If you’re reading this blog, then you already know how important cash flow is. Cash flow is the mainstay of your business. Positive cash flow means you can successfully run and grow your business, and negative cash flow — well, that’s bad news. But what do you do when you have negative cash flow? How […]
Having a good credit score is integral to getting goods and services at a reasonable rate. Most creditors will look pull up at least one of your scores, whether you are looking for a loan, housing, a credit card, or some other product or service. It’s important to have at least a rough idea of […]
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 […]
Freelancer. The very word evokes freedom (and lances). If you’re a self-employed freelancer, I’m sure I don’t have to lecture you about the perks and drawbacks of running a freelance business. You probably enjoy the independence — the feeling of freedom that comes from choosing your own work assignments and making your own financial choices […]
Working capital — the money used to handle everyday expenses — is essential to any successful business. You must have enough capital on hand to run your daily operations, but you don’t want to leave money just lying around; it’s important to invest money back into growing your business, after all. For some businesses, simply […]
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 […]
Two of the biggest names involved in the new, more ethical methods of invoice factoring are BlueVine and Fundbox. We’re fans of both of these services here at Merchant Maverick, but which one is better? You, presumably, are reading this because you own a business that processes invoices. So which one should get your patronage? That’s what we’re going to discuss today.
Invoice factoring — selling unpaid invoices to a factoring company in exchange for immediate cash — is a useful financing tool for certain businesses. If your business, like many others, has outstanding invoices and slow-paying customers that affect your cash flow, invoice factoring might help you manage your finances. But how, exactly, does invoice factoring work? […]
Business financing is often a necessary part of growing a business, but when it comes to finding capital, it can be difficult to know where to start. Should you get a credit card? What about a loan from your local bank? Is there useful financing out there that you haven’t even heard of? Read on, […]
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 […]
