a specific niche. Is it the best choice for your particular small business financing needs? Read on to find out.

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Apr 10, 2020 Filed under: Business Loans, Buy Now Pay Later, Equipment Financing, Small Business

Your COVID-Affected Small Business Might Be Eligible For SBA Loan Debt Relief Via The CARES Act

The United States government has reacted to recent economic uncertainty through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Under the CARES Act, there are a number of programs aimed to help small business owners weather the coronavirus storm. If you’ve obtained a loan backed by the Small Business Administration (SBA), one of these programs will be of particular interest to you. This program provides SBA loan debt relief to business owners affected by the coronavirus.

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Apr 8, 2020 Filed under: Business Loans, Small Business

Round 2 PPP Loans Explained: Rules, Requirements, & Where To Apply

While the CARES Act has many moving pieces and parts, the sections dedicated to protecting small businesses and the people they employ will be a salve amid a tragic month of anxiety. One of the specific offerings in the stimulus package is the Paycheck Protection Program. These loans come with stipulations but are equipped with some generous benefits to help protect payroll. Keep on reading to find out what they might mean for your business.

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Jan 14, 2021 Filed under: Business Loans, Small Business

The 4 Best Factoring Companies For Fleets, Owner Operators, & Other Trucking Companies

One of the biggest challenges faced by trucking companies is waiting to get paid. You could potentially wait for weeks (or even months!) to receive payments from your customers. Fortunately, there’s a way to get paid quickly: invoice factoring. You can have access to instant (or near-instant) cash instead of waiting 30, 60, or 90 days for your customers to pay. But what’s the catch? In this post, we’ll take a look at invoice factoring for trucking companies.

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Dec 30, 2020 Filed under: Business Loans, Invoice Factoring, Invoice Financing, Small Business

How The CARES Act Coronavirus Stimulus Package Could Help Your Small Business & Employees

Whether you’re an employee or an employer, everyone around the world is feeling the effects of the coronavirus pandemic. Fortunately, Congress has stepped up to battle the economic fallout as a result of the coronavirus with a $2 trillion stimulus package — the largest in history — and it offers relief for small business owners as well.

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Mar 30, 2020 Filed under: Business Loans, Small Business

Small Business Loan Resources & Guides For Businesses Affected By The Coronavirus

The federal government is still shaping its response to the unfolding coronavirus pandemic and the accompanying economic fallout, so a lot of questions remain with regard to what kind of relief will eventually be available. In the meantime, if your small business is suffering, there are some resources you can immediately tap that can either directly extend credit to you, or help guide you to it.

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Apr 15, 2020 Filed under: Business Credit Cards, Business Grants, Business Loans, Small Business

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