Chime is a financial technology company that offers personal banking services through a user-friendly mobile platform. While it offers banking features similar to traditional banks, it is not a bank. Instead, it partners with FDIC-insured institutions: The Bancorp Bank and Stride Bank. This partnership ensures account holders receive the same level of deposit insurance as they would with a traditional
A business bank account is a financial account used to manage a company’s funds. Unlike a personal checking account, a business account separates personal and professional finances, essential for accurate recordkeeping, tax reporting, and liability protection.
ChexSystems is a consumer reporting agency governed by the Fair Credit Reporting Act. It collects data on closed bank accounts, unpaid overdraft fees,
Cash-back business credit cards are tailored explicitly for business owners. They offer a smart and straightforward rewards-earning solution for all your business basics. These cards give cash back on eligible business purchases, helping business owners save money and reinvest in their businesses. Cash-back rewards are different from traditional rewards cards. Most importantly, they keep it simple, delivering businesses a clear-cut
LegalZoom, Incfile, and ZenBusiness are three top providers of business formation and management services designed to assist entrepreneurs with their ventures. Each platform simplifies tasks such as LLC formation, business compliance management, and more to help you build and manage your business. Though they’re all similar at their core, their features, pricing, and additional offerings vary greatly.
Tradeline Supply Company LLC, founded in 2017 and based in San Diego, California, has established itself as a trusted marketplace for buying and selling authorized user tradelines. The company’s mission is to help individuals improve their credit scores by offering a variety of tradelines for purchase.
With a user-friendly online platform, customers can browse available tradelines and choose the
As a small business owner, it would be best to have a working knowledge of your company’s value. That information proves invaluable when trying to sell your business, buy out a partner, or acquire or merge with another business.
The most reliable form of business valuation is the certified appraisal. With this method, appraisers look at your company’s worth from
Effective debt management for your business requires understanding how different financing arrangements work and which are most conducive to your goals and cash flow. As a small business owner, you should equip yourself with the tools and knowledge to make informed decisions and ask relevant questions when taking out small business loans.
Understanding the differences between amortization and simple interest
At its core, bookkeeping software is about money management. Many free accounting software options are available, but you should aim for ones that offer optimal accessibility, functionality, security, and scalability. A free program can do the job when you’re starting off or if you’re a freelancer or sole proprietor.
However, you should always watch for software that offers higher tiers
People sometimes confuse commercial lending and small business loans, but financing options for small businesses are a subset within the larger commercial loan umbrella. Commercial lenders include any financial institution that provides funding for businesses of any size.
However, small business owners typically struggle to get financing from traditional lenders, like commercial banks. Fortunately, alternative lenders fill that need by
There are thousands of mobile apps for small businesses available today. Some are well-known apps from tech giants, while others are agile apps from independent developers.
Selecting the right app, or apps, for your business can be overwhelming. You want an app to help you stay organized and improve business efficiency without costing too much.
This guide can help you
Fraud Disclosure:
Please be aware that individuals have been fraudulently misrepresenting to business owners (and others) that United Capital Source, Inc. (“UCS”) can assist small businesses in receiving government grants and other forgivable business loans, when in fact those grants or loans do not exist or are not available. These individuals have ulterior motives and are engaging in the unauthorized use of the names, trademarks, domain names, and logos of UCS in an attempt to commit fraud upon unsuspecting small business owners.
UCS will never communicate with a prospective client on Facebook, Facebook Messenger, or any other type of social media. Further, any email communications will always come from an official UCS email address and not a Gmail, Yahoo, or other email domain. If you believe you have been contacted by someone posing as an employee of UCS, please email [email protected].
