Potential funding solutions range from $5,000 to $20,000,000. As a result, merchant cash advances work especially well for small businesses and can aid in health care financing.
According to a report from the Federal Reserve to include a merchant cash advance, 76% of applicants for cash advances, loans, and lines of credit in 2020 were approved. A short-term funder offers a merchant cash advance, or MCA, in the form of a finance solution for companies. These companies are looking for […]
Taxes are a part of many levels of business ownership. These include an average tax rate for small business sole proprietorships of 13.3%, small business partnerships 23.6%, and 26.9% for S corporations. Small business taxes are a reality for every owner. Additionally, all businesses must file timely annual income tax returns except for […]
Businesses with an initial PPP loan can still apply for a second loan. They must use their entire initial advance. Similarly, they must have fewer than 300 employees. Also, they must demonstrate a revenue decrease of 25%
There’s a new COVID stimulus bill in the works for the end of 2020 & the beginning of 2021. As the end of 2020 quickly approaches, Congress is rushing to have a new COVID stimulus bill done to offer aid to small business owners and unemployed individuals. Even though the economy is seeing […]