Author: Leo Hopkins

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Ryze | Senior Product Engineer (React Native, Typescript) | Atlanta/Remote

At Ryze, we are building a global neobank that merges Bitcoin, Dollars, and Stablecoins into one account. Our goal is to enable the billions of people around the world that have been left out of existing financial systems, to attain financial freedom through open monetary networks.

We are a well funded seed-stage comopany, backed by great investors, founders, and executives who have funded and built companies like Coinbase, Public, Figma, Flexport, Pipe, Cameo, and many more.

Our product is mobile-first and built with React Native, Typescript, and Expo on the frontend. We use MobX for state management. Postgres for storage. Java and Go backend. Our infrastructure is built on AWS, Docker, and Terraform.

We are looking for great engineers and the following:
– You are highly experienced in building beautiful mobile applications and keep up with the cutting-edge technologies for all things mobile.
– You love writing and documenting high-quality code and enjoy bringing products to life, end to end.
– You have an eye for subtle detail and great design.
– You enjoy working with users to improve the product.

As one of our earliest team members, you will help set the foundation for our product and engineering culture, and help prioritize our roadmap.

If this sounds interesting to you, please email us at jobs at joinryze dot com or apply here: https://angel.co/company/joinryze/jobs/1454507-senior-softwa…

How to Choose The Right Marketing Automation Agency

If you visit the websites of Salesforce, Marketo, HubSpot other top marketing automation tools, what would you see? 

Lofty promises to grow revenue, get more leads, and make your prospects happier.

I wish it was that simple.

These tools have a ton of power but no one gets that benefit right after they sign up. It takes a ton of work to set up and manage these tools correctly.

Having the right agency to help you wield that power to set up a lead generation machine for your business. 

Choosing the right marketing automation agency partner will save you a ton of time and get you a lot more leads.

That’s exactly what I’ll walk you through in this article.

So how do you know if a marketing automation agency is a good idea?

Know Your Goals & Desired Outcomes

One of the best ways to avoid marketing automation failures is to plan ahead of time. 

What do you want to achieve with marketing automation? 

By setting a good goal, you’ll have a much easier time picking the right agency. And they’ll be more successful.

Let’s explore some examples. 

Example #1: Get the right content to the right people

Imagine for a moment that you visit the pricing page of a software product after clicking through from a content piece sent to you via email. 

Five minutes in, you’re scrolling through the various pricing tiers, not sure what plan to purchase. 

Still confused and undecided, you decide to take your leave. But just when you wanted to exit the page, a pop-up covers the pricing page. 

It has a message that reads: 

“Don’t know which plan to choose? Read our FREE guide on what each plan gets you.” 

You go ahead and open the guide, read it, and finally decide on what plan to choose. However, other events take your time and you forget to complete your purchase at that time. 

The next day, you receive an email notification from that company. It reads: 

“Hey [insert your name], ready to choose a plan now? See how [a competitor in your same industry] used our tool to increase sales by 31%.”

You loved what you read, and go on to finally make that purchase. 

That’s an example of marketing automation using great content to pull people down the funnel instead of pushing them.

At each step, the exact right content hits the prospect at the exact right time. And it happens automatically without anyone of your team triggering it.

Setting up campaigns like this can have a dramatic impact on moving prospects down your funnel.

Example #2: Keeping your data clean for consistent follow-up

Let’s say your business keeps growing.

Now you’re getting leads from everywhere. Phone calls, email, demo request forms, social media, events, partners, it goes on and on.

Even worse, leads from the same company start coming in on different places.

Without the right tool and data management, different sales reps will follow up with different people. That’s a recipe for losing a deal unless your team stays coordinated.

The right marketing automation tool with the right setup will help you maintain control. It’s the only way to keep your close rates high.

But even when you know what you’re after, you’ll still find dozens of agencies vying for your business. 

So, what characteristics should you look out for when choosing one?

6 Characteristics That Make a Great Marketing Automation Agency

1. Do they have an area of specialization?

Exceptional marketing automation agencies usually have an area of expertise.

As you saw in the second example above, some only partner with companies to install, implement, or optimize automation on Marketo Cloud, Salesforce, and others. 

Others can hack different tech stacks together for companies on a budget. 

You’ll also find some specializing in training and working closely with in-house marketing teams to achieve set marketing automation goals.  

Who you choose to work with depends on your needs, so an essential characteristic to look out for is whether the agency specializes in that area. 

For instance, at Neil Patel Digital, content marketing drives our automation programs. 

We start by getting the engaging content to the right people at the right time.

2. Do they have in-house, diversified experts?

Marketing automation requires a ton of different skills in order to do right.

At the very least, you’ll need:

  • Deep experience with the tools themselves
  • Lead generation
  • Copywriting
  • Content marketing
  • Specific channel expertise (social, events, paid, SEO, etc)
  • Sales operations knowledge for smooth handoffs
  • Funnel design
  • Lead nurturing 

And that’s just the beginning. Whoever you’re working with, make sure they have strong enough skills in all these areas.

3. Do they offer relevant, related services?

Marketing automation isn’t a growth silver bullet. 

It makes a huge impact when it plugs seamlessly into all your other marketing channels and campaigns.

If you really need serious results from your marketing automation, I’d look at agencies that have deep experience beyond marketing automation itself.

Take my agency, Neil Patel Digital, for instance. 

Although we help clients with marketing automation, we offer related services like programmatic marketing, data analytics, and others. In addition to the core marketing services you’d expect from a top-tier online marketing agency.

Why is this helpful?

Getting your entire funnel and brand to work consistently across every touchpoint has massive leverage.

4. Do they have clients’ portfolio(s)?

This one needs no explanation. 

All experienced marketing automation agencies have a host of past and existing clients in their portfolio. 

Look for similar clients to yourself in order to decide whether the agency is a good fit.

5. Do they have real customer testimonials?

How past clients feel about working with a marketing automation agency is an essential characteristic to look for before you partner with one. 

And you’ll find this in their customer testimonials. 

Just by going through the testimonials and case studies on an agency’s site, you can tell if they’re worth the fee.

6. Do they have a great company culture?

Most companies omit this characteristic when ticking the criteria for choosing an agency of any kind. 

You shouldn’t!

It is important that you work with an agency whose company culture aligns with your business values, as most marketing automation partnerships are usually long-term.

This ensures that the marketing automation systems, funnels, and campaigns will align with the way you do business. Then you won’t have to rip everything out later.

When marketing agency projects truly fail, it’s usually a culture mismatch with the client.

How to work with a Marketing Automation Company 

Let’s look at the steps you can take to ensure a smooth working relationship with any agency you choose. 

1. Filling an inquiry form

Filling an inquiry form is usually the first step towards showing your interest to work with a marketing automation agency. 

It’s usually really easy to find on the agency’s website.

2. Prepare for a discovery call

Expect the discovery call to be much more detailed than calls for other marketing projects.

Marketing automation serves as the backbone to your lead funnel. It touches every campaign, multiple divisions in your company, and isn’t easy to see form the outside.

So any good marketing automation agency will want to spend a lot of time here to understand where you’re currently at.

Only then will they have any chance at helping you get to your future goals.

3. Expect unique, strategic recommendations

Excellent marketing automation companies take what you told them when filling their inquiry form and over the discovery call as the foundation for conducting further research. 

The goal of this research is usually to gain more clarity about your needs and to make strategic marketing automation recommendations unique to your needs. 

Most companies would send these recommendations via email or hop on another call to discuss it over with you. 

4. A proposal or work contract 

Followed by the unique, strategic MA recommendations you should expect in the process of partnering with an agency is a proposal or contract. 

This document outlines and details what your company would get working with them. It also states the cost implications and other requirements for working together. 

5. Official client onboarding

A lot of mutual understanding is needed to ensure you get the most out of a working relationship with a marketing automation agency. 

You may need to invest in tech stacks, re-examine your business and marketing strategy, or retrain your staff. 

To ensure both parties are aligned on the job to be done and the responsibilities each party must perform to ensure everything works out well, prepare your team for an official client onboarding. 

What You Get From a Great Right Marketing Automation Agency

When you choose a marketing automation agency, you’ll:

  • Align your marketing processes with your marketing strategy 
  • Pick the right marketing tech stack 
  • Generate more leads and move leads down your funnel more efficiently
  • Have the data you need to optimize your funnel for better conversions 

The 5 Best Marketing Automation Companies

We reviewed and profiled the top marketing automation companies based on their areas of specialization. 

#1 Neil Patel Digital – Best for Content Marketing Automation

A core goal of marketing automation is to deliver the right content to the right people just when they need it, whether that is on social media or email sequence.

Irrespective of your MA set up, content is the foundation for so many parts of your funnel. At every stage, buyers are looking for helpful content in order to make better decisions.

Not only must you create excellent content, you also need to deliver the right content to the right person at the right time.. 

For my team at Neil Patel Digital, that’s our specialty: 

As you know, I practice what I preach. 

I’ve built and managed enormous content machines for countless businesses over the years. And the majority of them have been automated. My team and I know exactly how to get the most out of every piece of content for every step of a funnel.

AYou can talk to my team about content marketing automation here. 

#2 LeadMD – Best for Tech Stack Integration

For marketing automation to free you and your team from mundane tasks, you must integrate the right tech stack.  

And this is one area LeadMD comes highly recommended due to their expertise of setting up complicated marketing infrastructure and aligning it to your strategy, 

. 

LeadMD is one of the most reputable marketing automation companies. And their integration expertise has earned clients like IBM and eBay.

#3 CS2 Marketing – Best for Marketing Data Operations

Cs2 Marketing earns its place on our top list of marketing automation because of its experience, leveraging the power of data to power essential automated marketing campaigns.

And dozens of the top tech brands trust CS2 Marketing for its expertise, using data operations to drive automated marketing processes and business.

CS2 Marketing has generated more than $1 billion in pipeline revenue for its clients.

#4 Bluewolf – Best for Salesforce Automation

Bluewolf is our recommended marketing automation agency for marketing automation on Salesforce:

Marketing automation isn’t just about your MA tool, everything has to work perfectly with your CRM. You’ll need experts that know how to integrate the two. 

Bluewolf’s clients include T-Mobile, IBM, Autodesk, and others.

#5 Perkuto – Best for Marketo Automation

Perkuto is the leading agency for Marketo. If you need to get ultra fancy with your Marketo implementation, reach out to them.

Perkuto’s team of over 50 automation strategists, marketers, and hardcore engineers help companies make the most of their Marketo implementation.

Reach out to specialists like Perkuto if:

  • You have an extremely complicated funnel to implement
  • Internal teams or agencies have botched a previous install that you need to untangle
  • Other agencies have previously failed at wrangling your funnels

What’s most important when choosing a marketing automation agency?

It depends on your needs.

Do you need help implementing or optimizing your marketing automation tech stack?

Choose an agency with experience in working with your tech stack of choice. 

Do you have challenges making sense of your marketing touchpoints?

Then go with a marketing automation agency specializing in data operations.  

Do you want to get the absolute best ROI from every dollar invested into marketing automation?

Then work with an agency that has deep experience across marketing channels, knows how to get the entire marketing funnel working together, and will use marketing automation to accelerate the marketing KPIs for your entire company.

The post How to Choose The Right Marketing Automation Agency appeared first on Neil Patel.

The Great Back Door Secret to Creating Wealth

The Great Back Door Secret to Creating Wealth

There are some actions of prep work you do not desire to miss out on if you’re interested in producing riches. While there is a terrific back entrance key to producing riches, the roadway to finding that secret varies from one person to another. Allow’s check out some basic methods you can get going on that particular roadway as well as just how these actions relate to your day-to-day live.

Research concerning Attracting Wealth

This could appear evident, yet possibly among the very best methods to produce wide range is to research exactly how others have actually done it in the past. Pick meticulously whose life as well as which techniques of producing wide range you examine. Some individuals have actually developed riches with not-so-honest methods, as well as you’ll most definitely wish to remain satisfied as well as truthful while drawing in riches in your life.

Look for their “excellent back door trick” to bring in riches. Maybe they began going door to door as salespersons or begun as a staff and also functioned their means up to the setting of head of state or vice head of state of a huge firm. You can discover lots of publications composed by well-off males as well as ladies or go online to check out regarding just how to be effective.

Identify What Brings You Happiness

Riches indicates absolutely nothing without joy. The fantastic information is you can do both. Why not do what you enjoy most while all at once bring in wide range?

Establish Goals for Financial Freedom

Establish some objectives for your organisation by making a note of the earnings you want to gain this coming year, in 5 years, and also 10 years from currently. Make sure to develop objectives for both the short-term and also long-term, and also compose a service strategy with the actions required to get to the objectives. Develop a spending plan for your brand-new endeavor to figure out investing for advertising and marketing, stock (if relevant), as well as regular operating costs.

Producing Wealth by Helping Others

You will certainly bring in riches as you assist others understand their desires. You can do this by locating out the troubles and also issues others might have in organisation or also in their individual lives, and also after that produce options for them. If you’re interested in wellness and also physical fitness, you can establish solutions or items to aid others lead a much healthier life.

Once you find your very own abilities as well as possibility, producing wide range is not so challenging. This excellent back entrance key is easy to recognize, however lots of people are so active treking along in their present work that they never ever make an initiative to much better themselves. Maintain a favorable frame of mind as you grab your objectives and also you’ll quickly be bring in wide range like never ever prior to!

If you’re interested in developing riches, there are some actions of prep work you do not desire to miss out on. While there is a wonderful back door key to producing wide range, the roadway to uncovering that secret varies from individual to individual. Pick very carefully whose life as well as which techniques of developing wide range you examine. Some individuals have actually produced riches via not-so-honest ways, as well as you’ll absolutely desire to remain satisfied as well as sincere while drawing in wide range in your life.

Producing riches is not so tough once you find your very own abilities and also possibility.

The post The Great Back Door Secret to Creating Wealth appeared first on ROI Credit Builders.

How to Check Business Credit Score: Know What’s Going On

It is important to know how to check business credit score for a few reasons.  First, you just need to know what is going on with your business credit. Why does it matter?  Because business credit is one of many things that can affect the fundability of your business.  Do you know how to check business credit score reports? 

How to Check Business Credit Score: Your Fundability Will Thank You

Here’s the thing.  While a lot of things affect the fundability of your business, not all the things affect it equally.  Truly, there are many pieces to the puzzle. Business credit is like one big piece that fits right in the middle.  As a result, you have to know how to check it to get a feel for what is happening with your fundability.

Keep your business protected with our professional business credit monitoring.

How to Check Business Credit Score: What You Need to Know

How to Check Biz Credit Score Credit SuiteHowever, before we dive into how to check business credit, there are a few things you need to know.  For example, there are a lot of companies that issue a credit score for your business.  Next, each company offers more than one report.  Lastly, these reports contain much more information than just the credit score.  

Furthermore, there is no way to know which company a lender will use to check your business credit.  It could be all, one, or any combination. In addition, lenders actually apply their own formula to the information in the report to calculate a score that they feel is most useful to them.  As a result, they may not even use the score you see after you figure out how to check it.  

Honestly, all of these things are out of your control.  What you can control, to a point, is the information on the report.  Like, does it contain positive information?  Is the information on it accurate?  See, these are things you can work with. If the information lenders are seeing is both positive and accurate, you should be in good shape. Still, you cannot do anything about the information on the reports unless you know how to check your business credit score.  Then, you need to understand what it means, how it is calculated, and how lenders use it.  So here we go. 

How to Check Business Credit Score: Dun & Bradstreet

Basically, Dun & Bradstreet offers six different reports. For sure, the one utilized most often by lenders is the PAYDEX. Likely, this is due to the fact that it is the one most like the consumer FICO score. Similarly, it measures how quickly a company pays its debt on a scale of 1 to 100. Mostly, lenders like to see a score of 70 or higher.  To put it in perspective, a score of 100 reveals the firm makes payments ahead of time. A rating of 1 shows they pay 120 days late, or more.

Together with PAYDEX, they offer the following.

Delinquency Predictor Score

This rating determines the likelihood the company will not pay, will be late paying, or will come under bankruptcy. For scoring, the range is 1 to 5, with 2 being a good score.

Financial Stress Score

As you might imagine, this is a measurement of the stress on a firm’s balance sheet. It shows the possibility of shutting down within a year. The range is 1 to 5, and a 2 is good.

Supplier Evaluation Risk Rating

In contrast, this is a ranking that predicts odds of a firm surviving one year.  It ranges from 1 to 9, with a 5 being a good score.

Credit Limit Recommendation

As the name implies, this is a recommendation for the amount of debt a company can handle. Financial institutions usually use it to establish how much credit to extend.

D&B Credit Rating

This is an estimation of overall business risk on a scale of 4 to 1, where a 2 is considered good.  The smaller the number the better.  The rating is given in conjunction with letters, the combination of which shows a company’s net worth. 

Consequently, if there isn’t enough data on a company to give it  a rating, an alternative score is assigned. This is called a credit approval score.  It is based on the number of employees. They will use any data they have available to calculate this alternative rating.  That means, a company can control this to a point by ensuring D&B has all of the information they need.

Keep your business protected with our professional business credit monitoring.

Commercial Credit Score

Along with the PAYDEX, Dun & Bradstreet releases a commercial credit report.  It has three parts. Each shows how likely the business is to default on expenses or become seriously late on payments.

Commercial Credit Score

On a range of 101 to 670, the commercial credit score anticipates the likelihood of a firm making late payments. A rating of 101 indicates it is very likely that this will happen. Likewise, a score of around 500 is good.

Commercial Credit Percentile

For this, the scale goes from 0 to 100. It shows the chance of delinquency too. However, it determines this versus other companies in the Dun & Bradstreet system. A rating of 1 is the highest possible probability versus other companies. The majority of loan providers believe a rating of 80 or higher is good.

Commercial Credit Class

Basically, this is an way of dividing businesses into classes based on the chance of delinquency. Firms in class 1 are the least likely to be overdue. Likewise, if you are in class 2, that’s great.

How to Check Business Credit Score: Experian Business Credit Scores

Experian gathers data from a lot of the same sources as Dun & Bradstreet. As a result, their reports are similar.  There are a few key differences in sources, calculation, and also presentation however.

Intelliscore Plus

For example, Experian uses the Intelliscore Plus credit score.  It shows statistics-based credit risk. As a result, it is a highly predictive score that can help users make well-informed credit decisions. 

The Intelliscore scores range from 1 to 100, with a higher score indicating a lower risk class. 

Score Range Risk Class

Low Risk 76-100
Low-Medium Risk 51-75
Medium Risk 26-50
High-Medium Risk 11-25
High Risk 1-10

 

Experian’s Blended Score

The blended score is a one-page report.  It provides a summary of the business and its owner.  A combined business-owner credit scoring model works better than a business or consumer only model.  In fact, blended scores typically outperform consumer or business scores alone by 10 – 20%.

Experian Financial Stability Risk Score (FSR)

FSR predicts the potential of a business going bankrupt or not paying its debts.  Consequently, this score identifies the highest risk businesses by using payment and public records. They look at a number of variables, some of which include: 

  • high use of credit lines
  • severely late payments 
  • tax liens 
  • judgments 
  • collection accounts 
  • risk industries 
  • length of time in business 

How to Check Business Credit Score: The Equifax Service Credit Rating

Similarly, Equifax shows three different points on its corporate credit report. These include: 

Equifax Payment Index

Similar to PAYDEX, Equifax’s payment index is a measurement on a scale of 100. It shows how many of your small business’s payments were made on time. Like the others, it uses data from both creditors and vendors. However, it’s not meant to anticipate future behavior.  In fact, that is what the other two scores are for.

Equifax Credit Risk Score

This score shows the likelihood of your company becoming severely delinquent on payments. Scores range from 101 to 992 and include an evaluation of:

  • Available credit limit on revolving credit accounts, including credit cards
  • Company size
  • Proof of any non-financial transactions that are late or were charged off for two or more billing cycles
  • Length of time since the opening of the oldest financial account

Equifax Business Failure Score

Equifax’s business failure score takes a look at the risk of your business shutting down. It runs from 1,000 to 1,600 and bases its scoring on these factors:

  • Total balance to total current credit limit in the past three months
  • The amount of time since the opening of the oldest financial account
  • Your small business’s worst payment status on all trades in the last 24 months
  • Proof of any non-financial transactions (like merchant invoices) which are late or are on a charge off for two or more billing cycles

For the credit risk and the business failure scores, a rating of 0 means bankruptcy.

Equifax Scores

A positive Equifax score for your business is as follows:

  • Payment Index 0 to 10
  • Credit Risk score 892 to 992
  • Business Failure score 1400 to 1600

Are These the Only Agencies That Issue Business Credit Reports? 

In short, no.  Actually, there are a lot of other agencies that will issue a business credit score.  Furthermore, part of knowing how to check business credit score is knowing which company you need to check with.   These, however, are known as the big three.  If you want to view your whole report, including your score, you can pay for a credit report. Since these are the most commonly used, you need one from each of them. Still, there has been an increase in the use of another option recently.  It’s the FICO SBSS.

Keep your business protected with our professional business credit monitoring.

How to Check Business Credit Score: FICO SBSS?

First, the FICO SBSS is the business variation of your personal FICO credit report. However, unlike your personal FICO, the SBSS reports on a scale of 0 to 300. The higher the score the better. Still, the majority of loan providers demand a rating of least 160.

Exactly how is the FICO SBSS Scored?

Surprisingly, it is significantly different from other business credit scoring designs. For example, the SBSS utilizes your corporate credit score and individual credit rating. In addition, it makes use of monetary details like business assets and income. As you can see, the goal is to give an overall financial picture with one rating.

Business owners cannot access their FICO SBSS by themselves. There is a proprietary formula for score computations. FICO does not make that information public. The result is, you go into lending institutions blind as to what your FICO SBSS credit rating might be. 

Furthermore, lenders can choose how certain factors are weighted in the computation of your score.  This means your FICO SBSS could actually be different from one lender to the next. For example, one lender could put more weight on your business payment history, while another could lean more on your personal credit score. 

What does all of this mean?  It means that you actually cannot check your business credit score from FICO SBSS yourself.  The best you can do is handle your credit responsibly and make sure the other aspects of fundability are in order.  If all you put out there going forward is positive information, your FICO SBSS should follow suit and be positive as anything negative drops off over time. 

How to Check Business Credit Score: Credit Monitoring

If you want to know how to check business credit score on an ongoing basis, credit monitoring is the answer. Typically, you can check your score at any time with a credit monitoring service.  Each of the big three has one, but you certainly save money with a third-party business credit monitoring option.  Also, you may be able to see your scores from more than one agency in one place. 

How to Check Business Credit Score: What’s Important

Honestly, you have to know how to check business credit score.  However, even more importantly, you need to know how it is calculated, what it tells lenders, and how to fix it if it isn’t good.  Generally, high scores result in easier approval. So, if you do not have a high score, pay for a copy of your report and figure out why. Then, have mistakes corrected.  If the probably is payment history, then start now paying your obligations on-time, regularly.  

Of course, if you have yet to set up your business as an entity separate from you as the owner, then you likely don’t even have an actual business credit report.  That’s right. Most likely everything is simply being reporting to your personal credit report.  If you and your business share contact information and a bank account, and if you are not incorporated, this is likely the case.  Get those things taken care of, and then you’ll be able to start the process of building business credit.

The post How to Check Business Credit Score: Know What’s Going On appeared first on Credit Suite.

Small Business Funding: A Complete Guide to All Your Options

When it comes to small business funding, there are way more options than you probably imagine. While not every option is an option for everyone, there is usually some version of each that will work on some level. 

Your Definitive Guide to Small Business Funding Options

Most think of loans when they think of small business funding.  Term loans, lines-of-credit, invoice financing, and merchant cash advances all have their place.  The question is, do you use a traditional lender, look into SBA partners, or veer more toward private lenders?  

Also, loans are not the only players in the small business funding game.  Other, lesser known players include angel investors, crowdfunding, and grants.  You need to know about each one, and your options for each one, to make an informed decision. 

Small Business Funding: Types of Loans

There are a number of differ types of loans available.  In general, these types of financing can be found with both traditional and private lenders. Typically, if you go the traditional route, small community banks are more small business funding friendly than big banks. 

Traditional

These are the standard loans that disperse a set amount of funds, with the borrower repaying over a certain period of time.  The payment is the same each month, and they can be either secured or unsecured.  Unsecured small business loan options usually have higher interest rates. 

Find out why so many companies use our proven methods to get business loans. 

Line of Credit 

This is revolving debt similar to credit cards.  Borrowers are given a maximum limit of the amount of funds they can use, but only pay back the amount that they actually use.  For example, a borrower may have a $5,000 line of credit and use $2,000 to buy a new printer.  They will only pay back $2,000, until the time comes that they choose to use more. Lines of credit can also be secured or unsecured. 

Invoice Factoring

If you  have receivables, invoice factoring is an option.   The lender buys unpaid invoices from you at a premium, meaning you do not get full value.  However, you then have cash in hand for those open invoices.  The lender collects from the consumer directly at full value.  The older the invoice, the higher the premium.

Merchant Cash Advance

If you accept credit card payments, a merchant cash advance can help you out in a cash pinch.  It is basically just what is says.  It’s a cash advance on predicted credit card sales. They base the amount of the loan off of average daily credit card sales. Then, payment is taken from future credit card sales. This usually happens electronically. Most often, the process is automatic.  The benefits are that you get the funds fast, and there are usually more flexible options for repayment terms depending on your eligibility.

The Small Business Administrationbiz money Credit Suite

SBA loans are small-business loans guaranteed by the Small Business Administration.  Participating lenders, mostly banks, distribute the funds. They can guarantee up to 85% of loans of $150,000 or less, and loans that are more than $150,000 they will guarantee up to 75%. The maximum loan amount they offer is $5 million. 

Since they have a government guarantee, financial institutions are able to offer these loans at lower interest rates. 

How Do You Qualify SBA Loans? 

To be eligible for SBA Government Loans, you must meet certain qualifications. These include:

  • Your business must be for profit.
  • Your business must be inside the US.
  • Business owners must invest equity.
  • You must have exhausted all other financing options.
  • Your business must qualify as a small business.
  • Your business must be in an eligible industry.

What About Repaying SBA Loans? 

One perk of SBA government loans is that you can take longer to pay them back than you would otherwise. According to the SBA, the terms depend on how you intend to use the funds. 

For example, working capital loans, or funds you intend to use for daily operation, have a repayment terms of seven years. However, funds for new equipment purchase have a term of 10 years. Real estate loan terms extend even longer to 25 years. Of course, the longer the term the lower the interest.  As a result, regular payments are lower. 

How Do SBA Loans Work?  

With little exception, the SBA does not actually provide the funds for the loans they guarantee. The lenders that partner with them provide the funds, but the agency guarantees a portion. Currently, they will guarantee up to $3.75 million. 

Find out why so many companies use our proven methods to get business loans. 

What does that mean? It means that lenders are able to offer better interest rates and terms than they would otherwise be able too. This is because there is a reduced risk with the SBA guarantee. If the borrower defaults on the loan, the Small Business Administration will pay out their guarantee amount. 

Find out more about the SBA and the programs they offer here. 

Small business Funding: Private Lenders

Private lenders are also known as alternative lenders.  Generally, they can be a little more relaxed with requirements.  The drawback is that they also tend to have higher interest rates and less favorable terms. 

They usually have options for all types of financings at varying rates.  There are a ton out there, but here are a few to get you started if you need to go this route for small business funding. 

Upstart

Upstart is a fairly new online lender that is using cutting edge technology.  They question whether financial information and FICO alone can really determine the risk associated with a specific borrower.  Instead, they are using a combination of machine learning and AI to gather alternative data.  They then use this data to make credit decisions.

Alternative data includes such things as phone bills, rent, deposits, withdrawals, and even other information less directly tied to finances.  Software from the company learns and improves based on this data. 

They offer various types of financing products to fit a broad range of needs. From credit card refinancing to student loans, and pretty much anything in-between, there is something for everyone.  Debt consolidation and personal loans are included. Business loans are also an option.

You can get a quote on a loan to start or expand a business.  Get a quote online in minutes.  Learn more in this comprehensive review. 

StreetShares

StreetShares started as a service to veterans.  Now, they offer term loans, lines of credit, and contract financing. They also offer small business loan investment options. The maximum loan amount is $250,000.  Pre-Approval only takes a few minutes. They use a soft pull on your credit so it doesn’t affect your score. 

To be eligible, you must be in business for at least 12 months with annual revenue of $25,000. Exceptions are possible also.  Loans to companies in business for at least 6 months that have higher earnings can get approval on a case by case basis. The borrower’s credit score must be at least 620. For more on StreetShares, see our in-depth review.

Kabbage

Kabbage is a well know online lender. They offer a small business line of credit that can help businesses accomplish business goals quickly. The minimum loan amount is $500 and the maximum is $250,000. They require you to be in business for at least one year and have $50,000 or more in annual revenue, or $4,200 or more per month in the previous 3 month period. 

They are great if you need cash quickly. Also, their non-traditional approach puts less weight on your credit score, so they may work better for some borrowers than other lenders.

Fundation

Fundation provides both term business loans online and lines of credit. It is most known for its working capital funding options. These are funds meant to help cover the day-to-day costs of running a business rather than larger projects. Typically, these funds come in the form of a line-of-credit.

Find out why so many companies use our proven methods to get business loans. 

Their minimum loan amount is $20,000 while the maximum loan amount they offer is $500,000. They require you to be in business for at least 12 months and have annual revenue of at least $100,000. To be eligible, your personal credit score must be no less than 600. Additionally, you must have at least 3 full time employees.  That number can include yourself.  Business owners cannot live or operate their business in North Dakota, South Dakota, or Nevada. 

SmartBiz

If you want the convenience of online lending but need to look toward products offered by the SBA, then SmartBiz is for you. 

With the help of the Small Business Administration, SmartBiz offers loans that are government backed. While SBA loans typically take a lot of time and paperwork, SmartBiz found a way to streamline the process.  It makes getting loans through the Small Business Administration easier than ever. The minimum loan amount is $30,000 and the maximum is $5,000,000.  

As stated, SBA loans are government-backed business term loans for business owners who’ve had difficulty qualifying for other types of financing.  As a result, the requirements are a little stricter. Your credit score has to be 650, and you have to be in business for 2 years or more. In addition, annual revenue has to be $50,000 at least, and there can be no outstanding liens, bankruptcies, or foreclosures in the past 3 years. 

Small Business Funding: Investors

Of course, the standard investor option is always available. However, often the better option for small business funding is to find an angel investor. 

According to Investopedia, angel investors “… invest in small startups or entrepreneurs. Often, angel investors are among an entrepreneur’s family and friends. The capital angel investors provide may be a one-time investment to help the business propel or an ongoing injection of money to support and carry the company through its difficult early stages.”

Most often, they are in it for a one-time contribution.  Typically, they do not lend to the same person twice. That is even if that person pays them as agreed.

They like to spread their risk over a lot of people and businesses to make sure they get a good return on their investment.  They are also usually a lot more informal than most types of funding. An angel investor can be anyone, from your mom to someone you met through networking.  

How to Find Angel Investors

The best way to find these kinds of angel investors is to ask people you know.  Likewise, you can try an angel investors website or network. Also, Gust keeps a database of investors, companies, and programs. Startups can search for business plan competitions and other opportunities.

Small business Funding: Crowdfunding

Crowdfunding is an increasingly popular option for small business funding.  Many business owners find this is their best option for independence. With crowdfunding, they can start a new business without taking on debt or taking out equity.  This is rare startups. However, a little planning and creative marketing can go a long way. 

What is Crowdfunding?

Crowdfunding is a type of investment option really.  The thing is, you get a lot of smaller investments from a lot of people, a crowd if you will.  This is in contrast to getting the bulk of your small business funding from one or two larger investors. The problem is, not everyone with a campaign on a crowdfunding site is successful.   In fact, it is kind of rare to get your business fully funded through crowdfunding.

How to Use Crowdfunding to Fund Your Small Business

You’ll have to figure out which crowdfunding platform is best to use for your business. Kickstarter and Indiegogo are two of the most popular. 

Trying to get investors will take time. You’ll need the perfect pitch to get investors interested.  It helps to learn more about crowdfunding and how to get started. 

Small Business Funding: Grants

Another option for funding your small business is grants.  They are sometimes overlooked because they tend to be highly competitive.  Also, many business owners do not know what’s out there. Take some time to look around and see what’s available.  

Many grants are available that are specific to minorities, females, or veterans. There are some grants opportunities that are open to everyone however.  One example is the FedEx grant. The FedEx grant is open to any business that has been in operation for at least 6 months and has 99 employees or less. They award eight $7,500 grants, one $15,000 grant, and one $25,000 grant to winners each year. LendingTree is another example.  It offers a grant annually of $50,000. 

Small Business Funding: The Big Picture

The truth is, there are a lot of options out there that can be used instead of, or in addition to, loans.  Don’t forget too, you can always use some version of self-funding. Savings and retirement accounts are sometimes the best options.  This is especially true of retirement accounts that offer lending options. Sure, you have to pay the funds back, but you are paying yourself back.  

In the end, you’ll have to figure out which option or combination of options will work best for you and your business. This should get you started. 

The post Small Business Funding: A Complete Guide to All Your Options appeared first on Credit Suite.

Bank card financial obligation loan consolidation financing

Bank card financial debt combination car loan

Bank card financial obligation loan consolidation financing

Credit scores card financial debt loan consolidation car loan is one of the means of settling credit report card financial obligation. Some individuals kind of fail to remember regarding credit score card financial obligation loan consolidation finance being offered as a technique of credit score card financial debt loan consolidation. Credit report card financial debt combination finance as well is essential to think about when going for credit history card financial debt loan consolidation.

What do we imply by credit scores card financial debt loan consolidation car loan?

In other words, bank card financial debt combination finance is a reduced passion financing that you look for with a financial institution or banks in order to erase your high passion bank card financial debt. Credit rating card financial debt loan consolidation car loan also is based on very same concept as equilibrium transfers i.e. relocating from one or even more high rate of interest financial obligations to a reduced rate of interest one. The charge card financial obligation loan consolidation car loan needs to be repaid in regular monthly instalments and also based on the problems and also terms concurred in between you and also the dispenser of bank card financial debt loan consolidation funding.

If you have a truly poor credit score background as well as you desire go for credit history card financial debt negotiation making use of credit score card financial obligation loan consolidation funding, the debt card financial debt combination lending will certainly take the kind of a safeguarded credit scores card financial debt combination car loan. Even worse the credit scores ranking, the a lot more tough it is to obtain a credit scores card financial obligation loan consolidation car loan.

Equilibrium transfers as well as credit report card financial obligation loan consolidation lendings have the very same goal behind them, the credit report card financial obligation combination finances are occasionally thought about much better since you finish up shutting many of your credit report card accounts which have actually been the primary perpetrator in touchdown you in this challenging scenario. Equilibrium transfers have their very own benefits which are not readily available with credit scores card financial obligation combination financings. Selecting in between charge card financial debt loan consolidation funding and also equilibrium transfer is truly an issue of individual option.

Debt card financial debt combination funding also is essential to take into consideration when going for credit history card financial obligation loan consolidation.

The credit report card financial obligation loan consolidation funding has actually to be paid back in regular monthly instalments and also as per the problems as well as terms concurred in between you as well as the dispenser of credit rating card financial debt combination finance.

If you have a truly negative credit rating background as well as you desire go for debt card financial debt negotiation utilizing credit report card financial debt combination funding, the credit report card financial debt combination financing will certainly take the kind of a protected credit scores card financial debt loan consolidation car loan. Equilibrium transfers as well as credit rating card financial obligation loan consolidation finances have the exact same goal behind them, the credit rating card financial obligation combination lendings are occasionally taken into consideration far better since you finish up shutting many of your credit rating card accounts which have actually been the primary perpetrator in touchdown you in this challenging circumstance.

The post Bank card financial obligation loan consolidation financing appeared first on ROI Credit Builders.

Credit Rating Cards For People With Bad Credit- Facts

Credit Scores Cards For People With Bad Credit- Facts

Debt cards for negative credit scores are absolutely not going to be the finest credit report offers, however credit report cards for individuals with negative credit rating may be your only choice readily available. If you are a young individual simply beginning to develop credit scores, or if you’ve had scenarios that has actually harmed your credit score background, you typically can certify for debt cards for negative credit report.

Bad Credit Deals

Poor credit history bargains are frequently split right into guaranteed credit score cards for negative credit rating that require a down payment as well as negative credit score unprotected credit scores cards, a poor debt card with a lot greater charges. These kinds of poor credit score supplies individuals with a bad debt rating or no previous credit scores background a simple as well as fast means to re-gain an excellent credit report background with poor debt cards.

Rate of interest

There are numerous lures by having bank card and also while utilizing poor charge card to hold you over in limited circumstances, remember it is just short-lived alleviation as the rate of interest on bank card for negative credit report are incredibly high. Look around and also search for bank card for negative credit report with a rate of interest that you are definitely certain you will certainly have the ability to pay. Most likely the solitary crucial component of selecting bank card is the rates of interest, specifically for individuals that will certainly be surrendering equilibriums from month to month.

Tips

An individual has to constantly remember that bank card for negative credit scores are extremely simple to make use of so do not overdo it or you may locate on your own in a much even worse scenario. Look into the rates of interest as well as charges prior to you begin looking for charge card for poor credit scores. Do not obtain every poor bank card there is as this will certainly impact your credit rating, just select 2 of the most effective poor credit score bargains you can locate.

Credit score cards for poor credit scores are absolutely not going to be the finest credit history offers, yet credit history cards for individuals with negative credit score may be your only choice offered. Negative credit scores bargains are usually separated right into protected credit history cards for poor credit scores that require a down payment as well as poor credit report unsafe credit rating cards, a negative credit report card with a lot greater charges. These kinds of poor credit history uses individuals with an inadequate credit rating or no previous credit report background a very easy and also fast means to re-gain an excellent credit rating background with poor debt cards.

The post Credit Rating Cards For People With Bad Credit- Facts appeared first on ROI Credit Builders.

Get Business Credit Cards with EIN Only

The Absolute Best Business Credit Cards with EIN Only

We checked out a number of business credit cards with EIN only, and did the research for you. So here are our top picks.

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

This reveals you can get a lot more money with small business credit. And it also means you can have personal credit cards at retailers. So you would now have an extra card at the same stores for your company.

And you will not need collateral, cash flow, or financial data in order to get business credit.

Business Credit Cards with EIN Only: Benefits

Benefits vary. So, make sure to choose the benefit you would prefer from this array of alternatives.

Business Credit Cards with EIN Only for Credit Building

Discover it® Student Cash Back

Make sure to take a look at the Discover it® Student Cash Back card. It has no annual fee. The card also offers a six-month introductory period of 0% APR on purchases. And there is an APR of 14.99 – 23.99% variable on all purchases after that period.

One one-of-a-kind feature is that it offers an incentive for scholars to maintain good grades with a $20 statement credit. If scholars earn a GPA of 3.0 or higher each school year, the card will award the $20 statement credit each year for up to five years.

Details

Use this credit card to build personal credit. While this is a personal credit card versus a business card, for new credit users, their FICO scores will be important. And this credit card offers an excellent way to raise FICO while also getting rewards.

You can earn 5% cash back at different places each quarter like grocery stores, gas stations, restaurants or Amazon.com up to the quarterly maximum. After that, this credit card offers unlimited 1% cash back on all purchases.

In the initial year, all cash back rewards are matched 100%.

Downsides include a cash advance fee of either $10 or 5% of the amount of each cash advance, whichever is greater. And although they waive the first late payment fee, a fee of up to $37 applies on all other late payments. There is also a returned payment fee of up to $37.

Get it here: https://www.discover.com/credit-cards/cash-back/it-card.html

Business Credit Cards with EIN Only for Average Credit

Capital One® Spark® Classic for Business

For average credit, we like the Capital One Spark Classic for Business. It has no annual fee. There are cash-back rewards. The card gets an unlimited 1% cash back on all purchases. There is an annual fee of $0.

With this card, you will get benefits including an auto rental collision damage waiver, and purchase security. And you also get extended warranty coverage. And you get travel and emergency assistance services.

But REMEMBER: the ongoing APR is 24.74% variable APR. And the penalty APR is even higher, 31.15%. Also, there is no sign-up bonus.

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

Establish business credit fast with our research-backed guide to 12 business credit cards and lines.

Ironclad Secured Business Credit Cards with EIN Only

Wells Fargo Business Secured Credit Card

Check out the Wells Fargo Business Secured Credit Card. It charges a $25 yearly fee per card (up to 10 employee cards). It also requires a minimum security deposit of $500 (up to $25,000) and it is meant to help cardholders establish or rebuild their credit.

Pick this credit card if you want to get 1.5% per dollar in purchases with no limits or get one point for every dollar in purchases. You also earn 1,000 bonus points for every month your company makes $1,000 in purchases on the card.

Details

Also, you get free FICO scores every month. There are no foreign transaction fees. It is possible to upgrade to unsecured credit. Your account is regularly reviewed. And you may become eligible for an upgrade to an unsecured card with responsible use over time. Approval is not guaranteed and depends on factors including how you manage this and your other accounts.

APR is the current prime rate plus 11.90%. There is no introductory APR period and no sign-up bonus. This is not a card for balance transfers.

Get it here: https://www.wellsfargo.com/biz/business-credit/credit-cards/secured-card/

Business Credit Cards with EIN Only – 0% APR – Pay Absolutely Nothing!

Bank of America® Business Advantage Travel Rewards World Mastercard® Credit Card

The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card has no annual fee and comes with a 0% introductory APR on purchases for the initial nine months. Thereafter, the card has a 13.24 – 23.24% variable APR

Earn 3 points/dollar spent when you book travel with the Bank of America Travel Center and 1.5 points/dollar on all other purchases. You can get unlimited points and points will never expire.

Details

There is a 25,000-point sign-up bonus when you spend $1,000 within the first 60 days of opening the account. Cardholders get travel accident insurance, and lost luggage reimbursement.

They also get trip cancellation coverage, trip delay reimbursement and other benefits.

There is no introductory rate for balance transfers. Also, bonus categories are limited.

Get it here: https://www.bankofamerica.com/smallbusiness/credit-cards/products/travel-rewards-business-credit-card/

JetBlue Plus Card

Have a look at the JetBlue Plus Card for one more offer of a 0% introductory APR

Get six points/dollar on JetBlue purchases, two points/dollar at dining establishments and grocery stores. And get one point/dollar on all other purchases.

Details

Spend $1,000 in the initial 90 days and pay the annual fee, and get 40,000 bonus points. New cardholders receive a 12 month, 0% introductory APR on balance transfers made in 45 days of account opening.

Thereafter, the variable APR on purchases and balance transfers is 17.99%, 21.99% or 26.99%, based upon creditworthiness. Benefits include a free first checked bag and 50% savings on in-flight purchases.

There is a $99 annual fee for this card.

Get it here: https://cards.barclaycardus.com/cards/jetblue-card/

Uber Visa Card

Check out the Uber Visa Card. Uber is the very first ride-sharing service to offer a credit card, in a partnership with Visa and Barclays.

The card offers 4% back per dollar spent at restaurants, takeout and bars, including UberEATS. Also, get 3% back on hotel, airfare and vacation home rentals. And get 2% back on online purchases.

So, this includes retailers and subscription services such as Uber and Netflix. And get 1% back on all other purchases. Each percent/point has a value of 1 cent. Redeem points for cash back, gift cards or Uber credits directly within the app.

By spending a minimum of $500 in the first 90 days, users can earn a $100 sign-up bonus. Cardholders spending a minimum of $5,000 per year are eligible to receive a $50 credit toward online subscription services.

Details

If you pay your cellphone bill with this card, you are insured up to $600 for cellphone damage or theft.

Cardholders are eligible for exclusive access to certain events and offers. Uber expects most of these offers to be available in major cities like New York, San Francisco, Los Angeles, Chicago and DC. There is no foreign transaction fee.

But there is no introductory rate. The APR is a variable 16.99%, 22.74% or 25.74%, based on your creditworthiness. Cardholders with less than stellar credit will be on the higher end of the range.

Also, there are restrictions on Uber credits. To redeem points as credits within the Uber app, accrue at least 500 points, or $5. Cardholders can convert a maximum of 50,000 points, or $500, in a given day.

Get it here: https://www.uber.com/c/uber-credit-card/

Costco Anywhere Visa® Business Card by Citi

Not taking Uber? Then you’ll need to fill your gas tank in some way. Why not do so with the Costco Anywhere Visa® Business Card by Citi?

This credit card earns cash back with every purchase. Earn 4% cash back on the first $7,000 spent on eligible gas purchases annually (1% after that). Earn 3% cash back at restaurants and on eligible travel purchases. Also, earn 2% cash back at Costco and Costco.com. And earn 1% cash back on all other purchases.

Note: the $0 yearly fee is only for Costco members. And an active Costco membership is required. Cardholders will get access to damage and theft purchase protection, extended warranty coverage and travel accident insurance.

Also, there is no sign-up bonus available with this card.

Get it here: https://www.citi.com/credit-cards/credit-card-details/citi.action?ID=Citi-costco-anywhere-visa-business-credit-card

EIN Business Credit Cards Credit Suite

Ink Business Cash℠ Credit Card

Look at the Ink Business Cash ℠ Credit Card. Companies can get cash back with each purchase. Spend $3,000 in the initial three months from account opening. And you’ll earn a $500 bonus cash back.

There is a $0 yearly fee with a 0% introductory APR for 12 months on purchases and balance transfers. Afterwards, the APR is a 15.24 – 21.24% variable.

The card features travel and purchase coverage benefits. So, this includes an auto rental collision damage waiver and extended warranty protection.

Details

Earn extra cash back on business categories. So, these include office supply stores, telecommunications, gas stations and restaurants.

Note: this credit card has a balance transfer fee. Pay 5% of the amount transferred or $5, whichever is more. Also, there is a foreign transaction fee of 3%.

Get it here: https://creditcards.chase.com/small-business-credit-cards/ink-cash

United MileagePlus Explorer Business Card

Get a good look at the United MileagePlus Explorer Business Card.

Get 2 miles/dollar with United and at restaurants, gas stations and office supply stores. All other purchases get 1 mile/dollar. Earn a 50,000-mile sign-up bonus after spending $3,000 in the initial three months from account opening.

Benefits include priority boarding, a free first checked bag for you and a companion on the same reservation.

Details

Also, get two United Club passes annually. And get hotel and resort perks including upgrades. On top of that, get early check-in and late checkout. And get an auto rental collision damage waiver.

Plus, get baggage delay insurance, lost luggage reimbursement, trip cancellation and interruption insurance. Finally, get trip delay reimbursement, purchase protection, price protection and concierge service.

After the first year, the card has an annual fee of $95. APR of 17.99% – 24.99%, based on creditworthiness.

Get it here: https://creditcards.chase.com/small-business-credit-cards/united-mileageplus-explorer-business

Starwood Preferred Guest® Business Credit Card from American Express

Another choice is the Starwood Preferred Guest Business Credit Card from American Express.

This credit card is for those who stay at Starwood Preferred Guest and Marriott hotels often. Get six points per dollar of eligible purchases at participating SPG and Marriott Rewards hotels.

And get four points per dollar at American restaurants, US filling stations, and on US purchases for shipping.

Also, earn four points to the dollar on wireless telephone services purchased directly from US service providers. For all other eligible purchases, get two points per dollar.

Details

Get 75,000 bonus points when you spend $3,000 in the first three months of account opening. Benefits include free in-room premium internet access, Sheraton Club lounge access, and purchase protection.

Plus you get car rental loss and damage insurance. And you get baggage insurance. There is also a global assistance hotline. And there is a roadside assistance hotline. And get travel accident insurance and extended warranty coverage.

The most significant issue is the yearly fee. There is a $0 introductory annual fee for the first year, then it’s $95 after that. Plus there is no 0% introductory APR. Instead, there is a 17.74 – 26.74% variable APR

Get it here: https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/spg-amex-starwood-credit-card

Business Credit Cards with EIN Only for Low APR/Balance Transfers

Discover it® Cash Back

Check out the Discover it® Cash Back card. There is a 10.99% introductory APR for six months from date of first transfer. So, this is for transfers under this offer which post to your account by January 10, 2019.

After the introductory APR expires, your APR will be 14.99% to 23.99%. So, this is based on your creditworthiness. Your APR will vary with the market, which is based upon the Prime Rate.

Details

You can earn 5% cash back at different places every quarter. So, these are places like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs. But this is up to the quarterly maximum each time you activate. Also, automatically earn unlimited 1% cash back on all other purchases.

You will earn an unlimited dollar-for-dollar match of all the cash back you have earned at the end of your first year, automatically.

Get it here: https://www.discover.com/credit-cards/cash-back/it-card.html

Business Credit Cards with EIN Only for Cash Back

SimplyCash Plus Business Credit Card from American Express

Look at the SimplyCash Plus Business Credit Card from American Express. There is a $0 annual fee. And there is a 0% APR on purchases So this is for the initial 15 months an account is open.

But when the introductory period runs out, the APR for purchases is 14.24 to 21.24%. So, this is variable and based on creditworthiness.

Details

This credit card has numerous benefits. These include purchase protection, car rental loss and damage insurance. And they also include a baggage insurance plan, extended warranty coverage and a global assist hotline.

Also, earn 5% cash back at US office supply stores and on wireless phone services. So, these must be purchased from US service providers. But this pertains to the initial $50,000 of yearly spending. Then, you earn 1% cash back.

You also earn 3% cash back on spending category of your choice. So, this is from eight distinct categories. They include airfare, gas, advertising and computer purchases. But it applies to the first $50,000 of yearly spending. Then, you get 1% cash back.

Cash-back bonuses are automatically credited to the customer’s billing statement.

Note: you cannot use this credit card for balance transfers. There is a foreign transaction fee of 2.7%. The card charges up to $38 in late fees. And the returned check fee is also $38. The penalty APR is 29.99%.

And, it kicks in if you have two or more late payments within 12 months. It can also apply if you fail to make the minimum payment on time or have a returned payment.

Get it here: https://www.americanexpress.com/us/small-business/credit-cards/simply-cash-plus-business-credit-card/44279

Capital One® Quicksilver® Card

Take a look at the Capital One® Quicksilver® Card. It offers flat-rate rewards of 1.5% on all purchases. There are no limits to the amount of cash back rewards that cardholders can earn. Also, the card has a $0 yearly fee.

New cardholders have a 0% APR on purchases and balance transfers for the first 15 months after opening the account. And then they have a 14.74 – 24.74% (variable) APR after that.

A cash bonus of $150 is on offer for those who make at the very least $500 in purchases within 3 months of account opening.

Details

Also, cash back rewards do not expire for the life of the account. And there is no limit to how much you can earn.

This card also offers travel accident insurance. And you get an auto rental collision damage waiver. There are no foreign transaction fees. And there is extended warranty coverage.

Downsides are the flat reward rate, not allowing for any more than that. And the higher APR after the first 15 months.

Get it here: https://www.capitalone.com/credit-cards/quicksilver/

Business Credit Cards with EIN Only for Luxurious Travel Points

Capital One® Spark® Miles for Business

Be sure to check out the Capital One® Spark® Miles for Business card. With this card, you can get 2 miles per dollar on all purchases. When you spend $4,500 within the first 3 months of opening an account, you can earn 50,000 miles. So, that is worth $500 in travel.

Benefits for cardholders include an auto rental collision damage waiver, and purchase security. And they also include extended warranty coverage. And you get travel and emergency assistance services.

Cardholders will pay $0 introductory for first year. But they will pay $95 after that for the annual fee.

There is no 0% APR for purchases or balance transfers with this card. The APR is 18.74% (variable).

Get it here: https://www.capitalone.com/small-business/credit-cards/spark-miles/

The Business Platinum® Card from American Express OPEN

Check out the Business Platinum® Card from American Express OPEN if you’re comfortable with an exorbitant yearly fee. This card gets 5 points per dollar on flights and prepaid hotels booked on the American Express Travel website.

It also earns 2 points per dollar on travel purchases booked on the American Express Travel website.

Furthermore, it earns 1.5 points per dollar on purchases of $5,000 or more. So, this is with up to one million additional points per calendar year. All other eligible purchases get one point per dollar.

Details

With this card’s welcome offer, you can earn 50,000 bonus points when you spend $10,000. And get another 25,000 points when you spend an additional $10,000 in that same period.

Cardholder benefits include global lounge access and a $200 airline fee credit. And you get a fee credit for Global Entry or TSA Precheck.

Benefits also include complimentary Wi-Fi hotspot internet access, privileges including early check-in and daily breakfast at participating hotels and resorts. Plus, the card offers travel accident insurance and roadside assistance.

This card does not offer bonus point earnings in other categories like gas, office supplies or advertising. Additionally, all of these benefits do not come cheap. Note: the card has an annual fee of $450!

Get it here: https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/american-express-business-platinum-credit-card-amex

Establish business credit fast with our research-backed guide to 12 business credit cards and lines.

Chase Sapphire Reserve®

For travel points, take a look at the Chase Sapphire Reserve® credit card. You can earn 3 points/dollar on travel and dining at restaurants and 1 point/dollar on other purchases.

Spend $4,000 in the first 3 months, and you will get 50,000 bonus points. This card provides a $300 annual travel credit. And you get airport lounge access, perks at luxury hotels and resorts including upgrades.

It also offers a fee credit for Global Entry or TSA Precheck, early check-in and late checkout. And it provides trip cancellation and interruption insurance, an auto rental collision damage waiver.

Details

Plus lost luggage reimbursement, trip delay reimbursement, and purchase protection. Finally, it also has return protection and extended warranty protection.

This credit card also offers cardholders a 25% higher points value when redeemed for travel through Chase Ultimate Rewards. With this card, points are worth 50% more when redeemed for travel through Chase Ultimate Rewards.

The biggest issues are the yearly fee of $450 and $75 for every authorized user. Another factor to consider should be that the card has a 17.99 – 24.99% variable APR.

So, consider this one carefully and be sure to read the fine print.

Get it here: https://www.chase.com/card-benefits/sapphirereserve/travel

IHG ® Rewards Club Premier Credit Card

Have a look at the IHG ® Rewards Club Premier Credit Card. it gets hotel rewards worldwide. For every dollar spent at participating IHG hotels, earn 10 points. Get two points per dollar spent at gas stations, grocery stores and restaurants.

Plus all other purchases earn one point. New cardholders can get an 80,000-point sign-up bonus when they spend $2,000 in the first three months of account opening.

Details

This card offers a free one-night hotel stay each year. Plus there is a wide array of benefits like travel and purchase coverage and an upgrade to Platinum Elite status with the IHG Rewards Club. The club offers complimentary room upgrades when available and guaranteed room availability.

The biggest issue is that the card does not have a zero percent APR introductory rate. And the standard APR is 17.99 – 24.99% variable. Also, the yearly fee is $89.

Get it here: https://creditcards.chase.com/a1/ihg/premiernaep

Marriott Rewards® Premier Plus Credit Card

This card earns six points/dollar spent at participating Marriott and SPG hotels. And get two points/dollar on all other purchases.

Spend $3,000 in the first three months from account opening and get two free night awards (each worth up to 35,000 points).

Cardholders get access to perks including a free one-night stay every year after account anniversary. Also get travel and purchase protection. So, this includes free standard in-room Wi-Fi and priority late checkout.

Details

Perks include baggage delay reimbursement, and lost luggage reimbursement. There is also trip delay reimbursement. And there is purchase protection. In addition there are concierge service and automatic Silver Elite status, which includes a 20% bonus on points.

Spend $35,000 each account year, and get an upgrade to Gold Elite status. So, that includes a complimentary room upgrade, free daily breakfast and 4 PM late checkout.

There is an annual fee of $95. The APR is a 17.99 – 24.99% variable.

Get it here: https://creditcards.chase.com/marriott/apply

Business Credit Cards with EIN Only for Jackpot Rewards

Chase Sapphire Preferred® Card

Take a look at the Chase Sapphire Preferred® Card for travel points.

You can earn two points to the dollar spent on travel and dining at restaurants. And you can earn one point per dollar on all other purchases. Points can be traded in for cash back, gift cards, or travel.

The card’s benefits include trip cancellation insurance, travel and emergency assistance services. They also include an auto rental collision damage waiver, purchase protection and extended warranty protection.

When you spend $4,000 in the initial 3 months from account opening, you will earn 50,000 bonus points. These points are worth $625 if you redeem them for travel through Chase Ultimate Rewards.

Details

You can get an unlimited two points per dollar for travel and dining at restaurants. And after that earn one point per dollar for all other purchases. Points will transfer equally to 13 leading frequent travel programs with partners. So these include British Airways, Southwest Airlines, United, and Marriott.

There is no 0% introductory APR on purchases or balance transfers. The card’s standard APR is 17.74 – 24.74% variable. Also, the card has an annual fee of $0 introductory for the first year. And then it skyrockets to $95.

Get it here: https://creditcards.chase.com/rewards-credit-cards/chase-sapphire-preferred

Ink Business Preferred ℠ Credit Card

Get a look at the Ink Business Preferred Credit Card from Chase. Cardholders earn 3 points for every dollar spent on travel, shipping, internet, cable, phone and qualifying advertising with the card. So, this is up to $150,000 each year. And all other purchases earn an unlimited one point per dollar spent.

This is a Visa credit card.

Cardholders get benefits like purchase protection, trip cancellation or interruption insurance. They also get cellphone protection. And they get extended warranty coverage. And they get an auto rental collision damage waiver.

Details

Get 80,000 bonus points when you spend $5,000 in the first 3 months from account opening. There is an annual fee of $95. You can add employee credit cards at no additional cost.

This credit card only offers 3 points per dollar to a limit of $150,000 a year. So, this is for travel, shipping, internet, cable, phone and qualifying advertising. All other purchases earn an unlimited flat rate of one point per dollar. And there is no introductory APR

Get it here: https://creditcards.chase.com/small-business-credit-cards/ink-business-preferred

Establish business credit fast with our research-backed guide to 12 business credit cards and lines.

Hilton Honors American Express Ascend Card

Take a look at the Hilton Honors American Express Ascend Card, which earns hotel rewards points. Earn up to 12 points per dollar of eligible purchases at participating Hilton hotels or resorts.

Automatically get Hilton Honors Gold status. And this includes room upgrades when available. Also, get a 5th night free when you book a rewards stay of 5 nights or more.

And get free internet access and late checkout. It also includes a 25% bonus on base points earned with Hilton Honors.

This credit card has a variable purchase APR of 17.74 – 26.74%. There is an annual fee of $95.

Details

Cardholders can get a 125,000-point welcome offer after making $2,000 in eligible purchases in 3 months from account opening. Earn a free weekend night award after making $15,000 in eligible purchases on your card in a calendar year.

Benefits include purchase protection. And there is extended warranty coverage. They also include car rental loss and damage insurance and travel accident insurance.

If you spend $40,000 on eligible purchases with the card within a calendar year, you can earn Hilton Honors Diamond status. So this is through the end of the next calendar year. This status includes all of the benefits of Gold status.

It also includes a 50% bonus on base points earned with Hilton Honors. And get exclusive floor lounge access at select properties. But that is extremely high spending required for elite status. Only you can decide if that’s worth it.

Get it here: https://www.americanexpress.com/us/credit-cards/card/hilton-honors-ascend/

The Perfect Business Credit Cards with EIN Only for You

So your absolute best business credit cards hinge on your credit history and scores.

Only you can select which features you want and need. So make sure to do your homework. What is outstanding for you could be catastrophic for other people.

And, as always, make certain to build credit in the recommended order for the best, fastest benefits.

 

 

 

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