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.

In addition to any background checks the hard money lender may decide to factor in, the property’s qualities will be considered. Properties in booming real estate markets and “up-and-coming” neighborhoods may push the lender’s LTV tolerance close to 75%, often considered the upper limit for hard money. In contrast, a property in a poor market, or a remote one, will push the maximum LTV closer to zero.

These days, consumers have very specific technological expectations of every business they patronize. Specifically, when it comes to service and hospitality industries, people want to be able to schedule easily (online, if possible) and pay with alternative methods. And that’s where software comes in.

When it comes to POS systems, salons and spas have more specialized needs than the average retail business. Read on to find out what you should really be looking for, plus discover our top picks for salon POS software!

In this article, we’ll discuss eight key signs that you’re ready to leave Etsy and give you tips for starting your own online store when you leave.

Built with advanced inventory features, in-house marketing capabilities, and the ability to integrate with virtually any payment processor, talech takes your standard POS to the next level. There are very few red flags here that would cause you to cross talech of your list automatically. Read more in our comprehensive talech review.

In danger of defaulting on your small business loan? Find out what might happen and what steps you can take to make sure your loan stays current.

Inventory software for restaurants can include ingredient tracking, vendor management, low-stock notifications, and recipe costing. A good restaurant inventory management system saves time and money by preventing food waste. Learn about the best restaurant inventory management software, including Toast, Upserve, TouchBistro, and more.

An APR (Annual Percentage Rate) is the actual total cost of a loan over the course of one year. It isn’t just the interest rate, it’s the interest rate plus any fees that come with the 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.