Crowdfunding is a funding solution shaped to fit the iniquitous era that incubated it. As our society (and our collective psyche along with it) careens from crisis to crisis, reducing us to neurotic spectators watching our phones and waiting for the next shoe to drop, one thing has become abundantly clear: the cavalry isn’t coming. There […]
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 […]
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 fewer than 27% of all small business loan requests in November 2018, while smaller banks approved about […]
Free money to start your business – isn’t that every entrepreneur’s wildest dream? It’s too bad that startup grants are so hard to come by. You can think of business grants sort of like scholarships for adults. Just as with a scholarship, you have to convince the grant-issuer that a) you will put the funds […]
Whether starting a business or taking an existing business to the next level, there comes a time when every business owner considers applying for a business loan. If you’re a small business owner, however, you know difficult it can be to qualify — perhaps you’ve even taken steps to apply for a loan only to […]
It’s nearly impossible to run a small business without incurring debt. In a perfect world, you’d be able to fund all of your expenses yourself and still have profits in your bank account. For small business owners, this often isn’t the case. Loans, credit cards, and other financial products are used to pay everything from […]
Obtaining financing can be a significant hurdle when starting or expanding a business, but this is particularly true for women. While comprising nearly a third of small business owners, women receive less than one sixth of all business loans. Why is this? How can you get around lending bias and procure a business loan for […]
We communicate online. We pay our bills and shop online. The internet isn’t just a virtual playground for our downtime, though. It’s also a critical tool for many businesses and has become the go-to source for many business owners seeking a small business loan. Technology has made it possible for us to apply for business […]
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 […]
With over $5 billion raised on the platform since its inception in 2010, GoFundMe has a reputation for helping to cover the costs of personal emergencies in a world where most of us are just one missed paycheck away from ruin. But while the company has become synonymous with charitable crowdfunding, you might not realize […]
