American Express is best known for their charge cards. These are cards with no hard credit limit that have to be paid off in total every month. But they don’t represent the full extent of Amex’s product line. Like its competitors Visa and Mastercard, Amex offers credit cards, on which you can carry a balance from […]
So, what is equity crowdfunding, anyway? Let’s start with the term “crowdfunding.” If you’re only loosely familiar with the concept, you might think of GoFundMe’s brand of medical and charitable crowdfunding. You may also think of rewards-based crowdfunding platforms like Kickstarter and Patreon in which entrepreneurs and artists solicit funds from backers in exchange for […]
Fora Financial (read our review) is one of the more reliable online lenders in the business. While they don’t necessarily excel in any one area, they do provide short-term loans and merchant cash advances at fairly reasonable (for the industry) rates and are willing to work with new businesses. If Fora doesn’t sound like your cup […]
QuickBooks Capital (see our review) is a brand new lending feature designed for QuickBooks Online (see our review) users that offers installment loans at competitive rates. QuickBooks Capital uses your accounting information to determine whether you’re eligible for a loan, making the application process incredibly simple. However, if you need fast capital, you may not […]
PayPal’s LoanBuilder offers an unusually high level of transparency to prospective borrowers, allowing them to see — and even tinker with — the terms of their loans well in advance of signing on the dotted line. This is a welcome trait in an industry where speed and low barriers to entry take precedence over openness […]
Chances are, if you’ve looked into crowdfunding as a possible source of capital for your business, you’ve considered Kickstarter. And why not? Kickstarter has come to dominate the conversation when it comes to tapping the internet for funding creative projects, and it’s not hard to see why. At latest count, Kickstarter has seen over $3.5 […]
Credit cards and lines of credit share many characteristics. Business owners may wonder how they differ at all, and whether it’s better to make your business purchases with one or the other. In fact, there are a few key differences that can help businesses determine when to use one or the other to make your […]
Credit cards are a common sight in wallets and purses, used for nearly a third of all in-person purchases. There’s nothing strange or novel about them. And yet, despite their ubiquity, there are a lot of misconceptions about how credit cards work and the best way to use them. Should you use them regularly, or […]
Startups are inherently risky endeavors. According to Fortune Magazine, close to 60% of new startups fail. Because new businesses are so risky, it is notoriously difficult to obtain startup financing — most banks won’t lend to you unless you’ve been in business at least two years. While some online lenders offer startup loans, startup grants are […]
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 […]
