Category: Business Credit

What Does the Fed’s Rate Cut Mean for Small Business?

What Does the Fed’s Rate Cut Mean for Small Business?

On Sunday the Federal Reserve made an unprecedented cut to the federal funds rate for the second time this month by a full percentage point to a range of zero to .25%. In addition to the Fed's rate cut, they are also renewing a bond buying strategy employed following the financial crisis of 2008, saying they will purchase $500 billion in Treasury bonds and $200 billion in mortgage-backed securities.  The rate cut and the purchase of Treasury bonds is in… Read More
Dell Small Business Payment Solutions

Dell Small Business Payment Solutions

Are you a small business owner who wants to propel your organization toward growth? If so, Dell Small Business Payment Solutions by Dell Financial Services can help. It can provide you with the technology and business financing options you need to stay ahead of your competition and succeed with flying colors. So what exactly do Dell Small Business Payment Solutions entail? Keep reading to find out.  Dell Small Business Payment Solutions Dell Small Business Payment Solutions strives to add value… Read More
How to Remove Hard Inquiries From Credit Reports

How to Remove Hard Inquiries From Credit Reports

Your credit reports are filled with data about your credit obligations and how you manage them. What you might not realize is that your reports contain other important details as well, like records of when others access your credit information. These records are known in the credit world as inquiries and here’s how to remove hard inquiries from credit reports. Some inquiries, called hard inquiries, have the potential to trigger a drop in your credit score. Read on for a… Read More
Visa’s New Merchant Rate Changes: What They Mean For Your Business

Visa’s New Merchant Rate Changes: What They Mean For Your Business

[et_pb_section][et_pb_row][et_pb_column type="4_4"][et_pb_text]If your small business accepts Visa card payments, you may be facing higher interchange fees soon. A recent Bloomberg report cited a document sent by Visa to banks, which detailed how Visa's new merchant rate changes will take effect and who they will impact. What's Changing Visa and Mastercard facilitate more than $6.5 trillion in card payments each year, and interchange fees mean they get a slice of that pie. With the new changes, Visa will earn $1.99 on… Read More
8 Ways to Finance a New Business: How to Finance a Business

8 Ways to Finance a New Business: How to Finance a Business

Starting a business is exciting but there's one big question you have to answer right off the bat: How will you fund it? The good news is, there are plenty of business financing avenues to choose from for entrepreneurs who need cash to get operations up and running. Read through this in-depth guide to learn how to finance a new business, then explore your business financing options.  Common Methods for Financing a New Business There are multiple ways to finance… Read More
SUTA Tax: All You Need to Know

SUTA Tax: All You Need to Know

If you’re a small business owner with employees, you’ll need to understand the State Unemployment Tax Acts (SUTA). Once you hire employees, you have to pay more than your own Social Security and Medicare taxes. In addition, you’re required to pay SUTA taxes to your state. Learn what SUTA tax is, who pays it, how to calculate it, and whether or not you’re required to pay it in this article from Nav’s experts. What Is SUTA Tax? SUTA is a… Read More