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What is a Factor Rate and How to Calculate It
Key takeaways Factor rates are a fixed fee multiplied by the entire loan up front, which means that you’ll pay…
What Is A Merchant Cash Advance For Small Businesses?
Key takeaways A merchant cash advance forwards cash against future sales. MCAs have aggressive repayments that disrupt profitability until it’s…
What is business collateral for small business loans?
Key takeaways Collateral can make loans less risky for the lender since the assets can be seized if borrowers don’t…
How to Boost Business Revenue And Growth
Image by GettyImages; Illustration by Bankrate Key takeaways Revenue is a key indicator of your business’s financial health and can…
Survey: One In Four American Adults Have A Side Hustle. Here’s Why That Number Might Change Soon
Manhattan-based nurse Vivian Ezugwu has lived in New York City her whole life, and is well-aware that living in the…
Survey: One In Four American Adults Have A Side Hustle. Here’s Why That Number mMght Change Soon
Manhattan-based nurse Vivian Ezugwu has lived in New York City her whole life, and is well-aware that living in the…
How To Get A Business Loan In 6 Steps
Key takeaways Calculating how much debt your business can afford and how much it needs will direct you to the…
How To Get A Minority-Owned Business Certification
Business owners must be able to show that they are at least 25 percent Asian-Indian, Asian-Pacific, Black, Hispanic or Native…
Tax Saving Strategies For Small Business Owners
Photography by Getty Images; Illustration by Bankrate Key takeaways Choosing the right business structure can significantly impact your tax liability.…
What Is Debt Financing And Is It Right For Your Business?
andresr/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Debt financing is any type of financing that allows a business to…
