Blog posts tagged with "Business Finances"

Pros and Cons of a Revolving Line of Credit

March 19, 2018
A revolving line of credit is a great way to finance your business. The funds are ideally used to afford fluctuations in operational expenses. Due to the short-term and flexible nature of this type of financing, it can be a great tool for your overall financial strategy. Still, it isn’t right for everyone, which is why we’ll explore the pros and cons of this product.

5 Benefits of An Inventory Loan

March 19, 2018
Having adequate inventory to meet customer demand is a top concern for small businesses. Unfortunately, inventory can be one of the most challenging things for small business owners to manage due to fluctuations in sales. Still, there are many financing options available to small business owners, and in this case an inventory loan is often the best option.

One Month to Go: Preparing Your Business for Tax Season

March 17, 2018
Tax season is here. For many businesses, tax season is one of the most stressful times of the year. This is especially true for small businesses that can’t afford to hire accountants. While a large company will have an entire team of experts preparing their taxes, small business owners often must shoulder the burden alone.

SBA 7(a) Loans vs. SBA Export Loans

March 16, 2018
The Small Business Administration provides resources to small businesses across the country. Among business loan options that they offer are SBA 7(a) Loans and SBA Export Loans. Below, we’ll compare the two options, and explain how to apply and utilize both products.

What to Consider Before Using a Business Credit Card for Personal Expenses

March 15, 2018
Given the potential for earning valuable rewards on business credit card purchases, it may seem logical to use a business credit card for personal purchases. In reality, covering personal expenses with a business credit card can seriously impact your business’s financial well-being.

Pros and Cons of Short-Term Business Loans

March 14, 2018
One of the most important components of running a business is finding ways to effectively allocate capital. With a sound financial plan, your business can minimize operational costs and maximize potential growth. If your business is unable to get the capital it needs from a bank, you may want to consider applying for a short-term business loan through an alternative lender, or the Small Business Administration.

Everything You Need to Know About SBA CAPLines

March 13, 2018
The Small Business Administration, (SBA), has several loan programs available for small business owners. In this article, we’ll review the four SBA CAPLine programs, including what a SBA CAPLine is, what the requirements for each program are, how you could spend the proceeds, and how to apply. By the end of this article you should have a good indication of which CAPLine is right for you.

Why You Should Use a Business Loan to Pay Your Taxes

March 12, 2018
Dodging taxes can be an expensive mistake. Instead, you may benefit from pursuing additional financial. In fact, the IRS recommends that tax payers consider taking out a loan to cover their tax bill since the cost is “usually lower than the combination of interest and penalties set by the Internal Revenue Code.”

8 Tax Deductions Your Business Should Be Aware Of

March 09, 2018
Tax season is one of the most stressful times of the year for small business owners. Fortunately, there are many opportunities for you to lower the amount of money you owe to the government.

5 Questions to Ask Before Accepting a Merchant Cash Advance Offer

March 08, 2018
You should always ask questions before any financial transaction, and a merchant cash advance is no exception. However, the questions you must ask before accepting an offer are unique to this specific product.