All Financing Articles

There are some types of loans that don’t require personal guarantees, but most lenders require personal guarantees from small business owners. The personal guarantee pledges personal assets to the lender, which it can pursue if the business defaults. It’s required from anyone that signs the loan, and business owners may be able to negotiate it….

Earnings before interest, taxes, depreciation, and amortization (EBITDA) is a measure of a company’s revenue before accounting for deductions related to interest expense, taxes, depreciation, and amortization. It is a method of determining the health and value of a business that discounts how the business is financed as well as accounting and tax strategies. What…

Asset-based lending is a form of business financing that uses a business asset as collateral for a loan. If you default on the loan, the lender can take possession of the asset. Typical types of asset-based loans include accounts receivable financing, inventory financing, equipment financing, or real estate financing. Invoice financing is a common form…

How to Read Your APR Calculator Results Interest rate: This is the primary input for the APR calculator and represents the annualized cost of borrowing money without fees. The calculator assumes that the interest rate is fixed throughout the life of the loan. Repayment term: This input is the number of years that the loan…