Investment plans can be a great way to secure your future financially. Investment is important as it helps you achieve the financial goals you have set for yourself and for growing your wealth over time. But unfortunately, not all investors are successful with their investments, or …
What is a Mortgage Company? A mortgage company is a specialist financial institution specializing in the origination and finance of residential and commercial mortgages. It offers itself to potential consumers and seeks funds from one of numerous client financial institutions to fund the loan. Types of …
Overview: Kabbage is a small-business lending platform that accepts borrowers with a FICO score of 640 or higher. Kabbage, acquired by American Express in 2020, is known for its streamlined application process. It allows borrowers to connect their business checking accounts and receive a decision in …
What is a LoanBuilder? PayPal’s direct lending service, LoanBuilder, claims to be a fast, easy, and transparent way for businesses to borrow money. Based in Wilmington, DE, LoanBuilder provides loans through Utah-based WebBank. LoanBuilder provides short-term business loans, which are interest-free loans in which customers repay …
What is an SBA Loan? Lenders and SBA agencies collaborate to create Small Business Administration loan programs. When looking for a lender for their small business, borrowers turn to these programs. Lenders like SBA lending programs because they relieve the lender of some risk by guaranteeing …
Financing in the business world can be perplexing at times. Therefore it is understandable to ask yourself: “Why should I get a business loan”? It is challenging to run a company, and it does not help if you cannot make timely payments and purchases to take …
Having high-quality equipment is essential to ensure the smooth operations of all running businesses. All businesses use some type of equipment, regardless of industry. Here we outline why seeking a business equipment loan for your business is a valuable decision to benefit your business. 1) Invest …