New or Used Truck Financing: How The Approval Process Works
What’s the Difference between a Business Line of Credit and a Merchant Cash Advance?
A business line of credit will give you access to short-term funding similar to a credit card. For example, a merchant cash advance is structured as…
What’s the Difference Between Business Line of Credit and Factoring Line of Credit?
Although they sound the same, a business line of credit and a factoring line of credit have differences that you need to understand before borrowing…
What’s the Difference Between a Merchant Cash Advance and a Factoring Line of Credit?
Merchant cash advances give your business the ability to trade tomorrow’s earnings for cash you can use today. These are the accounts receivable you…
What’s the Difference Between Dollar Buy Out Lease and Equipment Financing Agreement?
There is a big difference between purchasing and leasing. An equipment loan is borrowed money your business uses to purchase the equipment you need…
What’s the Difference Between Business Lines of Credits and Term Loans?
Business lines of credit are good for a business to smooth out or increase cash flow. They are also good for a business that needs a reserve fund for…
What Is A FICO Score And Why Does It Rule Our Lives?
A small three-digit number developed by Bill Fair and Earl Isaac in 1956, the Fair Isaac Company (FICO), is based on the information in your credit…
Pros and Cons of a Business Line of Credit
Using a business line of credit enables one to build a positive business credit history as they use the line and make the payments on time…
What Are Non-Bank Business Loans?
When it comes to getting a loan for your small business, it’s imperative that you…what are non-bank business loans anyway, you might be wondering…
How Important is Personal Guarantee to you?
Misconceptions about the difference between business cash advance, business loans, and personal guarantee. Business cash advance financing versus small…