Business Loans Blog Posts | Page 19

The Best Small Business Loans For Minorities

For minorities seeking business loans, the normal challenges of financing can be compounded by lending biases, systemic racism, language barriers, and geographical positioning in communities that have been written-off by many lenders. It’s not all bad news, though. Many institutions and organizations have programs designed to circumvent these issues and get money into the hands of minority entrepreneurs.

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Apr 19, 2024 Filed under: Business Loans

What Is A Lease Line Of Credit?

We often think in terms of insurance for expensive items we already own, but when it comes to anticipated future expenses, we usually only think in terms of savings. Businesses that expect to replace equipment in the near future, however, can prepare for those expenses in another way: by seeking a lease line of credit. […]

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Jan 9, 2020 Filed under: Business Loans, Equipment Financing

Complete Guide to Square Loans

Square Capital is an easy-to-understand, convenient loan product for Square borrowers. Although the fees can be a little expensive, they’re still generally comparable to or better than those of its competitors.

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Sep 12, 2023 Filed under: Business Loans

What TRAC Leases Are, How They Work, & When They’re The Right Choice For Your Small Business

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. If you’ve ever wondered what the TRAC lease is, how it works, or even just what the acronym stands for, you’ve come to the right place.

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Jun 15, 2020 Filed under: Business Loans, Equipment Financing
equipment financing

What Is Equipment Financing: How To Purchase Hard Assets With Loans & Leases

Whether you’re paving a road or writing software, sooner or later you’re going to need to buy, upgrade, or replace your business-related equipment. Unless you’re lucky enough to have a lot of cash on hand, the costs of doing so out of pocket may prove prohibitive. If you don’t have the luxury of waiting, you’ll need to seek financing. When that happens, you should consider an equipment loan.

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Apr 3, 2023 Filed under: Business Loans, Equipment Financing

Equipment Financing: Lease VS Loan

Chances are, if you’re running a business, you’ll need equipment, whether it takes the form of chairs, registers, or pile drivers. Purchasing these items may require more cash than you have on hand, forcing you to take out a loan. On the other hand, purchasing equipment that becomes obsolete quickly often doesn’t make sense, fiscally. […]

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Jan 9, 2020 Filed under: Business Loans, Equipment Financing

Guide To Business Loan Rates & Fees

Small business loan rates and fees affect your cost of borrowing, so it’s important to make sure you do your research to find the most affordable loan for your business. The most effective way to get the best deal on a business loan is to educate yourself, starting with this guide.

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May 21, 2024 Filed under: Business Loans