Personal credit cards are great for startup companies that might not qualify for a business credit card. They’re also a good option for established business owners who want to separate their business and personal expenses while earning flexible rewards. The best personal credit cards for small business owners include offers from Chase, American Express and…
About the Author
Evan Tarver
Evan Tarver is a staff writer at Fit Small Business, specializing in Small Business Finance. He is also a fiction author and screenwriter. His past experience includes investment banking, managerial finance, and technology. When he isn't busy scheming his next business idea, you'll find Evan holed up in a coffee shop in his hometown of San Francisco working on the next great American fiction story.
Mixed Use Loans: The Ultimate Guide on Financing a Mixed Use Building
Mixed use loans help business owners and real estate investors finance mixed use buildings. Mixed use buildings that qualify for financing typically have multiple units zoned for different uses, such as residential, commercial, industrial, cultural or institutional. Mixed use loans can be both short-term and permanent with terms that range from 6 months to 30…
How to Maximize Small Business Credit Card Rewards: Points vs Cash Back
A key benefit of most small business credit cards is that they offer points and/or cash back rewards. While cash back rewards are typically the best, certain companies can benefit more from points. To maximize your rewards, this article discusses points vs cash back, including how to compare them, who they’re best for, and how…
Business Loans With No Credit Check: The Ultimate Guide
Business loans with no credit check are short-term financing options that don’t require personal or business credit scores for approval. These loans are typically used by business owners with less than perfect credit, who want to avoid personal credit inquiries and/or separate their business and personal expenses, or who need quick working capital. Fundbox, who…
Blockchain Technology & What it Means for Small Businesses
The blockchain is a new and innovative way that people and companies can create, verify, and enforce transactions without a middleman or central authority. It’s essentially a decentralized ledger that records transactions chronologically. Transactions recorded on the blockchain can include the exchange of money, property, or anything that requires an enforceable contract or authorized access….
Cryptocurrency & How It’s Impacting Small Businesses
Cryptocurrency is a digital currency or asset that relies on encryption technology to transfer value over the Internet. Cryptocurrencies like Bitcoin operate independently of a banking system and can be used in many countries as a store or exchange of value like cash. The most common use of cryptocurrency is buying and selling goods and…
Real Estate Investment Trust (REIT): The Ultimate Guide
Real estate investment trusts (REIT) are corporations that own or finance income-producing real estate properties. They are modeled after mutual funds and typically own a portfolio of real estate within a specific sector. REITs pay out 90% of their annual profits in dividends to their investors and are taxed at a low rate. In this…
Best Hard Money Lenders 2017: LendingHome vs. Patch of Land vs. Lima One Capital
Hard money lenders offer short-term loans to quickly facilitate the purchase and renovation of residential and commercial properties. With more than 600 hard money lenders in the U.S., it’s hard to find a reputable lender that’s right for you. To help, we looked at a range of hard money lenders and found that LendingHome, Patch…
Fix and Flip Loans: The 4 Best Fix-and-Flip Financing Options
The number one obstacle for short-term real estate investors is fix and flip funding. Investors need capital to purchase and renovate a house before they can flip the house for a profit. Luckily, there are four fix and flip financing options available to flippers. These fix and flip loans will work for both novice and…
Buying a Short Sale: What It Is, Where to Find One, & How to Finance It
A short sale is a real estate sale in which the profits made are less than the existing loan on the property. A short sale typically occurs at or below market value and is successful only when the lien holder agrees to accept less than what’s owed. Short sales commonly occur when a seller is…
Surety Bonds & How They Work
A surety bond is a contract between three parties known as the principal, surety, and obligee. Surety bonds financially guarantee that a principle will fulfill a predetermined set of obligations to an obligee. The “surety” is an insurance company or surety bond broker that provides the financial guarantee to the obligee on behalf of the…
Types of Surety Bonds: Understand the 4 Main Surety Bond Types
Surety bonds are purchased by principals to protect third-parties from a failure to meet contractual obligations. There are 4 main types of surety bonds. Contract surety bonds and commercial surety bonds protect private and public interests and are the most common. Fidelity surety bonds and court surety bonds protect against theft and litigation and are…
