To successfully crowdfund your small business you will need to select the type of crowdfunding that best suits your needs as well as a platform to host your campaign. When you set up the campaign you will need to tell a compelling story and adequately describe how your product or business can benefit potential backers….
How to Get a Business Loan With Bad Credit in 5 Steps
Business owners with low personal credit scores who face cash shortages wonder how to get a business loan with bad credit and no collateral. By identifying the factors lenders consider in the application, evaluating financing options, and submitting an application, borrowers can maximize their chances of getting a bad credit business loan. offers a line…
How to Get Food Truck Loans in 8 Steps
Food truck loans allow businesses to borrow needed funds for the purchase of a new or used food truck. The loan is secured by the asset being financed. Because the vehicle is a specialty vehicle and has been built to serve, store, and potentially prepare food, the cost of the vehicle will typically be higher…
Small Business Line of Credit: Types, Requirements, Rates & Terms
A business line of credit offers revolving financing similar to a credit card. The types of lines of credit fall into three categories: unsecured, secured, and personal. Unsecured business line of credit requirements are lower than secured options, but offer less funding. Costs typically start at 10% with funding from $5,000 to $5 million. How…
How to Get Semi-truck Financing
Semi-truck financing is a type of loan or lease where the vehicle acts as collateral to secure financing. About 80% of all goods in the United States are transported by semi-truck, and owner-operators drive roughly 350,000 trucks. Semi-truck loans allow those owner-operators and small businesses access to mission-critical lending. can qualify borrowers for up to…
6 Best Companies Offering Equipment Financing for Bad Credit
Equipment financing for bad credit is challenging; however, it allows businesses to access needed equipment that can’t be purchased outright. Borrowers can work with a co-signer, or make a larger down payment on an equipment lease or loan in order to improve their chances of being approved for funding. We recommend because of its straightforward…
6 Best Business Loan Brokers
A business loan broker acts as an intermediary between borrowers and a network of lenders to present several lending options with one application. Small business loan brokers offer borrowers access to multiple lenders with the goal of finding the best type of financing at the lowest rates, typically at no cost to the borrower. Top…
OnDeck vs LendingClub: Business Loans Review
In comparing OnDeck vs LendingClub, both offer solid small business financing options. While both lenders offer similar funding amounts, OnDeck has a higher overall cost and shorter repayment terms. LendingClub can take up to a week to provide funding and, unlike OnDeck, doesn’t offer a business line of credit. When to Apply With OnDeck Business…
6 Best Equipment Leasing Companies
Equipment leasing is a type of financing where business owners make regular payments to equipment leasing companies and in return are granted access to machinery, tools, or equipment that they don’t yet own. We evaluated over 15 leading providers and narrowed it down to the six best equipment leasing companies nationwide. Top 6 Equipment Leasing…
Startup Resources for Veterans
Many veterans develop the skills and leadership ability in the military that they need to start their own business. There are a wealth of resources available to veteran entrepreneurs. We’ve compiled a list of 25 startup resources for veterans ranging from financing providers to training and mentorship opportunities—even programs that result in an educational certificate….
How to Apply for an SBA Loan in 6 Easy Steps
There are six steps for how to apply for an SBA loan, including determining your eligibility, selecting an SBA loan type, finding a provider, assembling paperwork, and completing the SBA loan application and forms. Getting an SBA loan can take up to three months with traditional lenders, or approximately 30 days with a broker. On…
Fora Financial Business Loans & Top Alternatives 2020
Fora Financial offers short-term business loans to high-risk industries up to $500,000 with terms up to 18 months. Factor rates start at 1.1 times the loan or an APR of 14%, and Fora Financial business loans require at least $145,000 in annual revenue and a 500 or higher credit score to qualify. Fora Financial Business…