Archive for November 2017

Reasons Why Small Business Owners Choose Credit Cards to Get Started

Credit cards are easily the most popular form of business credit available for an entrepreneur trying to start their small business. To some, using credit cards to launch a business venture sounds like a start in the completely wrong direction.However, among the horror stories, there are also many success stories of entrepreneurs getting their business off the ground using credit cards for financing.

Millennials are especially in favor of using credit cards to start their business. A recent survey by Bank of America, 37 percent of business owners between the age of 21 and 36 use credit cards for funding. Below are just a few of the reasons why they are increasingly the financing option of choice:

Growing Business

For the business growing rapidly with a limited budget, credit cards are sometimes used as a quick solution. At first, the credit card may have a low limit (e.g. $4,000). Over time, and if you pay off expenses quickly, the card issuer may be willing to raise that credit limit (e.g. $75,000) and provide more flexibility to invest back into your business.

No Interest, No Late Payments

If used correctly, a credit card can help a small business cover growth and expansion costs while also avoiding interest. The key is to never miss a payment (it makes the APR go up), and stay aware of when the 0% APR period will end. Some entrepreneurs have charged – and paid off – hundreds of thousands of business costs without triggering APR and paying very little interest.

Cash-Back Rewards

Other entrepreneurs choose credit cards because of the cash-back rewards. At the end of the month when revenue comes in, they payoff the balance. Between the lack of interest payments for not carrying a balance and earning the cash-back reward, entrepreneurs say it feels like getting a discount on things they buy for their business.

Above all, those who have chosen credit cards for financing advice paying the balance off and to not get in over your head. Even with the above advantages, it’s true credit cards are not the ideal option for every business startup. Others choose the traditional bank loan (even though they are very difficult to get), accounts receivable factoring, crowdfunding or a merchant cash advance, to name a few. Every entrepreneur’s situation will be different.

For example, a bad credit merchant account with an alternative lender like First American Merchant allows business owners to secure financing regardless of bad credit history and (limited) time in business. The application can be completed in a matter of minutes, and funding is received in as little as 24 hours. The key is to find the funding that best suits your business’ needs.

Business Funding expert, Nathan Hale, founded First American Merchant with his eyes set on helping the backbone of our country, small business owners. His passions include writing/producing music, and travel. First American Merchant is America’s Best bad credit merchant account company, serving both traditional and high-risk Businesses.

Here Is The New Fuss About World Travel

When you know what’s being offered by other agencies, you can provide something different. You don’t only need to stick out among other agencies, but in addition serve people who have a difference. Travel agencies and companies that provide world cruises are available in the majority of major cities in major nations. You may also opt to approach some of the greatest adventure tour companies in Mumbai and share your trip pictures on Instagram. In a situation like this, businesses will need to cater to this specific segment and professionals just like you can just help them achieve their targets. Global business has also risen to some other level. It provides you a chance to explore another side of the planet you reside in.

If you’re going to lease a place, get in contact with a broker. Here is the available source where you can identify the right place easily. For sports fishing activities Arkansas is a spot you should earn a tour. Therefore, it motivates people to transfer from 1 place to another. Not many places provide the diversity that Europe does. One of the greatest regions to gather relevant info on cabin and distinct places of accommodation in Arkansas, United States is the online medium. You may have a good stay with one another, and rejuvenate your romance there.

The 5-Minute Rule for World Travel

The country is currently facing environmental issues like water scarcity and soil erosion, along with high pollution levels. It is among the top ten around the world when it comes to the tourism industry, posing rapid growth every year, says World Travel and Tourism Council. Not only do you get to observe the Earth, but you receive to explain the experience with different people with similar interests. At any time you travel around the Earth, you would encounter plenty of Chinese restaurants. Disney World is among the most visited theme parks in the planet, so much so that it’s crowded almost throughout the year.

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