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Small Business
A Guide to the Different Kinds of Promissory Notes
Promissory notes are documents used to create legally-binding agreements that borrowers will repay lenders sums of money and interest. Learn more.
Lauren Ward
Updated April 3, 2024
Latest
Guide to Peer-to-Peer Lending for Business
Peer-to-peer (P2P) business lending is a popular option for small businesses because you work directly with investors. Learn about P2P lending.
Nancy Bilyeau
April 14, 2023
10 min read
Business Bank Account vs. Personal Account
Business bank accounts offer a number of advantages over personal bank accounts. Learn about the key differences between these two types of accounts.
Susan Guillory
April 13, 2023
9 min read
Guide to Income Statement Prep
An income statement shows your income, expenses, and losses for a given period, and tells you how profitable your business was. Learn how to prepare one.
Lauren Ward
April 12, 2023
7 min read
Understanding Budgeted Income Statements
Budgeted income statements are documents that help estimate and evaluate business revenue and expenses into the future. Learn more about them.
Lauren Ward
April 11, 2023
7 min read
Understanding Negative Working Capital
Negative working capital is when a company's current liabilities exceed its current assets. Learn more about what that means for a business.
Lauren Ward
April 9, 2023
8 min read
Guide to the Working Capital Cycle
The working capital cycle (WCC) is the time it takes to make net current assets and current liabilities into liquid cash. Learn more about the working capital cycle.
Lauren Ward
April 9, 2023
7 min read
Delayed Draw Term Loan (DDTL): Defined and Explained
Delayed draw term loans (DDTLs) are features in term loans that let borrowers withdraw predefined amounts of a total pre-approved loan amount. Learn more.
Mike Zaccardi
April 8, 2023
7 min read
Guide to Single-Step and Multi-Step Income Statements
Multi-step income statements detail gains/losses of businesses in a specific reporting period. Learn about single-step and multi-step income statements.
Lauren Ward
April 7, 2023
9 min read
Understanding Working Capital Lines of Credit
Working capital lines of credit are credit lines that are used to cover a business’s operating costs. Learn how they work, plus how they compare to working capital loans.
Lauren Ward
March 29, 2023
9 min read
Guide to Business Loans for Franchises
Looking to purchase a franchise license? A franchising loan can help. Learn about how to apply for small business franchise loans & compare lenders.
Lantern
March 27, 2023
13 min read
Venture Capital vs Hedge Funds
Hedge funds invest in all sorts of different asset classes, whereas venture capital funds tend to invest directly in startups. Learn more about the two today.
Mike Zaccardi
March 20, 2023
9 min read
No Doc Business Line of Credit: What It Is and Where to Get One
No doc lines of credit may sound appealing to startups and young small businesses. Learn the pros and cons before you pursue this funding.
Susan Guillory
March 14, 2023
6 min read
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