(No Ratings Yet)
Loading ...Posts tagged as:
business financing
Business Financing - Credit Cards for Discipline Business Owner
(No Ratings Yet) Loading ...There are certain perks for being a discipline and well-organised business owner. One of the perks is on credit cards financing for business purposes.
As you might already aware, credit cards can make or break your business, as well as your personal finance.
Using your credit cards under strict management will give you the opportunity of non-interest bearing loan.
Credit card financing - free source of business funding
Credit cards ‘offer’ you a 30-day period loan - meaning, if you pay your credit card bill on time, your ‘borrowed’ money do not bear any interest. This means, you have to pay in full for your credit card bill, and avoid paying minimal payment at all cost.
What kind of credit cards offer is for you?
0 APR credit card is the common offer by credit card issuers that you should look into when applying for an account - you pay no interest, fees, and other related credit card charges for a certain period of time.
The purpose of credit card issuers offering 0 APR program, to me, is to encourage consumers to use credit card balance regularly, with the hope that consumers will keep ‘borrowing’ when the offer expires.
{ 2 comments }
Related posts other people has read:
Finance Your Small Business with Credit Cards - A Smart Move? Breakthrough in Small Business Credit Cards Financing Regulations Business Credit Cards - A Wise Funding Source for Your Business? Another Business Financing Option: Personal Short Term Loan Holiday Season Shopping: It is Time to Utilise Your Credit Cards for Your Small Business Needs
Another Business Financing Option: Personal Short Term Loan
(No Ratings Yet) Loading ...The best thing happening to entrepreneurs is unlimited options.
Being an entrepreneur makes you break traditional boundaries and go with the best options and opportunities offered on the deal table.
In business financing, as an entrepreneur, you are often offered (and doctrinised) by the common financing options - using bank loans, borrowing from friends and family, searching for venture capital, factoring, and using credit cards.
But what if your previous bankruptcy is haunting you? What if you don’t have collaterals to take bank loan because you are in bootstrapping mode? What if you are having a mediocre credit score?
Some would suggest you to take a job and get into the workforce again. Some would suggest you to stop trying to be an entrepreneur at all. Some would even suggest you to borrow from loan shark!
If you are in such position and bothered by those suggestion, then consider other, non traditional, financing options.
Personal short term loan
You might have heard about payday loan, cash advance and other alternative route to financing. If you are considering those options, please also consider personal short term loan.
Personal short term loans, in simple, are personal loans that don’t require paperwork and long approval process, like the traditional bank loans, and do have a lower APR than payday loan, along with a convenient payment options.
Short term loans, or installment loans, allow you to pay off your loan in installment fashion until your balance is paid off. This way, your loan payment and due date is predictable.
{ 0 comments }
