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Business Cash Advance vs Small Business Loan

What are the main differences between business cash advance and a small business loan? Let’s start off with what is a Business Cash Advance.  Business Cash Advance is also known as “merchant cash advance” or “merchant funding”, it is a tool used by businesses who currently is accepting credit card payments.  Your business will need to have historical credit card processing for this type of loan program. Typically small business loans are 50% less expensive than a business cash advance Read More


Should You Get a Business Loan From Your Bank?

business cash advance

Are you wondering if you should get a business loan from your bank? A lot of people are, so you’re not alone. Read on to find out if the bank loan is the best option for you, or if you should choose a different path. Talk to Our Financial Advisers When looking for working capital for your business, you should think about the following questions. 1.  How fast do you need the funds? Typically with a business loan from a Read More


Do You Know Your Credit Score

It’s been told many times, take good care of your credit, I’m sure you have either heard this from your parents, friends, colleagues or the media.  As you already probably know, we are a credit driven society and your credit is your future wealth. What do I mean by this? Without credit, it may be more difficult or impossible for you to achieve assets or the ability to grow your net worth. Now I’m not saying if you have no Read More


Expanding Your Business Without Having the Funds

We will be posting some deals we have come across from business owners and allow the readers to decide if they think the business owner should take the deal. Todays deal comes from a business owner who currently owns a deli, and is possibly looking to expand their family business.  They have an opportunity to possibly lease the space next to their deli. Their current business seats 40 customers, and by increasing the size of their deli they should be Read More


Keep Your Business Operating Costs Low

How low can you go? Learn how you can cut monthly expenses for your business. There’s nothing wrong with wanting to save money, over time you would be surprised how much you can save by being a little frugal.  Especially with a small business, every dollar counts even if that means buying generic brand coffee for the employees.  Here are just a few pointers on keeping that overhead low. 1.  Banking fees: Are you paying monthly fees to your bank? Read More


Shopping For A Small Business Loan? Who’s The Right Fit For You?

shopping cart with loan papers in it

Are you in the market for a Small Business Loan? Some business owners may not be aware of all the financial products that are available to them, and some might not know the differences between some of them.  In this post, we will go over briefly the different types of financing, and the differences between them so you will be able to determine which one is best for your company. Personal Credit Cards Let’s start with the most common way Read More


Is the Lack of Technology in Your Company Costing You Money?

business cash advance

Adding technology to your business might increase your revenue!  I know there are still many business owners out there that shy away from technology.  It could be for many reasons: *  It costs too much *  Fear of learning something new *  Don’t have the time to learn *  Might ruin the work flow and in return lose money There is one reason why you should look past all those excuses, it’s costing your company money.  Yes, thats right the Read More


How to get a Business Cash Advance Loan for your Gas Station

business cash advance

Getting financing for Gas Stations can be difficult, but getting a Business Cash Advance loan can be easy Typically you will find getting traditional financing for gas stations to be a challenge.  If you have less than perfect credit, or not enough equity you can pretty much forget about finding traditional financing for a gas station.  We all know how the banks have tightened the lending guidelines in the residential lending side of things, but that also applies to the Read More


What’s the Difference Between SBA Loans and Unsecured Business Loans?

unsecured business loans

SBA Loans vs. Unsecured Business Loans SBA loans and Unsecured Business Loans both have their pros and cons. But do you know which one is right for your business? With an SBA loan you can acquire real estate for your business. For example, if you’re already paying rent for your office space, you might as well build equity in an asset by purchasing the office for your business. We are at historically low interest rates, so this is a great Read More


How to Market Your Small Business Without Breaking the Bank

working capital loan, market your small business

Market your small business with an affordable budget Every company needs to market their business. Depending on your budget, there are multiple ways to market a small business effectively.  If your small business needs working capital so you can market, you have several options to pick from, such as: company credit card personal credit card applying for a loan from your bank applying for a working capital loan from a company like First Capital Business Finance Be sure to weigh Read More