MoneySmall Business

How a CDFI Could Help Your Small Business

Under the best of circumstances, getting small-business financing is no sure thing. In a 2019 survey, about 17% of small businesses said they were denied financing, according to the 2020 Federal Reserve Small Business Credit Survey. It can be even harder for underserved…
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Azlo Business Checking: 2021 Review

Azlo is an online business banking option that has no minimum opening deposit, no minimum balance requirements and unlimited transactions. Azlo’s integrated invoicing, online payment tools and app integrations set it apart from competitors. In addition to Azlo Starter, the…
MoneySmall Business

BlueVine Business Checking: 2021 Review

With no fees and unlimited transactions, BlueVine’s business checking account includes features that are common with online-only banks. The account stands out, however, because BlueVine allows you to earn interest on your account without having to maintain a monthly or…
MoneySmall Business

Equity Crowdfunding: How It Can Help Your Startup

Pitching your business to venture capitalists may not be in the cards for first-time entrepreneurs or small shops, but crowdfunding can help you find both accredited investors and everyday consumers willing to back your company. Equity crowdfunding means investors provide…
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QuickBooks Online Review 2020

QuickBooks Online, the small-business accounting software, offers top-notch functionality at a reasonable price. And with about 4.5 million small businesses using it worldwide, it’s also the industry standard. It’s easy to find accountants who can work with QuickBooks…
MoneySmall Business

Is a Merchant Cash Advance Right For Your Business?

You’re a small-business owner in need of capital now, and a merchant cash advance looks like a good deal. Before you act, consider this: That quick cash could really cost you. MCAs have been known to carry annual percentage rates — the total cost of a loan, including all…
MoneySmall Business

17 Accessible Small-Business Ideas

Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship. Focus…
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QuarterSpot No Longer Making Business Loans

QuarterSpot stopped originating small-business loans in January 2020. The online lender was a provider of short-term business loans to bad-credit borrowers. Several online lenders offer loan products similar to QuarterSpot. If you’re looking for an alternative, consider…
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What Are Paycheck Protection Program Loans?

Banks and other lenders began accepting applications from small businesses for coronavirus relief loans — known as Paycheck Protection Program loans — on April 3, but the rollout hasn’t been smooth. Wells Fargo announced that it had reached its target of $10 billion in…
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Business Owners Policy (BOP): What Does It Cover?

Small business owners typically have three things on their minds when purchasing business insurance—coverage, convenience, and value. A business owners policy (BOP) is designed for each of these factors. By bundling general liability insurance, commercial property…