Resource Category: Finance

Business credit cards offer a quick and secure way for business owners to get the funds they need to run their business smoothly, take advantage of growth opportunities, provide breathing room when business is slow, safeguard personal finances from actions of the business, and more. We created this guide to set you on a path to make the most out of business credit cards. Here's a taste of what's inside: The incredible advantages of business credit cards How business credit cards… Read More

How Smart Business Owners Use Credit Cards Smart business owners can use credit cards to their advantage, whether it’s to amass valuable rewards or to access funds to take advantage of a potentially lucrative opportunity. Peruse the questions below from business owners like yourself to learn more. What Is Required to Get a Business Credit Card? Business credit card issuers usually are most interested in the owner’s personal credit scores, income and credit qualifications. Nav can help you understand which… Read More

Low credit scores can make it more difficult to get small business loans, but fortunately there are financing options that may still be available. Here we discuss how to find the best business loans for bad credit.  Can You Get a Business Loan with Bad Credit? Many small business lenders check the owner’s personal credit, business credit or both. Not all lenders have high minimum credit score requirements, however. And there are a few financing options that don’t check credit… Read More

The SBA, Small Business Administration, provides loans to small businesses through financial institutions such as banks, microlenders, and online lenders. These SBA loans are government guaranteed, meaning lenders will offer them to small businesses at low interest rates because the government has promised to pay back 85% of the loan in the event of default. The three most talked about SBA loan types are: 7(a) Loans: the most popular loan provided by the SBA, available to new and established businesses… Read More

You’ve been warned about mixing business and pleasure, but what about personal finances and business finances? At times, it may seem tempting to use your personal finances, whether that’s a personal credit card or personal bank account, to help out when your business needs a boost, but that can create problems for your business.  Drawing a clear line between personal and business finances helps small business owners treat their business a legit business, while safeguarding their personal finances. Learn why… Read More