Are Small-Business Loans Installment or Revolving?
A small-business loan provides funds to purchase supplies, expand your business and more. This type of funding can be either installment or revolving. Reviewing the credit terms of your loan…
Lisa Anthony covers small-business software for NerdWallet’s SMB team. She has a BA in Business Administration and over 20 years of diverse experience in banking and finance. Prior to becoming a writer, Lisa held positions in customer care at Intuit, was a loan officer at Bank of America, and a marketing consultant at Wells Fargo Home Mortgage. Email: [email protected]
A small-business loan provides funds to purchase supplies, expand your business and more. This type of funding can be either installment or revolving. Reviewing the credit terms of your loan…
Our Take The bottom line: Accion loans are a good option for borrowers who’ve been in business for three months or more and have been turned down by other lenders.…
Not everyone wants to take on the challenge of building a business from the ground up. An attractive alternative can be to step into a business that’s already up and…
When deciding between a business bank loan and an SBA loan, the right fit will depend on the number of years your business has been in operation, your annual revenue,…
A business plan can improve your chances of being approved for a loan by helping to persuade lenders that your business is worth investing in and that you have the…
During the ongoing labor shortage, businesses are offering hiring incentives, increased compensation and flexible schedules to attract workers. They may also want to consider whether they’re taking full advantage of…
Free HR software doesn’t offer the range of functions that are included in paid products. If you want a platform that combines recruiting, onboarding, time tracking, payroll, benefits, training and…
Few people want to work for free. However, some small-business owners and freelancers are doing just that, according to the Independent Economy Council. In an October 2021 survey of self-employed…
A payment processor enables a business to accept credit card, debit card and ACH payments from their customers. Payment processing companies offer a system that manages these transactions from the…
Credit card processing fees eat into the profits of every small business. And the increased popularity of rewards cards can push this business expense even higher. Adding a surcharge fee…