Tag: Fastest

Don’t Get Furious, Here Are the Fastest Business Loans to Ensure You Win the Race

The fastest business loans out there are typically the ones with the least risk to the lender.  As a result, terms and rates may not be awesome, and security is often necessary. Still, if you need funds fast, there are options. You just have to figure out which ones will work best for you.

Fastest Business Loans: Why The Need for Speed?

Expenses cannot wait.  This is true whether they are planned or unexpected. Unexpected cash flow issues require that you know about and have access to the fastest business loans out there.

Speed Comes at a Price

The cost of a fast business loan may include:

  • Higher interest rates
  • Shorter terms
  • And lower limits

What Fuels Speed?

Usually, it is not possible for traditional lenders to be speedy when it comes to lending money.  However, some alternative lenders can sometimes make it happen. The process goes even faster if you meet qualifications, like good personal credit and a steady cash flow. Of course, having collateral available for security is even better.

Furthermore, the more Fundable™ your business the faster you can get funding. That all starts with building a Fundable™ foundation. The stronger the fundability of your business, the faster any loan process will go.

Fast Business Loans are Possible for Anyone

If you are a startup, have bad credit, or you have no collateral, you can still get fast business loans. Yet, it will cost more. Lower credit scores, less time in business, and lack of collateral equal higher interest rates, shorter terms, and lower limits.

Fast Loans with Alternative Lenders

Creditworthiness is not the only deciding factor when it comes to loans with alternative lenders. Other factors lenders might consider include assets, annual revenue, time in business, and more. Not only that, but the approval process is usually faster. In fact, some approve almost as soon as you hit “apply.”

They do not all have the same requirements, but generally you need to be in business for at least a year or two. Annual revenue requirements vary by lender.

Our Picks for Fastest Business Loans

Here are some of the fastest business loan options out there.

Fundbox

For Fundbox, you need at least 6 months in business and a FICO of at least 600. In addition, a minimum of $100,000 in annual revenue is necessary.

Merchant Cash Advance

This is a short-term loan from a bank, alternative lender, or credit card issuer. The Credit Suite Merchant Cash Advance program has no collateral requirements. Better yet, bad credit is not an issue. Rather, funding is based on cash flow, per review of the most recent 3 months of bank and merchant account statements. They are looking for consistent deposits showing revenue is $50,000 or higher annually.

Credit Suite Credit Line Hybrid

You can get up to $150,000 with the Credit Suite Credit Line Hybrid. This is unsecured, no-doc financing that has no collateral or cash flow requirements. Approval is based on personal credit only. However, if a borrower has bad credit they can use a guarantor that has good credit. Initially, rates can be as low as 0%.

Invoice Financing

Invoice financing can be a good option for businesses with irregular cash flow. It allows for immediate payment on invoices, covering cash flow gaps due to slow paying customers.

Equipment Financing

For the Credit Suite equipment financing program, you must have at least one year in business and a credit score of at least 680. There are no financials required, but you will need to provide details on equipment. You can get approval in as little as 24 hours.

SBA 7(a) Express Loan

For established businesses with good revenue and profitability, this is a great option. Large sums are available, and they are faster than standard 7(a) loans. In fact, it can take as little as 30 days instead of 45 to 60 days.

To Get the Fastest Business Loans You Have to Be Prepared

The more prepared you are the faster the process will be. Working now to build fundability is the best thing you can do. Find out more about how to start and these Credit Suite loans with a free business finance assessment today!

The post Don’t Get Furious, Here Are the Fastest Business Loans to Ensure You Win the Race appeared first on Credit Suite.

Upcoming Free Webinar: 7 Hidden Tactics From The Fastest Growing E-Commerce Companies

Are you struggling to grow your e-commerce business?

Sick of low conversion rates?

You’re not alone.

On average, only 3% of e-commerce website visitors converted into customers.

Yikes.

Yet, brands like the Dollar Shave Club and AppSumo are making millions even during a global pandemic.

You want to join their ranks, but you’re just not sure what you’re doing wrong. It feels like everyone else is in on some secret recipe to success.

On August 24 at 8 am PST, I’m exposing the hidden tactics the fastest growing e-commerce brands are using to dominate the online shopping industry with a free webinar.

Along with my co-host, Matthew Santos, VP of Products and Strategy at NP Accel, and Brooke Hess, Senior Director, Paid Media at NP Digital, we’ll break down how you can implement each one to boost your e-commerce sales.

It’s free. Register here.

What Will You Learn?

Since opening my agency, NP Digital, I’ve worked with companies of all sizes, including some of the world’s fastest-growing e-commerce brands.

I’ve seen first-hand the unique strategies these companies use to generate targeted traffic, attract quality leads, and convert shoppers into paying customers.

The best part? These e-commerce sales tactics work for brands of all sizes. Whether you’re just starting or you already have some skin in the game, these strategies can work for you.

Here are some of the specific things we will teach you:

  1. E-commerce SEO: Learn how to generate free, recurring, and high-converting traffic with SEO practices no one else is talking about.
  2. Paid advertising: Discover how to multiply your results and increase your conversion rate even with a small paid ads budget.
  3. E-commerce CRO: Uncover the powerful strategies fast-growing e-commerce brands use to improve conversion rate optimization (CRO).

These points are only scratching the surface of what you’ll learn.

Conclusion

One of the best ways to become successful in business is to look for clues. Brands leave breadcrumbs you can follow and reverse engineer to your benefit.

We’ll show you how to spot these clues and give you actionable advice on implementing these strategies to skyrocket your e-commerce brand’s growth.

Whether you’re just starting or you’re feeling stuck, these tactics will change the game for you.

Register for the webinar, and I’ll see you on August 24 at 8 am PST.

PS: If you want my team to implement these hacks and manage your e-commerce business, go here.

The Fastest (and Cheapest) Way to Beat Your Competition

If you want to outrank your competition, what do you do?

First off, you need to keep track of everything they are doing. From their rankings to the content they are writing to even the links they are building and the keywords they are targeting, understanding what they are up to is key.

And after you figure out their strategy, you need to write more content, build more links, and optimize your site. Or you can hire an SEO agency, but most of us can’t afford that.

There must be a better way, right?

Well, over the next 60 days, I am going to make life easier for you with a major upgrade to Ubersuggest.

Here’s what I am thinking of doing and it will make it easier for you to outrank your competition.

Competitor analysis

First off, I’ve learned that many people don’t know who their competition really is when it comes to SEO.

Because of that, I’m going to create a competitor analysis report that shows you your competition.

Here’s a rough sketch of what that will look like:

You’ll be able to see who your competitors are based on common keywords you both rank for.

You’ll also be able to see how your rankings compare to theirs over time as well as their SEO traffic, backlinks, domain scores, and, best of all, keyword opportunities (or keyword gap).

What the keyword opportunities will break down is all of the keywords your competition ranks for that you don’t.

This way, you’ll be able to dive in and see everyone one of the keywords they are targeting and the ones you aren’t (but should be).

Again, the key to the report above (although the design needs to be tweaked) is that it will show you all of the keywords your competition ranks for that you aren’t targeting or ranking for… yet. The ones at the top will be the most lucrative keywords and the ones at the bottom will be the least lucrative.

Competitor rank tracking

On top of showing you new keyword opportunities without you having to do any work or searching, we are also going to start tracking your competitors’ rankings for you. 😉

So, in your rank tracking dashboard, you’ll see your rankings as well as your competitors’ rankings.

Currently, we show you if your rankings are going up or down each day (if you aren’t tracking this, go and set up a project).

We’ll be modifying that report to also show your competitors’ rankings… we are still working on the design.

That way if things are going bad for you, you can see if you were the only one who got affected or if your competition did as well.

But there is more

I know 60 days is a long time to wait, but I am also releasing something in the next week to also make your life easier when it comes to competitor analysis.

I will be releasing version 2.0 of the Ubersuggest Chrome Extension. If you haven’t already installed it, go here and do that now. It’s free!

Currently, you get data whenever you do a search. But it doesn’t provide enough data, especially on your competition, so I’m about to go and fix that.

First off, you’ll get data on traffic. Not only on your site but your competition as well.

So, whenever you perform a search, you will quickly be able to see how much SEO traffic any given domain gets.

And if you want more details, on the right-hand side of the Google search results you will see a graph containing an overview of how your competition stacks up against you.

You’ll also have a similar overview with backlink data.

And of course, I’m not stopping there.

The most popular e-commerce site on the web is Amazon. So, wouldn’t it be great to get data on keywords on Amazon?

Anytime you perform a search on Amazon, you’ll see data on all of the suggested keywords that they are providing you.

And then when you head to the second most popular search engine, YouTube, I’ll give you keyword data and competition data.

For example, whenever you search for a keyword, you’ll see data on all of the suggestions.

And if you click the “view all” button, you’ll see historical data on that keyword as well.

On a YouTube search listings page, you’ll start to get recommendations on other keywords that you could be targeting with your YouTube SEO.

And if you click on a video (even a competitor’s video!) you’ll start to see more data on their performance as well as keywords that they are targeting.

So, if you haven’t already, make sure you go and install the Chrome extension before the release next week.

Conclusion

I hope you are looking forward to the new release to Ubersuggest in the upcoming months.

I am really excited about the competitive analysis features within the application because it should make it a lot easier to see which keywords your competition ranks for that you don’t.

On top of that, the extension is making a lot of progress. My goal is to release a new version of the extension each month with new features that will make SEO easier and more convenient for you. 🙂

So, what do you think of the changes?

The post The Fastest (and Cheapest) Way to Beat Your Competition appeared first on Neil Patel.