Small Business

An H-1B visa holder may find it difficult to start a business as well as obtain the funding they need. When pursuing a business opportunity, visa holders must be careful to follow the regulations that apply to the visa program in order to not compromise their H-1B status. In addition, when a lender is considering…

A personal guarantee is a legal agreement between you and a lender that holds you personally responsible for your business’s debt in case of default. If your business can’t repay the loan, the lender can seize your personal assets to cover the debt and recoup its losses. Many lenders require a personal guarantee because it…

Startup businesses can get financing from a variety of lenders, but bank loans are typically off the table for businesses with very little revenue and time in business. Banks shoulder some level of risk when they lend funds to any business, but startups are especially vulnerable to defaulting on loan payments because they’re still putting…

Grants provide free money you don’t have to repay — making them a highly desirable form of business funding. However, though they don’t require repayment, small-business grants may have tax implications for your business. Here’s everything you need to know. Most business grants are taxable A business grant is usually considered taxable income — unless…

Medical business loans, or practice loans, are designed for physicians and other health care professionals to finance medical, dental, vision care and veterinary practices. These loans can offer financing for established operations, new practices and the acquisition of existing businesses. These unique business loans are often found at traditional banks and sometimes offer perks you…

Applications for the Amazon Business Line of Credit are no longer being accepted, as of this writing. Business owners who are interested in the Amazon Business Line of Credit can explore other credit options offered by Amazon, as well as those offered by banks and alternative lenders. Amazon business credit options Besides its Business Line…

Construction equipment — like bulldozers, excavators, forklifts and cranes — is a huge investment for small businesses, and purchasing it outright oftentimes isn’t an option. Banks, the U.S. Small Business Administration and online lenders offer equipment financing through business loans. The right choice for your business depends on your credit score, time in business, cash…