Same-week MCA funding is usually a documentation and verification issue, not a credit-score issue. Your deposits and trends matter more than your FICO. Understanding the difference between approval, contract signing, and funding disbursement is critical.
Approval means an underwriter reviewed your statements and offered terms. Contract signing means you agreed to the factor rate, holdback, and total payback. Funding
If you need financing for your business in 2026, understanding current SBA loan interest rates can save you thousands of dollars. In 2026, SBA 7(a) interest rates are generally priced as a base rate (usually Prime) plus a lender spread, with SBA-set maximum caps that depend on loan size and whether the rate is fixed or variable. This guide provides
How a Business Line of Credit Works Picture this scenario. You’re approved for $50,000. Two weeks later, you draw $12,000 to cover payroll. Interest starts accruing on that $12,000 immediately, but your available credit still shows $38,000. When you repay $5,000 next month, your available credit will increase to $43,000 without reapplying. That’s the core mechanic of revolving credit. A
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
What are Online Business Loans? Online business loans are financing products that small businesses can apply for and manage entirely online. They’re offered primarily by online lenders and alternative financing companies, though some traditional banks now offer digital loan programs. What makes them unique is their streamlined application process, faster funding times, and often more flexible eligibility requirements compared to
The main difference between gross revenue and net revenue is that gross revenue accounts for all revenues that come into a business, and net revenue accounts for those same sales, minus any expenses like the cost of goods sold (COGS) that contribute to the production and sale of the product or service.
Small business owners can choose from various working capital loan products to fund their day-to-day business expenses. A working capital loan is often used to cover cash flow shortages during non-peak business times and when the business has some unexpected expenses. Every restaurant owner has experienced these off-season challenges at one time or another.
Most restaurants and eateries don’t have cash available to replace or expand restaurant equipment. Even if you have the cash reserves to purchase the equipment outright, you might want to hold onto that capital for consistent cash flow, other investments, or emergencies.
Many small business owners turn to equipment financing when they need to replace or upgrade business equipment. In
Small business loans are essential for raising the capital to launch or grow your restaurant business. Every successful business owner will likely consider applying for a restaurant loan at one time or another. Before you take one on, you need to understand the pros and cons, how they work, and what to expect when applying. Read on for more details.
Equipment is one of the significant expenses that a contractor may face. Operating a construction/contracting business requires regular equipment upgrades and the addition of more equipment as the business demand requires it. And without the right equipment, your business can falter. If you’re looking at financing for this part of your small business expenses, it’s essential to understand the key
