Fundera

APRIL 17, 2018

You might have had your first encounter with a prepaid debit card when your parents tried to reel in your spending as a teen. But a prepaid business debit card is nothing like what you used decades ago. These types of prepaid debit cards are much different than the ones of your youth because they’re made specifically for business owners. They’re also one of the very best ways to control spending within a team of employees.

Small Businesses 84

Small Businesses Transactions Dashboards Credit Scoring 84

Fundera

APRIL 20, 2018

If you’re a small business owner in search of financing, odds are that you’re hoping to get approved for a loan sooner rather than later. That makes sense—many business owners seek out a small business loan because of dwindling cash flow, or an obvious need for more working capital. And if you’re looking into a big sum of money, you’ll want to know the SBA loan timeline specifically, plus how it stacks up against other small business loans and alternative financing products.

Credit Scoring 75

Credit Scoring Small Businesses Default 75

Fundera

APRIL 18, 2018

Every small business owner knows that running and growing your business takes a lot of capital. So, when the time comes for a small business loan , and you look to a local brick-and-mortar bank for funding, your first question will be: How much will a bank loan me for a business? Well, we can’t tell you exactly how much a bank will loan you—no one can, other than the bank itself.

Credit Scoring 75

Credit Scoring Credit and Collections Small Businesses Default 75

Fundera

APRIL 18, 2018

Your small business keeps you busy all the time, you’d like to have a personal life, too—which is why the last thing you want to think about is filing your taxes… and so you don’t. Before you know it, you’re a couple of years behind in your tax filings, and now you need to know how to file past due taxes. Yikes! Although backed taxes aren’t a good thing, you definitely aren’t alone: an estimated one million taxpayers didn’t file a federal income tax return in 2014.

Credit Card Companies 74

Credit Card Companies Small Businesses 74

Fundera

APRIL 17, 2018

Watch out, because you might just see a bump in your personal credit score on the way. That’s because thanks to Experian, TransUnion, and Equifax—the three major credit bureaus—credit reports no longer include tax liens. The change went into effect April 16 , so it’s a brand new policy, and it could impact millions of Americans—especially small business owners who need stronger credit to apply for a business loan.

Credit Scoring 67

Credit Scoring Bankruptcy Small Businesses Default 67

Fundera

APRIL 16, 2018

The United States government buys lots of products and services from US businesses. With the approximately $500 billion in government contracts it awards each year, nearly a quarter are legally required to go to small businesses that have navigated the process of how to get government contracts. What exactly are these highly desired opportunities for your small business, and how can you cash in?

Small Businesses 62

Small Businesses 62

Fundera

APRIL 20, 2018

If you’re a small business owner offering a unique product, we’re willing to bet that you’ve considered selling on Amazon. After all, Amazon is a tried-and-true retail powerhouse: Over the last thirty days alone , the online marketplace has garnered 175 million unique visitors. Compare that number to the traffic on your small business website , and it’s quickly obvious why selling on Amazon is a great way to expand your business.

Credit and Collections 85

Credit and Collections Transactions Deductions Small Businesses 85

Fundera

APRIL 15, 2018

Entrepreneurship is an inherently creative pursuit: After all, every hugely successful (and not-so-successful) company began with an innovative idea. But how did those small business owners know when their business ideas needed funding? You, too, might have come up with a great concept for a business and think the time to launch is now, but you’re not sure if potential investors will agree.

Small Businesses 78

Small Businesses Credit Unions Default Credit Card Companies 78

Fundera

APRIL 19, 2018

Thanks to something called “EMV technology,” you’ve likely received new credit and debit cards in the mail sporting simple silver squares. Along with the futuristic look they add to any blasé black-striped credit card (nice!), they also come with higher-tech security—and EMV compliance regulations that all businesses must now follow to support it.

Credit Card Companies 75

Credit Card Companies Credit and Collections Transactions Small Businesses 75

Fundera

APRIL 14, 2018

When launching a business, there are a million and one things to do—raise money, hire staff, develop a marketing strategy, and the list goes on. Choosing among the types of business entities is probably not at the top of your list, but it should be. This decision has very real legal and financial implications. The amount of taxes you have to pay depends on what you choose from the types of business entities, as does the ease with which you can get a small business loan or raise money from invest

Deductions 76

Deductions Law Firms Small Businesses Credit and Collections 76