SCRA and Military Lending Act, Explained: The 6 Percent Cap, Lease Rights, and What Your Business Must Honor
Pre-service debts of active-duty servicemembers cap at 6 percent interest — forgiven, not deferred — and leases end early with no penalty.
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Track and manage business loans, interest, and repayment schedules
The VA Funding Fee, Explained: First-Use vs. Subsequent-Use Rates, Exemptions, and the 2026 Deduction
The VA funding fee runs 2.15% on first use and 3.3% after — and the IRS lets 2026 itemizers deduct it as mortgage interest.
Down Payment Assistance, Explained: Grants, Forgivable Seconds, and Deferred Loans for First-Time Buyers
Over 2,600 US down payment assistance programs average about $18,000 per buyer — grants, forgivable seconds, and the recapture rules that claw money back.
Temporary Mortgage Rate Buydowns, Explained: How 2-1 and 1-0 Buydowns Cut Your Early Payments
A 2-1 buydown cuts your mortgage rate 2 points in year one and 1 point in year two via a seller-funded escrow — then the full payment returns.
ASC 470 Debt Modifications vs. Extinguishments: How to Book a Refinance, Rate Change, or Loan Extension
Under U.S. GAAP, a same-lender refinance is an extinguishment when cash flows differ by 10% or more — otherwise it is a modification with a new rate.
Business Credit Scores Explained: D&B Paydex vs. Experian vs. FICO SBSS and How to Build From Zero
D&B Paydex grades payment speed 1–100, Experian forecasts delinquency risk, and FICO SBSS gates SBA loans at 155 — build all three from zero.
Building a Chart of Accounts That Scales: How Small Businesses Design a COA That Survives Growth, Loans, and Your First Audit
Split current from non-current debt, give every loan its own account, and zero suspense balances monthly — an IRS-ready COA for lenders and auditors.
Cash Flow Coverage Ratio Explained: Can Your Business Actually Afford Its Debt?
Divide operating cash flow by annual debt payments: above 1.2 your business comfortably carries its debt, below 1.0 operations alone cannot cover it.
Accounts Receivable Line of Credit vs. Invoice Factoring: Which Turns Unpaid Invoices Into Cash?
An AR line of credit lends against your invoices; factoring buys them outright. Compare annualized costs, funding speed, and whose credit matters.
Borrowing From Your 401(k): Loan Limits, the 5-Year Repayment Rule, and What Happens When You Leave Your Job
A 401(k) loan caps at 50% of your vested balance or $50,000 — and leaving your job can turn the unpaid balance into taxable income plus a 10% penalty.
CarMax FY2027 Q2: $1.16 EPS on Cars Sold Cheaper
CarMax's FY2027 Q2 diluted EPS rose 81% to $1.16 on 19.5% revenue growth, but gross profit per used car fell $111 and CAF supplied 61% of pretax income.
How to Reconcile Shopify Capital Loans Without Double-Counting Revenue
Shopify Capital proceeds are a liability, not revenue: book remittances against the loan, amortize the fee, and tie gross sales to your IRS Form 1099-K.