Blog Posts | Page 83

Wondering if it’s time to switch over from cash-only to credit card payments for Girl Scout cookie sales? Check out our handy guide to accepting credit card payments and the best options for Girl Scouts

Liquor stores are unique businesses with constantly fluctuating inventory and price changes, meaning that choosing an effective point of sale system is extremely important. Businesses that sell liquor, such as grocery and convenience stores, have the same needs. You’ll need to make sure the system is strong in certain very important areas.

Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn that their capital has come with a very high effective annual percentage rate (APR). The fact that your cash advance might have an effective APR reaching into the triple digits can be a big surprise. After all, that’s a very large number. […]

Short-term business loans are a relatively recent addition to a merchant’s arsenal of business loan options. Introduced in the last decade or so, short-term loans are similar to traditional installment loans, but fees are calculated a little differently.

The Small Business Administration (SBA) provides a number of loan programs designed to help small businesses grow. SBA loans are known for having some of the lowest interest rates available. We’ll explain the rates for three of the SBA’s most popular loan programs: 7(a) Loans (business loans for most general business purposes), CDC/504 Loans (business loans to finance real estate and other fixed assets), and Disaster Loans (loans to rebuild following a disaster).

If you need business financing, an installment loan is probably the first type of loan you think of. As some of the most common and straightforward type of loans available, installment loans are a popular type of business financing. Also commonly referred to as term loans, installment loans can be useful for many business financing needs—from […]

A merchant cash advance is a sales agreement where the merchant (the “seller”) is selling their future revenue at a discount to the merchant cash advance company (the “buyer”). Because merchant cash advances are sales agreements, they generally aren’t covered by usury laws that govern loans. This is where they get their dubious reputation. The effective APRs of merchant cash advances can easily crawl into the triple digits.

One of the biggest perks offered by business credit cards, other than convenience, is rewards. Gamed correctly, business credit card rewards can be a way to save money on your biggest expenses. Not sure which rewards are right for your business? Wondering what kinds of expenses to use your card on? Not even sure what’s […]

Popular crowdfunding platform Patreon has become less popular recently thanks to policy changes. Monetizing your work online has long been a challenge, but there are good options out there. Let’s look at the several other great platforms for raising money from the public to support what you do.

Affirm is a loan company offering “buy now, pay later” (BNPL) options. By providing short-term credit, Affirm lets customers spread out payments in a way that suits their budget. To read more about how Affirm works or to determine whether it would be a good fit for your business and your customers, read on.