online-business

29

Apr

What are merchant loans?

posted by: Gary

You might view your card machine as a simple way of facilitating payments by your customers for the goods and services they buy from you. But did you know that your debit and credit card machine may also be a handy source of additional business funding – through merchant loans? What is a merchant loan? Merchant loans are short-term business loans on which security ...

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women writing in notebook

21

Apr

Types of business finance

posted by: Gary

In its report on Small Business Finance Markets for the year ending 2018, the British Business Bank noted that only 1.7% of small and medium-sized businesses had approached a bank for a loan (the lowest number in 8 years). Even among those businesses that had applied to banks for such a loan, only 43% had any confidence that their application was likely to succeed. With local banks therefore ...

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