Owner financing is an arrangement in which the seller agrees to accept installment payments directly from the buyer rather than having the buyer obtain a loan from a bank. Owner financing—sometimes referred to as seller financing—often provides buyers with easier qualification and more flexible repayment terms than a traditional mortgage while providing sellers with monthly…
All Financing Articles - Page 10
Invoice Factoring Calculator: Factor Rate vs APR
How to Read Your Invoice Factoring Calculator Results Invoice amount: This is the amount of the invoices that you are including in your factoring agreement—the primary number by which all of the outputs are calculated. Annual percentage rate: The average APR for invoice factoring ranges from 28% to 60%, and includes all fees and other…
5 Best Business Loans for Bad Credit 2020
Half of all business owners don’t qualify for traditional business loans because they have bad credit scores, according to the Federal Reserve. Online lenders offer small business loans to borrowers with credit scores of 600 and lower, but these bad credit business loans carry high overall costs. Top 5 Bad Credit Business Loans How We…
Business Loans With No Credit Check: The Ultimate Guide
Small business loans with no credit check are very rare for most lenders, and typically at least a soft credit check will be required. Unlike a hard credit check, the soft check doesn’t impact your score and reveals less information to the lender, which is good for business owners with poor credit who need financing….
Same Day Business Loans: 5 Quick Loan Options
Businesses often have unexpected expenses or time-sensitive opportunities that require immediate funding. Getting funded by a bank can take weeks, but some online lenders can provide same-day business loans. We evaluated more than a dozen same day business loan providers and identified the five best for next-day funding. Top 5 Same Day Business Loans 2020…
Amazon Corporate Credit Line & Top Alternatives
The Amazon Corporate Credit Line is a financing option for businesses and government institutions that make purchases on Amazon.com. This loan is best for firms that have been in business for at least two years or for owners willing to offer a personal promise to repay what they borrow. Amazon offers two different versions of…
When Is Using Credit Cards to Fund Your Business Right?
Using credit cards to fund your business is typically the right thing to do if you need financing of less than $50,000, or you can’t qualify for a bank loan. Credit cards have the added benefit of earning you rewards on business-related purchases and typically carry an annual percentage rate (APR) of 13.74% to 25%….
Top 6 Venture Capital Firms 2020
Venture capital is the investment in startups and early-stage businesses by private investors or firms, and is a form of private equity investing. In exchange for funding, venture capitalists receive equity in the startup. It is most common in high-tech, high-growth industries, including internet and software services, biotechnology, and industrial manufacturing. 6 Best Venture Capital…
Dun & Bradstreet Report: Definition, Cost & Features
The Dun and Bradstreet report is one of the most popular credit reports for businesses. Dun and Bradstreet (D&B) is a credit reporting agency that collects public and private information to produce a comprehensive credit profile. D&B also provides business credit scores called PAYDEX® scores that range from 1 to 100. The D&B business credit…
What Accounts Receivable Financing Is & Who It’s Right For
Accounts receivable financing is a tool businesses can use to overcome short-term cash flow gaps by borrowing against their unpaid invoices. Unlike invoice factoring, businesses don’t assign or sell their invoices to A/R financing lenders. Invoice financing costs as little as 0.25% of the invoice value per week that the invoice is outstanding. FundThrough, our…
Fundbox vs Kabbage: Cost, Qualifications & Which Is Best in 2020
When comparing Kabbage versus Fundbox, we considered the line of credit terms, costs, and requirements. Both offer a line of credit to businesses, but Kabbage is better overall for large funding amounts up to $250,000 and monthly payments. Fundbox offers less funding, up to $100,000, weekly payments, and a lower 10% starting APR. Fundbox vs…
Using a Personal Credit Card for Business
You may use a personal credit card for business expenses because you can’t qualify for a business credit card or because the rewards on personal credit cards better match your company’s spending. No matter your reason for choosing a personal credit card for business, you should avoid pitfalls like mixing your personal and business expenses….