The 5 C’s of credit are character, capacity, capital, conditions, and collateral. Together, these serve as a way for lenders to evaluate the creditworthiness of potential borrowers. Banks and lenders generally look at your ability to repay, level of debt, how you plan to use the funds, and the collateral you have to offer. The…
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Hard Money Loan Rates, Points, & Costs
Hard money loan rates can range from 7.5% to 15% with three- to 36-month terms. Points to close on hard money loans typically fall between 2% and 10% of the loan amount. Pricing is primarily based on risk, equity, and borrower experience (if a fix-and-flip). Unlike conventional underwriting, hard money lenders develop their own guidelines….
Is a Corporate Credit Card Right for Your Small Business?
A corporate credit card is best for businesses that have $4 million+ in annual revenue and $250,000+ in annual card expenses. The primary benefit of a corporate credit card is that company owners have no personal liability. Since the balance must be paid in full each month, there is no APR. If your business isn’t…
5 Types of Customer Satisfaction Surveys + Free Templates
A customer satisfaction survey is a questionnaire that businesses send to shoppers after they have made a purchase or received a service from your business. There are five different situations in which businesses would want to measure customer satisfaction. Each serves a different purpose, so it is important to ask the right questions. Free Customer…
What Is an HRIS/HRMS: Definition, Cost, Features & Providers
HRIS stands for human resources information system, which is also sometimes called a human resources management system (HRMS). An HRIS/HRMS centralizes employee-related information, helping businesses keep track of employee data, job data, and many other employment and HR compliance records. Costs for these systems vary widely based on features offered and your employee headcount. Payroll…
What is a Lien on a House or Property
A lien is an unpaid debt attached to a property that complicates the sale of the property until it’s resolved. While mortgage liens are voluntary and expected, other types of liens can keep you from having clean title to your property. Mechanics lien, tax lien, and a judgment lien are involuntary and must be resolved before…
BombBomb: Pricing, Features & How to Make Stellar Videos
BombBomb is a video editing and marketing tool that helps you create and share videos with leads via email, text, and social media. BombBomb plans are priced between $468 and $1,499/year and offer a range of video and email marketing tools. Choose the BombBomb Prompt plan for real estate-specific video tools and comprehensive email marketing…
How to Create an Ad Using Facebook Ads Manager in 6 Steps
Facebook Ads Manager is an advertising platform where businesses build and manage ads that display on Facebook and its advertising network. Advertising on Facebook is a cost-effective way to find and connect with your ideal customers, helping you increase brand awareness and drive sales. How Facebook Ads Manager Works Facebook Ads Manager lets you create…
6 Best Real Estate Direct Mail Services
Real estate direct mail marketing (sending printed postcards or brochures through the mail) helps real estate agents reach potential new clients. Direct mail campaigns also build awareness, reinforce online marketing, and help agents stay top of mind with buyers and sellers. We reviewed 14 services and rated six the highest based on price, delivery, and…
RealtyJuggler: Price, Features & How to Get More Leads
RealtyJuggler is a customer relationship management (CRM) platform for managing real estate leads and other related activities. The software integrates with a variety of third-party apps to create an all-around lead management and nurturing tool. RealtyJuggler costs $179 per year and is good for solo agents or small teams. If you don’t have room in…
PRWeb Pricing, Features & Where to Find It
offers press release distribution services for businesses. The price for a basic press release starts at $99 and goes to $389. Their $99 distribution goes to about 75 news outlets. PRWeb is beneficial for businesses that want to write press releases and then quickly get those releases into the hands of targeted media outlets. While…
Business Wire Pricing, Features & Where to Find It
offers press release and website services. Their prices start at $400 for the distribution of a 400-word press release. Business Wire is focused on serving the financial industry. Using Business Wire’s services can help financial organizations gain press coverage and increase overall brand awareness while keeping sensitive information secure. Business Wire pricing might be slightly…