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…
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FreshBooks vs Wave: Features & Comparison
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…
Baselane vs Stessa Business Checking
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: 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…
What Is a Realized vs Recognized Gain?
While realized gains and recognized gains may sound similar, they have distinct meanings. The main difference between realized and recognized gain significantly impacts your tax bill: Realized gain is the tangible financial benefit you receive when selling an asset for more than its adjusted basis. It reflects your overall profit regardless of accounting or tax…
Buying vs Leasing Commercial Real Estate
If you’re looking to acquire commercial real estate (CRE), buying and leasing are two options you can consider: Buying real estate typically requires more cash upfront but it allows you to build equity, has more flexibility in making modifications to the property, and has fewer long-term variable costs. Leasing real estate requires less upfront money,…
What Is a Realized Gain vs Unrealized Gain?
Realized and unrealized gains are both important concepts in investing, but they have distinct meanings and implications for accounting and taxes. The key difference between realized gain vs unrealized gain is whether you have sold the asset that has increased in value: Realized gain is the sales price of an asset in excess of the…