Tag: online loans
time to funding

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…

how to choose a factoring service

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 during…

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…

invoice factoring atlanta ga

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…

recession incoming

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…

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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…

miss mca repayment

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…

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The Difference Between an MCA Loan and Invoice Factoring

For many small business owners merchant cash advances or MCA loans pose a tempting offer of quick business financing. Unfortunately, an MCA comes at a high cost and often damages your cash flow through frequent withdrawals. When cash flow is the lifeblood of your business, it…

strategies for working capital funding

How Invoice Factoring is Quick and Smart for Your Business:

Invoice factoring is a fast method of financing for small business owners. Not all fast business funding options are good options. Often they can be expensive, have poor repayment terms, or provide insufficient funding for your needs. Invoice factoring is unique in that it offers growth…