“Buy now, pay later” plans have become a common option at checkout when shopping in store or online. Some plans,…
Read More »Working capital loans are often used by businesses to cover their short-term capital needs. This may include paying regular operating expenses, such as payroll, utilities and supplies, or meeting unexpected needs that aren’t within the budget. Working capital financing can come in the form of small-business loans or alternative forms of business funding. What is a working capital loan? A working capital loan is a form of financing used to supplement your business’s available cash…
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…
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