Articles
What is a Business Loan Marketplace?
Despite the mental image it may evoke (see above), a business loan marketplace is not a physical location you can visit to pick out a business loan along with your weekly produce. It’s also not just a fancy or creative name for an online loan broker, although there are some similarities. A business loan marketplace [...]
Never Pay an SBA Loan Fee Without This Form
Did you know it’s illegal for a loan broker, loan agent, loan packager, consultant or referral source (aka loan intermediary) to charge you a fee associated with an SBA loan unless it’s disclosed on an SBA Form 159 and is signed and agreed to by you, the loan intermediary and the lender? This is a [...]
Student Loan Refinance Rates Hit Record Low 1.95% APR
The Federal Reserve interest rate cut may give some much needed relief to the crushing student loan debt held by millions of Americans. However, federal student loan interest rates still range from 4.53% to 7.08%, making them unaffordable for many. There is presently over $1.3 trillion of outstanding student loan debt spread out over 44 [...]
The Best First Responder Business Loans
The American Security Council Foundation reports that there are over 891,000 emergency medical service (EMS) personnel, 800,000 police officers, and 1.13 million firefighters in the United States. When you consider that there are over 28 million small businesses in the United States, a considerable portion of those are owned by current or past first responders. [...]
No Credit Score Business Loans
Having no or a low personal credit score can certainly make it difficult to obtain financing. Most mainstream business lenders prefer to provide funding to borrowers with established credit over 680, but these days alternative business capital is abound making it easier for business owners with credit scores down to 550 or even 500 to [...]