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PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET BitX Funding is committed to supporting small business through the COVID-19 outbreak and helping them through a very stressful time, BitX receive calls from small businesses with W2’s, 1099 and sole proprietors confused on where to begin. BitX platform and customer service are here to make a frictionless process… Read more »
Economic Injury Disaster Loan Program (EIDL) The CARES Act made several changes to the Economic Injury Disaster Loan (EIDL) Program under Section 7(b) of the Small Business Act and described in previously issued Alerts. Those alerts are available here and here. As modified by the CARES Act: EIDL Loans are available to small businesses in… Read more »
Equipment is one of the major things that people need when they are starting a new business. Every business requires some kind of equipment to support it. Equipment is not cheap, and you need funds to acquire them. Finding yourself the right equipment financing solution can ease up many things in your life. There are… Read more »
Stop Worrying About How to Get Inventory Financing for Amazon? If you’re looking to expand your Amazon retail business, one great way to do so is by diversifying your inventory or products. However, this usually requires having additional working capital, which can be hard to have unless you look at outside sources. Deciding when (and… Read more »
5 Steps To Perfecting Your Business Credit The Paydex score or business credit is a system that Dun and Bradstreet instituted as a measure of creditworthiness for businesses. It is very similar to the FICO credit scoring system that is used to track consumer credit. Whether your small business is new and has not yet… Read more »
6 Different ways to finance your small business in 2020 SBA (Small business Administration) is a terminology of business loans that are often granted by lenders to small business owners for their startups. Now there is another type of SBA loan are introduced in the market known as SBA 7(a) loans. It is one of… Read more »
Stop Worrying About How to Get A Personal Loan for Your Business A personal loan is one of the most common types of loans that people get. Usually, people apply for this loan to finance a home, consolidate their debt or start a new business. The best thing about a personal loan is that its… Read more »
Stop worrying about how to pay off a Merchant cash advance MCA (Marchant cash advance) is a kind of funding that you take out to increase revenue or start your small business. There are many benefits of taking a merchant cash advance over lending products but still, you must be careful. First, let’s talk about… Read more »
Small business owners across America come into a cash crunch from time to time and struggle to find affordable funding that fits their needs. They reach out to their banks, but they don’t fit within the bank’s box, then they are declined or turned away. So, business owners are now turning to alternative lenders and… Read more »
Fast Way to Get $50K in A Personal Loan for Your Business Getting a loan for yourself can be a very hectic thing to do as you must go from one place to another for the search of the better loan offers. People usually think that is too tiring for them. People who get a… Read more »
