Mary Williams, 52, says she is the first in her family to go to college. After an earlier stint at…
Read More »A business acquisition loan is designed specifically to finance the purchase of an existing business or franchise. These small-business loans are available from banks, credit unions and online lenders. The best business acquisition loan will be the most affordable option you can qualify for to meet your needs. How much do you need? See Your Loan Options with Fundera by NerdWallet We’ll start with a brief questionnaire to better understand the unique needs of your…
Read More »Rising costs tighten margins for business owners. And to make up for that increased pressure, businesses usually have to raise prices — which, when it’s done month after month, can start to wear on customers. Customers are facing “price increase fatigue,” says Kirk Jackisch, president of consulting firm Iris Pricing Solutions. “They’re done. They can’t take it anymore — just across-the-board price increases. So you have to look at more surgical solutions.” Targeting price increases…
Read More »SBA Bolt loans are small-business loans that offer up to $150,000 in working capital to qualified businesses. The Bolt loan program is not a program created by the U.S. Small Business Administration. Instead, BayFirst Financial — a bank based in Tampa, Florida — uses the “Bolt” designation to market its expedited small-dollar SBA 7(a) loans. Although the bank is located in Florida, SBA Bolt loans are available to small businesses throughout the country. How much…
Read More »Business payday loans are short-term funding options available to businesses who need money quickly. Also known as a merchant cash advance or business cash advance, a payday loan for businesses is one of the most expensive forms of financing and is not federally regulated. Generally, you’ll want to consider all other types of small-business loan options — and weigh the pros and cons of this alternative lending product — before you commit to a business…
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