Supabase (YC S20) Is Hiring a Technical Documentation Lead (Remote)

Article URL: https://boards.greenhouse.io/supabase/jobs/4796595004

Comments URL: https://news.ycombinator.com/item?id=34786336

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Get Cash Flow Financing for Your Business – It Can Be a Great Way to Get Credit and Funding…

Can Cash Flow Financing Help YOUR Business?

For going concerns with some time in business, cash flow financing can be a good way to fund expansion, growth, or everyday needs. But what IS cash flow financing? And where do you get it?

Fundability, Cash Flow, and Your Business

Fundability is the ability of a business to get funding. It covers all the points a lender or credit provider will check when trying to figure out if you’ll pay back a loan or credit extended to you. These include details you may not have thought about or might think aren’t so important. But they are!

The 3 Cs Capital Acquisition Formula

When you think like a lender, you come to understand that all they want is to be sure that you’ll pay them back. Lenders look at one of three things for loan approval: cash flow, collateral, and/or credit. The more of these “Cs” you have, the more funding options are available. Let’s look at how cash flow financing can help your business.

Cash Flow Financing

Cash flow financing is a loan made to a company is backed by a company’s expected cash flows. A company’s cash flow is the amount of cash that flows in and out of a business. This is within a specific period. Cash flow financing or a cash flow loan uses generated cash flow as the way to pay back the loan. It’s one of the smarter financing activities you can do if you’ve got a going concern with predictable income.

Cash Flow Financing: Terms and Qualifying

Much of the time, you must have a few years in business. You may need a certain minimum credit score. You must prove historical cash flow, and present your accounts receivables and accounts payables, so the lender can determine how much to loan to your business.

Account Receivable Financing

You can use outstanding account receivables as your collateral for business financing. Receivables should be with the government or another business. If you also have purchase orders,  you can get financing to have those filled. You won’t need to use your cash flow to do so. Get an accounts receivable credit line with rates of less than 1% with no consumer credit requirement.

Account Receivable Financing: Terms and Qualifying

Use your outstanding account receivables for financing. Get as much as 90% of receivables advanced ongoing or more, in less than 24 hours. The rest of the accounts receivable are released once the invoice is paid in full. Factor rates as low as 1.33%.

Terms are for Credit Suite account receivable financing. The only collateral necessary is your account receivables. Loan amounts run from $10,000 to $10 million. Up to 95% of receivables can be advanced within a week. Rates start at prime rate 2%. You must have a FICO score of 500 or better.

Receivables must come from another business or government agency, not an individual. Business must be open for at least one year to qualify. Medical receivables must have $1 million in annual sales or more. For the deal submission, you must provide the application, a breakdown of existing receivables, and a sample invoice.

Purchase Order Financing

Purchase order financing is advanced to a business with a large purchase order or contract, but the business is unable to fulfill it. A lender then loans the funds necessary to complete the order and charges a percentage for the service. Then the company can fulfill its order or contract.

The difference between purchase order and accounts receivable financing is purchase order financing involves a company lending you money to fulfill purchase orders. But accounts receivable financing involves a company buying your outstanding invoices. Still, they are both, at bottom, based on cash flow.

Purchase Order Financing: Terms and Qualifying

Terms are for Credit Suite purchase order financing. For approval, lenders will often review your outstanding purchase orders that need filling. They want to be sure the purchase orders are valid, and the suppliers you are dealing with are credible.

If so, then you can get approval, regardless of personal credit history. Rates tend to range from to 4%. In some instances, you can get 95% of your purchase order financed.

Demolish your funding problems with 27 killer ways to get cash for your business.

Business Revenue Lending

This is a way to raise capital from investors who get a percentage of the enterprise’s ongoing gross revenues, in exchange for money invested. In a revenue-based financing investment, investors get a regular share of business income until a predetermined amount is paid. Often, this predetermined amount is a multiple of the principal investment. It is often between 3 to 5 times the original amount invested.

Business Revenue Lending: Terms and Qualifying

Since repayment of the loan is comes from revenues, the time it takes to repay the loan will fluctuate. The faster revenue grows, the quicker you’ll repay the loan, and vice versa. The percentage of monthly revenues committed to repayment can be as high as 10%. Monthly payments will fluctuate with revenue highs and lows and will continue until you’ve paid back the loan in full.

All terms are for the Credit Suite business revenue lending program. Necessary collateral is consistent revenue verifiable through bank statements. Loan amounts run from $5,000 to $500,000. Terms are for 3 to 36 months. Pay a factor rate of 1.10 to 1.45%. Credit you must have a 500 credit score or higher, with no recent bankruptcies.

Business must earn annual revenue of $120,000 or more per year. You must be in business for a year or more. The business must do over 5 small transactions each month. Financial services industries are prohibited, damaged credit is acceptable. Or business must bring in at least $15,000 monthly revenue with 6 months’ time in business. To get this deal, you must provide the application and 6 months of business bank statements.

Fundbox

Get a line of credit from Fundbox. Fundbox just wants to know about your cash flow when deciding whether to fund your business. Fundbox will connect straight to your online accounting software. That’s all you need to do. You can get a revolving line of credit for up to $100,000. Fundbox will auto debit your weekly payment from your bank account. You don’t need to show a particular personal credit score. And you don’t need to show a certain time in business.

Fundbox: Terms and Qualifying

Pay in equal installments over the course of a 12 or 24 week plan. Available credit replenishes as you pay. There are no penalty to repay early. Your business must be American. You must have a 600 or better personal FICO score, and $100,000 or more in annual revenue. Also, you must have a business checking account. Ideally you must have 6 months in business or more.

Demolish your funding problems with 27 killer ways to get cash for your business.

PayPal Working Capital Loan

You can get a loan from PayPal. But you must already have a PayPal business account. There is no personal guarantee. Loan amounts and eligibility depend on your sales via PayPal. So applying won’t result in a credit check.

PayPal Working Capital Loan: Terms and Qualifying

The maximum loan amount depends on your PayPal account history. To be eligible, you must have a PayPal Premier or Business account for 90 days or more. Also, you must process at least $20,000 in annual PayPal sales if you have a Premier account, or at least $15,000 in annual PayPal sales if you have a Business PayPal account. Pay off any existing PayPal Working Capital loan.

Since automatic repayments get deducted as a percentage of each PayPal sale,  the amount you repay each day changes with your sales volume. The more you sell, the more repayment progress you’ll make that day. On days without sales, you’ll make no payments, but you must repay something at least every 90 days.

Depending on the loan terms you choose, you must pay at least 5% or 10% of your total loan amount (loan + the fixed fee) every 90 days. The 5% minimum applies to loans estimated to take 12 months or more for repayment. This has a basis in your business’ past PayPal sales and other factors. The 10% option applies to loans estimated to be repaid within 12 months.

Square

You can get loans through Square. Applying will not affect your personal credit score. Loan eligibility comes from several factors related to your business, including its payment processing volume, account history, and payment frequency.

You can get $300 to $250,000. Borrowers get a customized offer with a basis in their card sales through Square. Then they choose their loan size. You will pay no interest, just an ongoing flat fee

Square: Terms and Qualifying

There are no ongoing interest charges. Instead, you will pay one fixed loan fee to borrow the loan. The fixed fee is the difference between the total owed amount and the initial loan amount. The fixed fee will never change, regardless of how fast or slow the loan is repaid. It is automatically deducted until you pay back your loan in full. If sales are up one day, you pay more; if you have a slow day, you pay less. At least 1/18 of the initial balance must be repaid every 60 days.

They don’t want collateral for business loans of $75,000 or less. For loans amounts over $75,000, they take a security interest in your business assets. Then they will file a UCC statement with the Secretary of State where your business is organized. There is no personal guarantee.

Demolish your funding problems with 27 killer ways to get cash for your business.

Cash Flow Financing: Takeaways

There are several options for business funding that depend on your cash flow. Some are available through Credit Suite. There are also online options, such as through PayPal and Square. Contact us today for help with your options.

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22 Marketing Techniques That Cost You Time, Not Money

23 Marketing Techniques That Cost You Time, Not Money

Here is a common situation many startups face. They have no money, but they have to do marketing.

What can they do?

Instead of focusing on costly marketing methods, such startups must focus on low-budget marketing hacks.

The beauty of growth hacking is that it engages alternate methods of growth, methods which are sometimes lower cost.

Where marketing and engineering meet, growth hacking happens.

Obviously, growth hacking isn’t free. Strictly speaking, none of the techniques in this article are “free.” Anytime you involve people, employees of the company, there will be payroll and associated costs.

But here’s why these (mostly) free marketing techniques are so powerful. They don’t require a huge marketing budget. All you need is some time, some savvy, and the kind of focused and driven perspective that smart marketing requires.

1. Get Links from Your Service Providers

To rank well, a website needs high-quality backlinks. Where do you get these backlinks? Obviously, buying links is not advised. What should you do?

If you’ve built partnerships with service providers or business partners, you have an instant source of untapped link potential. Reach out to these service providers and ask them to link to your website.

You gain a few nice links, and all it cost you was a few minutes of emailing.

2. Search for Unlinked Mentions

Another great way to get links and boost your site authority is to look for unlinked mentions of your brand or company name.

If you find such mentions in online publications or websites, email the site editor and ask them to provide a link. You might discover plenty of brand mentions all over the web.

A quick search and a few emails later — presto. Free backlinks. The good kind.

3. Host a Webinar

Free webinars introduce your brand and product to a wider audience. The more appealing the topic, the better you’ll attract interest.

Webinars take time. You’ve got to brainstorm topics, plan the webinar, and spread the word. The benefits, however, are top-notch.

4. Cross-Promote

One explosive method of marketing that some companies use is cross-promotion. Cross-promotion allows you to partner with related businesses who can market your services, in exchange for marketing their services.

For example, if you are providing consulting services for online business owners, you may recommend that they use a certain web designer to create their website. The web designer is your cross-promoting partner. This web designer works with business clients, and she points these clients your way for consulting services.

It’s a win-win, and apart from a signed document and an easy conversation, it doesn’t require much work at all.

5. Be a Blog Commenter

The idea of marketing is to make your brand presence as well known as possible. One way of doing so is by commenting on blogs. Here’s how this works:

  • Identify the top 5 blogs in your niche.
  • Read and comment on the blogs on a regular basis.
  • As people see your name and associated brand, they become familiar with it and perhaps even curious about it.

With every comment, you’re establishing a persistent brand presence. Just make sure you’re not making dumb comments. Customers’ perception of your brand is shaped by the quality of your comments.

6. Help a Reporter Out

Occasionally, you’re going to come across some newsworthy information in your niche or business. Sign up for Help a Reporter Out (HARO). It’s a free service that reporters often use to find stories. If you have a story you can help a reporter out, and gain publicity.

7. Network in Person

Don’t neglect the opportunity to market in person. You’ll meet great people in person whom you may never come across online.

Every person you meet is another marketing possibility. Obviously, you don’t want to go around shoving your business into people’s faces, but as the issue of work comes up in conversation, tell them about it.

The whole idea of networking is basically marketing. You get to introduce other people to your business live and in person.

8. Run a Contest

As much as they’ve been sullied and scammed, online contests are still a great way to get low-cost marketing publicity. Giving away the cliche iPad, cash prizes, or other merchandise is an easy way to gain some viral potential and improve your brand’s image.

9. Build a Referral Program

The best forms of marketing are those that you can set up, turn on, and grow — organically, automatically, and without too much effort. A referral program or affiliate program may not work for every business, but it’s worth a try.

Creating an affiliate program essentially turns your customers into a de facto marketing department. You don’t spend marketing money unless they first make a sale on your behalf.

10. Tweet Up a Storm In Your Niche

Twitter is a killer marketing platform. With its instant reach and massive output, Twitter can produce high levels of referral traffic, plenty of brand exposure, and nonstop social buzz.

What I suggest is following at least ten influencers in your niche, following their followers, retweeting their tweets, and mentioning them in comments. As you associate with their platform, you’ll begin to build your own platform.

11. Upsell Your Existing Customers

Too often, we view “marketing” solely as a method of gaining new customers. In reality, some of the best marketing happens with existing customers.

Marketing back at your own customers is relatively easy and low-cost. The benefits are extraordinary.

12. Get Cozy With Niche Influencers

Within every industry are a group of power players. They control the conversation, shape the contours of the market, and reach a huge audience.

Make these people your friends. You don’t need to be schmoozy about it. You can be direct. Providing them with a product or partnering with them on a project are simple and mutually helpful ways to grow your brand and ride their wave of influence.

13. Claim a Hashtag

Hashtags are the billboards of the Internet. Since hashtags are now available on every major social platform, you can create a hashtag for your business and use it everywhere you post.

A hashtag is a searchable and interactive extension of your brand and has the potential to spread virally.

14. Get More Email Addresses

Growing your email list is one of the most enduring and effective methods of marketing. I suggest using Hello Bar as a simple and cost-effective way of harvesting more addresses.

15. Get More User-Generated Content

Everyone knows that content marketing is effective for inbound marketing. If you’re not careful, however, content marketing can be expensive. How can you gain more content without blowing your entire marketing budget?

The answer is user-generated content. Motivate your existing fans and customers to tell their own story and write content, and you’ll instantly open the floodgates to tons of fresh and engaging content that your audience will love. Your fans will be creating and sharing content for you.

16. Talk to Your Fans

Customers and fans love to be loved. The way you show that love is by retweeting, favoriting tweets, liking the comments, and sharing their status. Don’t simply expect that your social media presence is going to work for you. You have to work for it, by talking to your fans.

They will return the favor and engage at a deeper level.

17. Produce High-Quality Press Releases

Press releases have passed their heyday as an SEO tool, but they still hold sway in marketing. If you use a source like PRWeb, you’ll be out a few hundred bucks anytime you pop out a press release.

A source like PRLog.org, however, is free of charge. The amount of syndication you get may not be as high quality, but it’s something. And, hey, it’s something for nothing.

Just be sure to write very high-quality releases, and nofollow any links back to your website.

18. Hack Craigslist

Craigslist is one of the most popular websites in the world. Airbnb and its high money valuation used Craigslist to skyrocket its growth. You can use Craigslist, too. Try using Craigslist’s geographic focus to target specific areas and markets.

Make sure that you’re complying with the site’s terms of service. Use Craigslist in the way that it was intended. Violators will be banned from the site.

19. Blog

I can’t create a list of marketing techniques without mentioning blogging. A business blog is an indispensable strategy for online marketing. Use it, work at it, and make it work for you.

If you’re frustrated with the current condition of your business blog, read these 35 tips that will make it better. If you’re struggling with traffic, read this post.

20. Guest Blog

If blogging is awesome, then guest blogging is doubly awesome. When you post an article on another blog, you are instantly gaining that blog’s audience. The cost of guest blogging is free, less the time you spend. Create a killer article, appeal to the blog’s audience, and you may be invited back to contribute more.

I’ve used guest blogging with incredible success. My 300-and-counting guest blogs are still paying me back in terms of referral traffic, leads, and customers.

21. Create a LinkedIn Group

LinkedIn is free, and yet it gives you incredible marketing opportunities. Many professionals use LinkedIn as a static social media tool — a place to put up their resume, and not much else.

LinkedIn is so much more than an online resume. I’ve used LinkedIn to publish content, connect with powerful people, and build a marketing group with thousands of members.

All of this cost me zero dollars and zero cents, but the marketing upside has been incredible.

22. Give Free Help to Others

If you make marketing all about you and your business, you’re going to be frustrated and unfulfilled. Try giving to others, free of charge.

Obviously, you’re not a charity; you’re a business. But why not give away a product, an hour of your time, or a membership for a customer who can’t afford your services?

Some of the best business opportunities I’ve had were consulting gigs with customers who couldn’t pay. These opportunities have been beneficial in ways that I couldn’t have predicted.

Even today, I give away virtually all of my content without charge. Doing so is fulfilling for me personally, and it provides an opportunity for improved marketing.

Free Marketing Techniques Frequently Asked Questions

What are some free marketing ideas?

Some ideas for free marketing include guest blogging, link building, creating social media groups built around your industry or brand, commenting on other blogs, and creating your own blog.

Is it possible to do marketing for free?

Yes, there are plenty of marketing techniques that are completely free.

Does guerilla marketing work?

When done correctly, guerilla marketing can help increase brand awareness.

Is it free to market on social media?

There are plenty of ways to market for free on social media. You can create groups, engage with influencers, use popular hashtags, create content with CTAs to your website, and more.

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Free Marketing Techniques Conclusion

Marketing doesn’t have to break your bank, blow your budget, or cost you thousands of dollars. Like I mentioned at the beginning of this article, marketing can require nothing more than the investment of time.

Chances are, you can increase your marketing presence today by implementing one of these methods. Pick one and run with it.

What is your favorite no-cost marketing technique?

Do You Need Business Credit Cards for Bad Credit?

Yes, there are Credit Cards for Bad Credit

Are you looking for credit cards for bad credit?

We researched lots of company credit cards for you. So, here are our choices.

Per the SBA, business credit card limits are a whopping 10 – 100 times that of personal credit cards!

This shows you can get a lot more money with company credit cards.

And you will not need collateral, cash flow, or financials to get small business credit.

Business Credit Cards for Bad Credit: Benefits

Benefits can vary. So, make sure to pick the benefit you would prefer from this selection of alternatives.

And always check rates on the appropriate website to get current specifics.

Trustworthy Credit Cards for Bad Credit, Not Calling for a Personal Guarantee

Brex Card for Startups

Look into the Brex Card for Startups. It has no yearly fee.

You will not need to provide your Social Security number to apply. And you will not need to supply a personal guarantee. They will take your EIN.

Nevertheless, they do not accept every industry.

Likewise, there are some industries they will not work with, as well as others where they want more paperwork. For a list, go here: https://brex.com/legal/prohibited_activities/.

To determine creditworthiness, Brex checks a company’s cash balance, spending patterns, and investors.

You can get 7x points on rideshare. Get 4x on travel. Likewise, get triple points on restaurants. And get double points on recurring software payments. Get 1x points on everything else.

You can have bad credit (even a 300 FICO) and still qualify.

Find it here: https://brex.com/lp/startups-higher-limits/

Secure Corporate Credit Cards for Bad Credit

Capital One® Spark® Classic for Business

Have a look at the Capital One® Spark® Classic for Business. It has no annual fee. There is no introductory APR offer. The regular APR is a variable 26.99%. You can earn unlimited 1% cash back on every purchase for your company, without any minimum to redeem.

While this card is within reach if you have average credit scores, beware of the annual percentage rate. However if you can pay on schedule, and in full, then it’s a bargain.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/

 

Score the best business credit cards for your business.  Check out our professional research.

Gas Credit Cards for Bad Credit

You can get gas cards via our Business Credit Builder.

Our Business Credit Builder is full of amazing business credit cards. And that includes gas cards! These cards are starter vendors. We know they report to business credit reporting agencies. Whether you’re new to business credit building, or have been at it for a while, it pays to get these cards.

Marathon

Marathon Petroleum Company provides transportation fuels, asphalt, and specialty products, throughout the United States. Their comprehensive product line supports commercial, industrial, and retail operations. This card reports to Dun & Bradstreet, Experian, and Equifax. Before applying for multiple accounts with WEX Fleet cards, make sure to have enough time in between applying so they don’t red-flag your account for fraud.

Your Social Security Number is necessary for informational purposes. If concerned they will pull your personal credit talk to their credit department before applying. You can give a $500 deposit instead of using a personal guarantee, if in business less than a year. Apply online. Terms are Net 15.

Qualifying for Marathon Credit Card for Bad Credit

In order to qualify, you need:

  • Entity in good standing with Secretary of State
  • EIN number with IRS
  • Business address- it has to be matching everywhere.
  • D-U-N-S number
  • Business License- if applicable
  • Also, a business Bank account
  • Business phone number listed on 411

Get it here: marathonbrand.com.

76

76 is owned by Phillips 66 Company. They sell gas in more than 1,800 retail fuel sites in the United States. This card reports to Dun & Bradstreet, Experian, and Equifax. And it can be used at any P66, 76, or Conoco fueling location.

Your Social Security Number is necessary for informational purposes. If concerned they will pull your personal credit, talk to their credit department before applying. If not approved based on business credit history or been in business less than 1 year, then a $500 deposit is needed or a personal guarantee (PG). Apply online or over the phone. Terms are Net 15.

Qualifying for Credit Cards for Bad Credit from 76

In order to qualify, you need:

  • Entity in good standing with Secretary of State
  • EIN number with IRS
  • Business address- it has to be matching everywhere
  • D-U-N-S number
  • Business license- if applicable
  • Also, a business bank account
  • Business phone number listed on 411

Get it here: 76fleet.com.

Score the best business credit cards for your business.  Check out our professional research.

Wex Fleet Card

Wrights Express (WEX Card) offers universal fleet cards, heavy truck cards, and universally accepted business fleet cards. These cards have features that support small business, including a rewards program.

Before applying for multiple accounts with WEX Fleet cards, make sure to have enough time in between applying. This way, they won’t red flag your account for fraud. This card reports to Dun & Bradstreet, Experian, and Equifax.

If you’re not approved based on business credit history, or been in business a 1 year, then a $500 deposit is needed or a personal guarantee. Apply online or over the phone. Terms are  Net 15 for a WEX Fleet Card, Net 26, and Revolving for a WEX Flex Card.

Qualifying for a Wex Fleet Card

In order to qualify, you need:

  • Entity in good standing with Secretary of State
  • EIN number with IRS
  • Business address- it has to be matching everywhere.
  • D-U-N-S number
  • Business License- if applicable
  • And a business Bank account
  • Business Phone Number Listed in 411

Get it here: wexinc.com/solutions/fleet-management

Fleet Credit Can Help with More than Fuel and Maintenance

All forms of business credit can help you build good business credit scores, as business credit is mainly based on your payment history. As a result, fleet credit can help your business eventually get funding, such as loans and other forms of financing.

Score the best business credit cards for your business.  Check out our professional research.

The Very Best Small Business Credit Cards for You

Your straight-out ideal company credit cards depend upon your credit history and scores.

Just you can choose which features you want and need. So, to do your research. What is outstanding for you could be disastrous for another person.

And, as always, make sure to develop credit in the recommended order for the best, speediest benefits.

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