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Chris Motola

Senior Staff Writer

8+ Years At Merchant Maverick

Expertise: Business Payments, Crytocurrency, Business Funding

Education: MS Interactive Media, University of Central Florida

Chris has been writing about small business topics since 2003. In 2015, he joined Merchant Maverick, where he writes about business financing, payment processing, and demographic trends in entrepreneurship. Chris has been featured in Fox Business, ABC News, Yahoo Finance, GoBankingRates, Newsweek, BizJournals, and other publications. He has a Bachelor’s of Arts in English Writing Arts from SUNY Oswego, and a Masters of Science in Interactive Media from the University of Central Florida. He currently resides in the Hudson Valley region of New York.

Merchant Maverick Archives for Chris Motola | Page 12

equipment financing

What Is Equipment Financing: How To Purchase Hard Assets With Loans & Leases

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.

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Apr 3, 2023 Filed under: Business Loans, Equipment Financing

CIT Direct Capital Equipment Financing Review

CIT Direct Capital is an online funder offering working capital, equipment financing, and franchise financing to small businesses. They prefer to work with entities that have been in business for at least two years. Even though their rates are reasonable, they have stringent borrower qualifications. Be aware of the high number of complaints about the company filed with the BBB.

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Feb 21, 2024 Filed under: Equipment Financing Reviews, Small Business Loan Reviews

Equipment Financing: Lease VS Loan

Chances are, if you’re running a business, you’ll need equipment, whether it takes the form of chairs, registers, or pile drivers. Purchasing these items may require more cash than you have on hand, forcing you to take out a loan. On the other hand, purchasing equipment that becomes obsolete quickly often doesn’t make sense, fiscally. […]

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Jan 9, 2020 Filed under: Business Loans, Equipment Financing

Adyen Review

Adyen is an international merchant account provider known for its big-name users, including Microsoft, Pinterest, eBay, Uber, and Spotify. Impressed yet? It’s hard not to get a little starstruck, but we didn’t want to let that sway our non-biased approach. You’ll find that as a small business owner, you may have some things to be cautious about, and we’ll tell you why in this review.

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Feb 23, 2024 Filed under: Merchant Account Reviews, Online Payment Processing Reviews, Payment Gateway Reviews
equipment financing

What Is Equipment Financing & How Does It Work?

Equipment financing is the use of a loan or lease to purchase or borrow hard assets for your business. This type of financing might be used to purchase or borrow any physical asset, such as a restaurant oven or a company car. How does it work? What types of equipment financing are available? Get the answers to your questions in our equipment financing guide.

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May 18, 2021 Filed under: Equipment Financing

What You Need To Know About Business Loan Rates & Fees

Searching for the perfect loan for your small business can seem like a daunting and confusing task. From merchant cash advances to lines of credit, there are many types of business loans available; all work a little differently, with each charging different costs and fees during the application and borrowing process. The most effective way to get […]

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Aug 9, 2019 Filed under: Business Loans
Fundbox logo

Fundbox Online Small Business Lines Of Credit Review

Fundbox is a business lender that specializes in offering lines of credit to small businesses. Merchants access this line by connecting either their business checking account or accounting software to Fundbox’s platform, and a credit decision is returned in three minutes or less. Fundbox requires a credit score of at least 500 and three months’ time in business.

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Feb 13, 2024 Filed under: Business Line of Credit Reviews, Small Business Loan Reviews