Articles Written By Madison Taylor
When it comes to individual and small business financing, microloans are all the rage these days. From funding a start-up to helping with business growth expenses, microloans have many functions that make them an attractive option for borrowers. We are here to discuss everything you need to know about microloans. We will explain what is...
Understanding the difference between a payment gateway vs. payment processor can be challenging. While they both can do the same functions, they are two different platforms for taking payments. Understanding the differences between the two and how they work together is essential, so we have broken them down for you. What Is a Payment Processor?...
You may have heard of CDFI loans, but you may not know what they are or how they can benefit your business. So, what is a CDFI loan? It is offered by Community Development Finance Institutions or CDFIs. They serve about 84% of low-income earning individuals, so the loans act as capital for existing businesses. ...
If you own a business, it is crucial to have good credit. You need good credit to take out loans and work with other businesses. Additionally, you should try to only work with companies and vendors with good credit. As a result, you must know how to run a business credit check. Before you start...
Receivable financing is when a business receives funding based on its invoices. It is a tool used by many companies to help them survive dry periods between payments. Receivable financing is essential because not all clients pay immediately upon the completion of services. Some only pay on a set schedule, and as a result, you...
Launching and operating a business is no easy task. The main reason businesses fail is due to a lack of funding or available capital. Financial strain can also contribute to burnout, driving many entrepreneurs out of the market. However, many business owners are unfamiliar with available financing resources that can save their organizations in moments...
Shifting to solar energy can be a great environmentally-friendly investment for your business. It can lead to benefits such as significant tax credits and opportunities to reduce costs. Since solar energy is eco-friendly, it’ll serve to attract workers and clients. However, even with such benefits, solar energy isn’t suitable for every small business. So, how...
If you’re an LGBT business owner – or aspiring business owner – looking to take your entrepreneurship to the next level, read on. This article will cover the steps for registering as a certified LGBTQIA business. There’s been a strong push in recent years to expand diversity and inclusion in businesses, educational facilities, and government...
Whether you’re opening a bar or need support keeping the lights on during a slow period, many financing options are available for small businesses. Why You Might Need Bar Financing Financing can help you pay for all aspects of running a new bar, including: Types of Bar Loans There are a few different kinds of...
Most entrepreneurs form partnerships when running their businesses mainly to act as leverage in the long-term thriving of the business. A partnership allows them to share profits, liabilities, and management operations. However, in due time, these partnerships may likely run their course due to the need to venture on sole business ownership, financial constraints, or...