Tag: online loans
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Immediate Business Financing

I won’t list off all the reasons you may be in need of immediate business financing. There are plenty. There are also plenty of risks to avoid when searching for immediate financing. Typically, your cost of financing will increase for faster approvals. You see this with…

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Financing Your Small Business During COVID-19

Right now many business owners are looking for extra money for their business. Whether it be long or short term, there are many financing options that provide different benefits depending on the size and nature of your operations. Here is how to finance your business right…

Will You Receive the Next Round of Stimulus Funding?

Congress is on the brink of approving the next round of small business stimulus funding in the form of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan program (EIDL). The first round worth $349 billion ran out in less than two weeks. This round…

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What is the Paycheck Protection Program?

The Paycheck Protection Program is a Small Business Administration program aimed at encouraging small business owners to keep employees on payroll. If a small business keeps all employees on payroll for eight weeks, the SBA will forgive up to 100% of the loan if the loan…

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Online Lending During a Recession

There is a lot of discussion about online lenders and the inevitable upcoming recession. While many online lenders are willing to take risks in lending to businesses currently, these risks will be far and few between as a recession sets in. The 2008 recession saw bank…

Predatory Lending During a Global Crisis

If your inbox is anything like ours, you are probably receiving updates from any business partner you have ever worked with. These updates are saying things like “we are still open during this crisis” or “we hope you stay healthy” or “please reach out if there…

Business Funding: Is the Cure Worse Than the Disease?

COVID-19 has thrown all small business owners into a panic. 75% of small business owners have 28 days or less of cash reserve. An indefinite shutdown of business is terrifying when that’s the case. I am a small business owner. I know the fear of losing…

What are some things to look out for with small business funding?

Business financing comes with a lot of options and lots of benefits and costs to your small business growth. When comparing financing options there are a few critical areas to examine. Overlooking this step in researching your future financing partner may lead to unfavorable financing that damages…

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Pros and Cons of Working Capital Loans for Small Businesses

Working capital loans in Kennesaw, GA, allow your company to have the cash flow it needs for staff, inventory, growth, and other business expenses. This short-term loan is usually very beneficial, but as with any loan, it’s important to know the benefits as well as some…

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What Happens if You Miss an MCA Repayment?

Missing a repayment on an MCA may seem like the end of the world. Many cash advance companies structure their repayments to be daily or weekly. This will drain a small business’ cash flow and make it harder to make the repayments over time. What does…