At some point, most small businesses use some type of financing to either cover expenses during down periods or to fuel growth during periods of expansion. Two common options favored by small business owners are business credit cards and working capital loans. Find out the difference between the two so you can make an informed decision the next time you need an injection of capital.
Topics: Working Capital Loan, Credit Card Alternatives, Working Capital Needs, Credit Cards, Business Credit Cards
Running a small business requires a lot of purchasing power - everything from products to technology solutions must be procured somehow. The answer for many business owners is to rely on credit cards; however, these lines of credit must be paid in full or else they accrue interest charges each month.
Topics: Equipment Leasing, Credit Card Alternatives, Business Financing, Working Capital Loans, Invoice Factoring
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