When searching for a great commercial construction loan, you’ll want to keep in mind the size of the project, how quickly you need funding, and the resources you have available to use as collateral or downpayment. For many small businesses, an SBA 504 loan will be the best option for major construction projects. Others may be better served by bank loans or alternative loans.
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Apr 29, 2025
Filed under: Business Loans
ACH loans are unsecured loans that are both disbursed and repaid through the automated clearing house bank-to-bank transfer system. As a form of short-term loan, ACH loan qualifications tend to focus more on the flow of revenue into and out of your business checking account rather than your credit score.
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While commercial mortgages have lower interest rates relative to other types of business loans, they are generally more expensive than comparable residential mortgages. This reflects the higher risk inherent in commercial development.
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Apr 29, 2025
Filed under: Business Loans
Equipment financing is low key one of the more complicated types of business financing. Not only do you want to keep in mind factors that apply to all business loans like interest rates, your ability to qualify, and term lengths, but you need to consider how the equipment you’re purchasing retains (or doesn’t retain) its value and utility over time.
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Mar 14, 2025
Filed under: Equipment Financing
If you’re looking to take credit card payments through your WooCommerce store, WooCommerce Payments offers a ready-made solution. WooCommerce Payments allows businesses to accept payments and monitor sales activity through their store’s dashboard.
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The Mid-Atlantic and Southern regions are fortifying their reputation as the best states for Black entrepreneurs, with the Gulf states of Louisiana and Florida joining their ranks thanks to an increase in Black business creation within their borders. This is the finding from Merchant Maverick’s annual report on the Best States for Black Entrepreneurs.
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Oct 11, 2023
Filed under: Data Reports, Small Business
Despite tightening interest rates, companies founded or co-founded by women netted over $36.3 billion for the year ending in October, down from 2021’s $42.6 billion.
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Oct 11, 2023
Filed under: Data Reports, Small Business
A real-time payment is a transaction made through the Clearing House’s RTP network. Though more limited than ACH, payments made through the RTP Network settle almost immediately.
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Nov 30, 2023
Filed under: ACH and Check Processing
If you are new to using Stripe for your business, you may be wondering what the steps to set up your Stripe account are. Below, we’ll walk you through setting up a Stripe account and what you can use it for.
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The average worker may be wondering what kind of impact this recession could have on job security. If you’re a construction worker, auto technician, sales rep, fabricator, or part of middle management, you may want to have a backup plan if things take a turn for the worse, particularly if you live in one of the states hit hardest by recent inflation. Medical professionals, public employees, and truckers have less to worry about.
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Aug 24, 2022
Filed under: Data Reports