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SBA Loans vs. Conventional Bank Loans: How to Choose

Conventional bank loans typically offer the lowest interest rates, while business owners may find it easier to qualify for SBA loans.

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Lisa Anthony

How Long Does It Take to Get an SBA Loan?

Preparing your financial documents and business plan ahead of time can help the SBA loan process move more quickly.

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Hillary Crawford, Olivia Chen

How to Write a Successful Business Plan for a Loan

A business plan can help you obtain financing by highlighting the characteristics lenders use to assess borrowers.

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Lisa Anthony

Commercial Loan: What It Is, Types and How to Get One

A commercial loan provides the capital you need to run and grow your business.

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2
Randa Kriss, Karrin Sehmbi

Purchase Order Financing: What It Is and How to Get It

PO financing can be a good option for businesses with a cash flow shortage that still want to be able to complete an influx of orders.

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Randa Kriss, Olivia Chen

What Is Extra Expense Coverage for Business Insurance?

Extra expense coverage helps pay for the increased costs of running your business while you fix property damage.

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Rosalie Murphy

Contractor Insurance: Best Companies, Cost and Coverage

Contractor insurance can protect your business in case of lawsuits and other claims. It’s usually a package of policies.

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Rosalie Murphy, Lacie Glover

Workers’ Compensation Insurance Requirements by State

A state-by-state summary of which businesses need workers’ compensation insurance for which employees.

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Rosalie Murphy

BPP Insurance: What It Is, How to Get It

Business personal property insurance covers items your business owns. It's part of a property insurance policy or BOP.

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Rosalie Murphy

What Is a Business Loan Broker and Do You Need One?

Business loan brokers can save you time, offer industry knowledge and hopefully help you get the best loan offer. But they aren’t necessary for every business.

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Randa Kriss

What Is an Additional Insured Endorsement?

An additional insured endorsement expands your coverage to someone else who might be held liable for your work.

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Rosalie Murphy

CoverWallet Online Insurance Brokerage Review 2022

CoverWallet lets businesses compare commercial insurance quotes from several providers, then buy policies.

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Rosalie Murphy

How Much Is Malpractice Insurance?

The cost of malpractice insurance depends on your specialty, state, coverage type and insurer claim limits.

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Tina Orem

SBA 7(a) vs. 504 Loan: Which Is Right for Your Business?

SBA 7(a) and 504 loans can be used for real estate projects, while 7(a) loan funds can also be used for other purposes.

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Priyanka Prakash, Rosalie Murphy

Fundbox vs. American Express® Business Line of Credit: Which Is Better for Your Business?

Fundbox is good for startups and business owners with bad credit, while the American Express® Business Line of Credit is better for more payment flexibility.

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Randa Kriss

How Much Is a Small-Business Loan?

The average small-business loan amount can vary based on the lender, loan type and your business's qualifications.

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Randa Kriss

Commercial Bridge Loans: How They Work and Best Options

These loans can help you bridge gaps between financing solutions but may have high interest rates.

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Randa Kriss

SBA Guarantee Fee: An Overview and Cost Breakdown

SBA guarantee fees help cover the SBA's costs when a borrower defaults on a loan. Fees vary based on loan amount and repayment term.

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2
Priyanka Prakash, Randa Kriss

Invoice Factoring vs. Invoice Financing: What’s the Difference?

Invoice financing allows you to borrow against your outstanding invoices. With factoring, you're selling your invoices to a factoring company at a discount.

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Randa Kriss

A Guide to Business Loans for Nonprofit Organizations

Because traditional business loans can be hard to get, nonprofit organizations should explore all funding options available to them.

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Randa Kriss, Lisa Anthony