The SBA offers low-interest Coronavirus Small Business Loans through their disaster loan program. The American economy continues to suffer the devastating effects of the COVID-19 health crisis, with small businesses bearing the brunt of the blow. As lives continue to be disrupted via social distancing and lockdowns nationwide, small businesses such as restaurants and retail are having to temporarily shut...
COVID-19 has dealt a devastating blow to our nation’s small business community. With state mandates and safety measures requiring the suspension and closure of many businesses, officials are hoping to slow the spread of the COVID-19. For most businesses, this has meant a dramatic drop in cash flow, threatening many to potentially close their doors for good. Despite the troubling...
The way consumers pay and receive money is radically changing. Consumers are familiarized with making payments in real-time, using cards and wallets. As a result, their expectations about the way they receive their money is also shifting. Initially, consumers did not have a simple solution for sending payments to each other. However, non-financial institutions stepped in and created solutions for...
When it comes to getting their money, businesses and consumers want it fast and convenient. No one has time to wait, and if they can’t get it when they want, they will go elsewhere. There is no loyalty in payments, and a new report proves it. In the U.S. economy, business-to-consumer disbursements have traditionally been made via mailed checks or...
Achieving growth requires serious investments of time and finances. To grow, you should plan your business throughout its existence. What your business financing growth strategy should be like? How can you get business advance funding without challenges? The answers to these questions are below. Just keep on reading! Growth Strategy for Your Business A growth strategy is more than just...
Interested in how you can determine the best financing program for your business? What are the main factors to concentrate on when applying for business funding, including consumer financing solutions? Just keep on reading this article and you’ll know. Business Funding: Consumer Financing Solutions Both large and small business may need funding for this or that reason. If you’re a...
E-commerce boasts 23% year-over-year growth. According to eMarketer, the leading research firm for marketing in a digital world, online sales are projected to account for more than $4 trillion by 2020. Global online retail sales are estimated to make up 8.8% of total retail spending in 2018; this number was 7.4% in 2016. With this in mind, it’s critical to...
If you’re looking for business financing, you might be interested whether your personal credit affects your business credit. The good news is that bad credit doesn’t mean the end of the world: you can still qualify for a business loan with poor credit. The Importance of Credit Scores If you’ve decided to turn to a traditional bank or financial institution,...
Since their inception, merchant cash advances have been considered the best option for business owners to gain quick funding when needed. They are easy to apply for and don’t demand too much information. Moreover, leading players such as eMerchantBroker offer fast approvals, with cash deposited within only a few days. That said, smart merchants have come to the realization that...
As a new entrepreneur, getting the necessary funding for your young business is likely one of the concerns keeping you up at night. What do you do when your savings are not enough and applying for a loan is not a viable option? Well, you could try wooing an investor. Investors are a good solution to a startup’s funding problems...
