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….
All Financing Articles - Page 10
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…
Fast Business Loans: 6 Best Quick Business Lenders 2020
Fast business loans are short-term financing options with high-interest rates that make funds available in one to three business days. They’re best for businesses needing short-term working capital for payroll, inventory, and expenses. We compared the top providers according to their terms, costs, and qualifications and chose the top six fast business loans. Top 6…
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….
Business Loans vs Personal Loans: A Comparison Guide
Business owners who need financing may wonder whether they are better off getting a personal loan or a business loan. The truth is, there isn’t a simple answer to the business loan vs personal loan conundrum. Both can be used to fund small business needs, though there are reasons why you may want to choose…
6 Best Small Business Loans for Veterans 2020
You’ve served our country, and now you need a loan for your small business. We’ve identified the six best small business loans for veterans. Whether you need seed money for a startup or a short-term loan for working capital, these loans are set up with features and benefits specifically for veteran-owned businesses. Top 6 Small…