As a business owner, it’s imperative to have access to the capital necessary to grow and sustain your business. There are many different options for a business owner to obtain financing — but what is the best option for your business? Our Business Loans content will help you choose the best source of working capital for your business.
Many U.S. small businesses affected by the COVID-19 pandemic received help through billions of dollars the federal government made available through loans that could be converted to grants if companies utilized the money to pay employees. However, the deadline for the second round of that program called the Paycheck Protection Program Flexibility Act (PPPFA), ended […]
The Federal Reserve recently published a report about small business lending: Browsing to Borrow: “Mom & Pop” Small Business Perspectives on Online LendersBrowsing to Borrow: “Mom & Pop” Small Business Perspectives on Online Lenders. This lending publication examines perceptions of a select group of small business owners about online lenders, as well as their understanding […]
Not everyone has the means to fund their business internally, so many owners look to gain access to a small business loan. However, accessing credit can be a challenge for small business, especially those with bad credit.
A merchant cash advance (more commonly called a cash advance), is a financial transaction between your business and an alternative financing company. The company purchases your receivables at a discounted rate, essentially “advancing” your future revenue. This advance amount is the total amount of capital the funding company will advance you.
During the last two rounds of the SBA Payroll Protection Program (PPP), Revenued proudly processed over $1.8B in PPP loans for businesses affected by Covid-19 through our online application platform powered by Cross River Bank. The new Covid-19 relief bill that was signed by President Trump on December 27, 2020 allocates $284 B for a […]
Having several different financial resources to choose from is helpful when expanding your business. Flexibility allows your company to adapt to change, especially during periods of uneven cash flow or growth. A business line of credit is an essential financial tool for many entrepreneurs. However, you need to be sure you can manage it. If […]
The Paycheck Protection Program (PPP) is a short-term loan program administered by the Small Business Administration (SBA) to help small businesses with 500 employees or fewer who have been affected by the COVID-19 pandemic. In early 2020, many businesses across the country were ordered to close shop or severely curb their operations for months to […]