Your FundingTree’s Business Funding & Business Services Blog
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How to Reopen Your Small Business After COVID-19 Lockdowns
The Coronavirus has interrupted our lives and shut down small businesses around the country. As a business owner, you may be in a hurry to reopen your business and get things back to normal. As rules and restrictions continue to ease, it’s important to have a post-COVID-19 plan in place to navigate new ways of […]
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7 Questions to Ask Before Choosing a Merchant Service Provider
Online purchases reached $360 billion in 2016 and are expected to grow by over 77% by 2022. Is your business looking to accept electronic payments? You’ll need a merchant service provider with experience in your field who can handle payments securely and timely. Here are 7 questions to ask before you choose a merchant service […]
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What is a Paycheck Protection Program (PPP) Loan: An Essential Guide
Is your small business currently struggling and experiencing loss of revenue? You’re not alone. More than 100,000 small businesses have closed in 2020. The good news is that there are relief programs that you might qualify for to help your small business. PPP loan, or Paycheck Protection Program loans, fund payroll, rent, mortgage, interest, and […]
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SBA Paycheck Protection Program (PPP) vs. the EIDL Program
The United States economy is still under siege due to the coronavirus pandemic. Southern states like Florida and Texas are now being rocked by the virus. Florida is now reporting over 10,000 positive cases per day. To limit the spread of the virus, these states have no choice but to close businesses once again. For […]
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PPP Loan Forgiveness: What to Know to Get Your Loan Forgiven
The Paycheck Protection Program (PPP) is a loan program worth nearly $670 billion. It was enacted by the U.S. Federal Government under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a PPP loan, small business owners could have access to the funds required to keep their operation afloat throughout the COVID-19 pandemic. To achieve loan forgiveness and avoid […]
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How to Apply for a PPP Loan: Everything You Need to Know
The global economy is in peril due to the coronavirus pandemic. Across the United States, businesses are closing their doors at the government’s request. How can American businesses expect to survive without revenue? There is a sliver of hope during these distressing times. The United States government authorized the Paycheck Protection Program (PPP) to bailout […]
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A Guide to Asset-Based Lending: Everything You Need to Know
If your business is financially struggling, asset-based lending can help you. When a business needs cash, one of the first things owners think about is a loan. However, there are a plethora of lending options available to businesses, making it difficult to choose one. With asset-based lending, you can avoid poor terms and get a […]
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What Is an Open Invoice?
At the inception of any small business, there’s the expectation that an open invoice will be a regular part of a business’s life cycle. After all, once business graduates from the status of cash-only (if it ever started as one), it immediately transitions into creating invoices for your services provided or products sold. The core […]
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Is Accounts Receivable an Asset?
Accounts receivable can be a frustrating area. With 48% of customers delaying payments, it can often feel like accounts receivable is a liability rather than an asset. If accounts receivable turns into bad debt, then this becomes a company loss. However, before that happens, accounts receivable should not be considered a liability. Which begs the […]
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7 Tips for Choosing Payroll Services for Your Small Business
Is your small business looking for a new payroll service provider? Deciding to outsource your payroll or switching payroll companies can be a big change. This helpful guide has 7 tips for choosing payroll services for your small business that will help you successfully make the switch. 1. Consider the Timing Before you look at […]
