As a general rule of thumb, business loans are the best option if your company needs funding. This is because merchant cash advances (MCAs) are an expensive form of credit that we typically recommend only as a last resort. However, both MCAs and business loans can be beneficial if used properly. Funds from each of…
Versus
FreshBooks vs Wave: Features & Comparison in 2024
FreshBooks and Wave have many similar features, such as the ability to send unlimited invoices and track unpaid bills. However, FreshBooks is a bit more robust, as it has features not found in Wave, including project accounting and time tracking. Wave, on the other hand, has fewer features but is more affordable, with a free…
Chase vs Capital One Business Checking: Which Is Best in 2024?
Chase and Capital One offer comprehensive banking services at a modest price. Chase is best for users who prioritize convenient branch access given its strong physical presence in 48 states, whereas Capital One is best for cost-conscious customers looking to save slightly on banking fees. : Best overall with full-service banking and wide geographic availability…
Baselane vs Stessa Business Checking 2024
If you’re a real estate investor needing an all-in-one financial technology (fintech) solution that covers business banking, rent collection, and bookkeeping, Baselane and Stessa are your best options. Both offer robust property management software with interest-earning business checking options. Baselane prevails over Stessa because its products are free. It also offers more features, such as…
Brex vs Mercury Business Checking 2024: Which Is Best?
Brex and Mercury are great digital solutions for tech startups. Both offer digital banking services that integrate with popular tech tools like QuickBooks and Xero. They also provide access to a number of useful banking products, such as corporate cards, venture debt, and high-yield treasury accounts. However, when comparing Brex vs Mercury business checking, Brex…
ACH vs EFT Payments for Small Business Explained
Automated Clearing House (ACH) and electronic fund transfers (or EFTs) are both catch-all phrases for certain transaction types. The main difference between ACH and EFT payments is that EFT is a larger term that refers to any type of digital transaction funded by a bank account, including ACH. Meanwhile, an ACH payment is any bank-funded…
Zoho Books vs Xero: Which Software Is Best in 2024?
Zoho Books and Xero are equally popular accounting software. In our Zoho Books vs Xero comparison, Zoho Books wins because of its advanced inventory management features and flexible pricing tiers. We recommend Xero for companies with large accounting teams: : Small businesses looking for a full-featured accounting program with the best-in-class mobile app : Small…
Bluevine vs Relay Business Checking: Which Is Better For You?
Bluevine and Relay are both excellent digital-only providers. Bluevine’s high annual percentage yield (APY) of 1.5% under its Standard Checking and unlimited credit card cashback rewards make it a great fit for businesses that want to earn competitive interest. Where Relay holds an edge over Bluevine is its ability to streamline cash management processes by…