What Is a UCC Filing? A UCC filing is a creditor’s public notice of its security interest in the business assets a borrower pledges as collateral. The name comes from the Uniform Commercial Code (UCC), which governs commercial transactions across all 50 states. Article 9 covers secured transactions in personal property. The same code also governs negotiable instruments and other
A fast-funding small business loan is financing that can be approved and deposited in 1 to 3 business days, usually through an online lender or an alternative financing provider. Speed depends on how quickly your bank statements are verified and how clean your documentation looks. Most delays come from missing paperwork or identity mismatches, not from lenders moving slowly.
A working capital loan is business financing used to cover day-to-day operating expenses—such as payroll, rent, inventory, and vendor bills—rather than long-term assets like real estate. You receive a lump sum and repay it over a fixed term, usually with daily, weekly, or monthly payments. This is different from a business line of credit, which provides a revolving spending limit
Each wholesale club’s card excels for a different type of business. Costco’s program is best suited for companies with heavy travel and dining budgets, Sam’s Club is ideal for fuel-intensive operations, and BJ’s is the most rewarding for frequent in-store buyers with smaller-ticket purchases.
Choosing the right card isn’t just about which wholesale club is closest to your business—it’s about
Running a small business means keeping expenses in check while still stocking up on the necessary supplies to operate smoothly. For many owners, wholesale clubs like BJ’s Wholesale Club offer significant savings by allowing bulk purchases at discounted prices. To make those savings go further, BJ’s also provides its own line of business credit cards, which reward you for BJ’s
Most lenders require a personal guarantee for loans that don’t have collateral. But signing one means that the lender can come after your personal assets if the business defaults on the loan.
You might be wondering if there are business loan options that don’t have a personal guarantee requirement so you can protect your valuable assets. While your options are
As a small business owner, you have many equipment financing options. While it’s good to have options, finding the best lender for your specific needs can be daunting.
The information in this guide can act as a starting point for researching the best lender options. You can also apply to a business lending marketplace, which will match you with the
Payroll factoring is a viable way for a business owner to avoid paying their employees late. It helps keep your business legally compliant while maintaining high employee satisfaction.
However, you should be prepared for the extra costs. It’s not a permanent solution in most cases and should be used to help overcome temporary working capital issues.
Most small businesses require financing at some point, whether to sustain operations during a downturn or to fuel growth during a boom. It’s such a common practice that the Consumer Financial Protection Bureau (CFPB) estimates the value of the small business lending market at $1.4 trillion.
As a small business owner, you might consider loan interest rates and fees as
Small businesses often need financing help, but approval rates for a traditional small business loan have remained low since the recession of 2007/2008. Getting approved usually requires excellent credit, several years in business, and high annual revenue.
However, there are various alternative business financing options to help business owners who can’t qualify for a traditional loan. Merchant cash advances (sometimes
