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Loans
Track and manage business loans, interest, and repayment schedules
The EV Tax Credit: What Happened, What's Next, and What You Can Still Claim
The federal EV tax credit (up to $7,500) expired September 30, 2025 under the One Big Beautiful Bill Act. Here's who can still claim it on their 2025 return, how the new car loan interest deduction works, and what records to keep.
How to Prepare for a Business Loan Application: A Complete Guide
Nearly 80% of small business loan applications are rejected on first submission — not because the business is weak, but because the owner wasn't prepared. This guide covers the Five Cs of Credit, DSCR calculation, required documentation, loan type selection, and the common mistakes that sink applications before they start.
How to Get a Business Loan: A Step-by-Step Guide for 2026
Only 41% of small business applicants receive all the funding they seek. This step-by-step guide covers loan types, lender requirements, approval rates by institution type, required documentation, and concrete steps to improve your eligibility before applying.
Best Small Business Loans: A Complete Guide for 2026
A practical breakdown of 7 small business loan types—SBA 7(a), 504, term loans, lines of credit, equipment financing, invoice factoring, and MCAs—with current rate ranges, qualification thresholds, and a 5-step framework for matching the right loan to your specific need.
Loan Principal: What It Is, How It Works, and How to Pay It Down Faster
Loan principal is the original amount borrowed—distinct from interest, which is a deductible expense. This guide covers how amortization front-loads interest charges, how to correctly split principal and interest in your books, and four proven strategies to pay down debt faster while avoiding prepayment penalties.
Micro Loans for Small Business: The Complete Guide to Getting Started
A practical guide to micro loans for small businesses — covering the SBA Microloan Program (up to $50,000, average $13,000 at 8–13% interest), CDFIs, Kiva, and five qualification steps for entrepreneurs who can't access traditional bank financing.
Minority Business Loans: The Complete Guide to Funding Your Business
Black-owned businesses face a 39% loan denial rate versus 18% for white-owned firms. This guide covers every major minority business loan program—SBA 7(a), Community Advantage, CDFIs, MBDA, and more—plus eligibility requirements and strategies to improve your approval odds.
Merchant Cash Advances: What They Are, How They Work, and When to Avoid Them
Merchant cash advances can fund your business in 24 hours—but at effective APRs often exceeding 100%. Learn how factor rates work, how to calculate your true cost, when MCAs make sense, and what cheaper alternatives to consider first.
How to Get a Business Loan: A Complete Guide for Small Business Owners
A step-by-step guide to securing a business loan—covering SBA loans, bank terms, online lenders, credit score requirements, and the most common application mistakes small business owners make.
What Is APR? Annual Percentage Rate Explained for Small Business Owners
APR bundles a loan's interest rate and all lender fees into a single number, revealing the true cost of borrowing. Learn how to calculate APR, compare competing loan offers, and spot red flags in merchant cash advances and short-term financing.
Small Business Loans: A Complete Guide to Financing Your Growth in 2026
Navigating the world of small business loans can be challenging. This comprehensive guide outlines the various types of financing available in 2026, what lenders seek in applicants, and strategies to enhance your chances of securing funding.
PPP Forgiveness: Should You Choose the 8-Week or 24-Week Covered Period?
Navigating the choice between the 8-week and 24-week covered periods for PPP loan forgiveness can significantly impact your business's financial health. This guide provides essential insights to help you make an informed decision.