Blog Posts | Page 80

The SBA Economic Injury Disaster Loan Program (EIDL) provides financial assistance to both small businesses and private, nonprofit organizations that are located in a declared disaster area. Coverage depends on the amount of economic injury sustained. That includes things that don’t cause property damage, such as COVID-19, but still result in a massive loss of demand due to circumstances beyond your control or that interrupt your ability to conduct business.

The SBA offers a variety of loan programs that vary according to business needs. Its flagship program is the 7(a) loan program, which offers loans for most general business purposes. However, it also offers special programs such as microloans and disaster loans. Find out more about SBA loans, including who qualifies.

In this article, we’ll discuss the factors to evaluate when considering an offshore merchant account and several special features that you’ll want to include in your service. We’ll also profile four offshore merchant processing providers that we feel offer superior service and overall value in comparison to their competitors.

As a small business owner, you know the importance of financing to expand your business or start your next project. While there are many options available to provide you with the capital you need to start a new business or grow an existing business, one of the best options is a loan through the Small Business Administration.

There are general requirements set by the SBA that all applicants must meet in order to receive a loan. There are also specific underwriting requirements by loan type that must be met.

If your business has outstanding invoices and slow-paying customers, you don’t have to be burdened with cash flow issues. Invoice factoring could be the solution to your problem. In this post, we’ll examine how invoice factoring works, whether it’s a good financial decision for your business, and how to choose the best invoice factor. Table […]

Businesses that need $500,000 or less should consider applying for the SBA Express loan. Loan approval is guaranteed within 36 hours, while approval for an SBA 7(a) loan may take several weeks. However, businesses that are willing to wait and need a larger loan should look into the 7(a) program.

We hope you’re reading this article before you’ve been placed on the MATCH list, but if not, we’ll do our best to explain what it is, how it might affect the way you run your business, and whether there’s anything you can do to get yourself off the list. We’ll also look at alternative payment processing methods.

Choosing a high-risk merchant account provider isn’t the same as working with other payment processors. You can expect different pricing and contract terms — but you shouldn’t compromise on customer service. Here are six great providers that offer great service, fair pricing, and reasonable contracts for small businesses.

When you accept credit cards as payment, you are always charged a fee for processing. We’ll show you how fees work, which ones are mandatory, and which ones you can negotiate away or just skip by finding a great processor!