Benefits of Flexible Payment Tech for a Property Business
The concept of credit is still appealing, but younger consumers are put off by the hoops they have to jump through with banks
Read More »Best Small Business Startup Loans for Minorities
Minority small business owners can get funding from Accion. The Accion Opportunity Fund is a financial support system that provides business owners with access to capital, networks, and coaching.
Read More »Creditors and Predators: 6 Questions to Ask Before Signing
After the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Consumer Financial Protection Bureau was born. The goal of the CFPB is to help oversee federal laws that protect consumers financially. They have resources that can help borrowers learn to decipher loan terms and risks, and also help them report and resolve any complaints they may have against lenders.
Read More »Sources of Funding for Business: Alternative Options Beyond Banks
Debt financing is when a company raises money by selling debt instruments to investors. It is the opposite of equity financing, which entails issuing stock to raise money. Debt financing is when a firm sells fixed-income products, such as bonds, bills, or notes.
Read More »Business Operations that Promote Fundability
Day-to-day business operations likely affect more than you realize. Beyond revenue and reputation, the way you run your business can actually affect your ability to get business funding.
Read More »Can I Use My Business Credit Card for Personal Use?
Small business owners should resist any temptation to take out a cash advance on a business credit card and use it for personal expenses. The downsides are multiple.
Read More »Torpago Business Credit Card: Requirements & Application
Torpago is a newer money management system similar to Brex and Divvy. The system integrates with accounting software to track spending, and they also offer corporate cards. They report payments on these cards, helping to build business credit.
Read More »3 Big Differences Between Personal and Business Credit Scores
There are many differences between personal credit scores and business credit scores. When it comes to personal credit cards vs business, using personal credit card for business can hurt you.
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