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Whether you’re paving a road or writing software, sooner or later you’re going to need to buy, upgrade, or replace your business-related equipment. Unless you’re lucky enough to have a lot of cash on hand, the costs of doing so out of pocket may prove prohibitive. If you don’t have the luxury of waiting, you’ll need to seek financing. When that happens, you should consider an equipment loan.

Different types of businesses need different types of POS hardware. Retail businesses typically need a tablet, tablet stand, cash drawer, receipt printer, and barcode scanner. A restaurant may not need s barcode scanner (unless they also sell merch), but will need other peripheral POS equipment such as kitchen printers and handheld ordering devices.

Since your personal cash and assets are still on the hook with an unsecured loan — particularly if the lender requires a personal guarantee — it’s usually best to get a secured loan in order to qualify for a higher lending limit and lower interest on your payments.

Understanding business loan interest rates is an essential step for any borrower. Knowing about interest rates helps you better understand the cost of borrowing, is critical for comparing loan offers, and helps you secure the funding you need for any financial situation.

Located in Portland, Oregon’s Sellwood neighborhood, the Pied Piper cafe opened in 2015. The business boasted a contained play area, served fresh food, and even had a patio and on-site parking. It was also the type of desired community gathering spot dreamed about by other frazzled parents juggling work and kids in the upscale district. Owner Melissa Swan recently closed her doors. Read more about her journey here.

Credit scores are a frequent roadblock for businesses when it comes to looking for financing in general, and equipment financing is no exception. Whether you’re concerned that you won’t qualify, or you just want to avoid hard pulls on your credit, you may be wondering if you can get equipment financing with no credit check.

Most businesses rely on equipment to operate, from kitchen appliances and office tech to vehicles and heavy machinery. But buying that equipment outright can be expensive, and in some cases, it may not make sense to own something that could become outdated or wear out quickly. In this guide, we’ll break down the differences between […]

Small Business Administration (SBA) loans are popular with business owners due to their competitive rates and favorable terms. However, these low-interest loans are only available to businesses that meet stringent requirements. Unfortunately, this means that some small businesses will have their SBA loans denied and will need to seek alternative options or apply again in the future.

Worker co-ops come with various advantages for members…but you might also encounter some disadvantages. Learn what it takes to form a cooperative, and find out if it’s the right type of structure for your business.

When it comes to loans, every business has unique needs. What works for one business might not work for your own. Before even seeking out a lender, determine if your business can afford a loan and if the loan will truly help your business grow. Then, carefully weigh out the pros and cons of business loans versus personal loans to find the best match for your specific circumstances