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Kabbage Vs. OnDeck: Which is Best for Your Small Business?

Fundera

Fixed weekly payments are automatically deducted from your business bank account, along with a $20 monthly fee. Since it launched in 2009, Kabbage has financed over $1 billion in small business loans to more than 100,000 small businesses. Once money is drawn from the credit line, it must be repaid within six months. Short-term loans.

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What Is a Disregarded Entity and How Does It Affect Your Taxes?

Fundera

The IRS will allow the owner of a disregarded entity to report the business’s income, losses, credits, and deductions on their personal tax return. If your LLC has one owner only, then by default the IRS will tax your company as a disregarded entity unless you elect to have the business taxed as a corporation.