2019-01-04 13:39
Debt is stressful even if the rates and terms of your loan are favorable. Paying off your loan early seems more logical than bothering yourself with the monthly payments. This will minimize… Read More
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WeCompete Lenders is the premiere company in the alternative finance industry. We are committed to empowering merchants by educating them about business lending.
2018-12-19 12:57
A Small Business Administration (SBA) Loan is one of the popular alternative loans for small business owners. An initial search for SBAs would show that it is a government-backed loan specif… Read More
2018-12-03 14:15
Businesses cannot go on with just a start-up capital. At some point, a business owner will need additional working capital in order to grow or to solve a problem.
There are several ways t… Read More
2018-11-21 13:52
There’s more to business than just shelling out capital and getting registered. Owning a small business is more hectic than having a full-time job. Business owners, even experienced on… Read More
2018-11-12 13:35
Trucking is one of the most profitable businesses in the USA. It is also one of the most demanding industries. In order to stay competitive, a trucking or logistics company must have enough… Read More
2018-10-19 19:17
Halloween is just around the corner! The upcoming festivities have customers and business owners all excited. For most people, Halloween is that one night when they can dress up and watch th… Read More
2018-09-19 16:46
Technological advancements brought great changes to the film industry. New platforms rose and created several ways to enjoy a film; this also means an increase in competition. Recent trend s… Read More
2018-09-18 10:34
Managing the finances of a construction venture is more complicated compared to other businesses. In order for the construction company to gain revenue, work or project must first be complet… Read More
2018-09-06 18:20
Every business needs money to grow, and more often than not, the business owner would need to get a small loan at some point for it to happen.
Your profit might seem to be enough to achie… Read More
2018-09-06 16:39
With restaurants sprouting here and there, competition in the food and service industry is becoming really tough. Restaurants need to outperform their competitors in brand awareness, provide… Read More
2018-07-27 15:57
Just like how people usually avoid mixing their business with their personal lives, money for business and money for personal use should always be kept separate to avoid issues from one side… Read More
2018-07-06 17:08
Wholesalers purchase stocks in large quantities at low prices. They then handle sales in bulk by selling them at wholesale prices to intermediaries who will, in return, sell them in smaller… Read More
2018-07-06 14:53
Whether you are a new proprietor with a few employees or a bigshot company with hundreds under your helm, credit cards are popularly used to invite cash flow into the system.
A bus… Read More
2018-06-26 15:06
A construction company is a business that needs a large working capital. There are several costs to be covered from material purchases to wages of the construction crew. Maintaining a constr… Read More
2018-06-18 18:56
The era of technology and social media. From regular individuals to corporations to governments, it has been made indispensable and relevant in every conceivable way.
Communication and tr… Read More
2018-06-08 19:59
Father’s Day is fast approaching, and odds are you still haven't found the perfect present for your dad. What is the ideal gift to give for a father? This is difficult since men are se… Read More
2018-05-30 17:02
Being in debt puts pressure on you and your finances. It is exhausting to even think about ways on how to come up with enough funds to cancel out the loan you took and the interest it accumu… Read More
2018-05-24 15:28
Finding enough money to finance a start-up is rarely easy. While there are many available financing options, a business loan is a common and manageable option for business people. With loans… Read More
2018-05-11 17:18
Starting a business is a risky move. Starting a business when in debt is definitely something that most people would think impossible.
Even buying only the barest necessities for the busi… Read More
2018-05-11 10:39
With Mother’s Day rapidly coming up, a lot of people are scrambling for good gift ideas for that special woman in their lives. If you want to impress and express appreciation for that… Read More
2018-05-08 10:00
Small businesses are said to be the backbone of the economy. After the economy shut down, finding alternative financing became more difficult for small business owners. The federal governmen… Read More
2018-04-25 15:54
Got a great business idea and wanted to make a living out of it? For a business to thrive, working capital is needed. Money plays a significant role, especially when starting a busines… Read More
2018-04-16 18:35
Financial hurdles are part of the financial cycle in business. It is often undergone by businesses during a major change in the company such as the loss of a major client, or external factor… Read More
2018-04-16 18:33
Bankruptcy and other financial ordeals can be brought about by several factors, the most common of which is debt. Recovering from any financial crisis can be difficult, but it is not an impo… Read More
2018-04-10 12:50
Getting additional capital for your business takes time. In traditional banks, it would take 60-90 days to get a reply. We, at WeCompeteLenders, can get you funding much earlier in the form… Read More
2018-03-02 15:57
All is well and good in business until you feel a glitch in your finances. For small business owners, a healthy cash flow is everything. A growing company needs to maintain a balanced cash f… Read More
2018-03-01 19:12
No matter how well a business is doing, it will still need financial assistance to expand or maintain its operations. Business owners often avail of several loans to finance different aspect… Read More
2018-02-15 19:52
Medical and healthcare institutions have the responsibility to give their patients the best and latest medical services. To do this, they need financing. The latest medical equipment is quit… Read More
2018-02-08 17:28
Do you have some business projects lined up but you cannot estimate its total cost? Maybe you are planning to do some renovations or purchase new equipment, but you are afraid you might fall… Read More
2018-02-08 17:12
One of the hardest things to do is to turn down a customer that approached you for orders. This is experienced by many small business owners, not because they don’t want to do business… Read More
2018-01-22 14:26
Small business owners struggle to find quick and accessible loans with high approval rates. One appealing option for them is asset-based lending. This type of alternative financing utilizes… Read More
2018-01-15 12:15
Some businesses need new pieces of equipment to increase their production and to make their operations more efficient. Purchasing equipment can be quite expensive. Being unable to afford new… Read More
2018-01-11 11:09
Almost 80 percent of small businesses require some equipment for their operations. Aside from their importance in maintaining production and improving efficiency, equipment and machinery hav… Read More
2017-12-27 17:20
Unlike jobs where you render service to earn cash, running a business means providing money to make money. This is especially challenging for new merchants that have just dipped their toes i… Read More
2017-12-22 13:50
Alternative lending is a relatively new player in the financing industry. Most business owners are skeptical in considering alternative lenders as the next source of their business funding… Read More
2017-12-18 15:25
What comes to mind when financing and funding are mentioned? Most people would assume it would involve walking into banks with loan applications on hand. That’s not the only option. Wh… Read More
2017-11-25 11:05
Business loans are used to pay-off existing debt, balance cash flow and, expand business operations. One of the problems with business loans is the unbelievably high interest rates that come… Read More
2017-11-16 16:24
A merchant with a bad credit score understands how challenging it is to secure funding with that status. If you do get a loan, the terms will make it difficult to accept that loan. A bad cre… Read More
2017-10-24 13:23
It’s difficult to secure a loan if you have a bad credit score, but it is not impossible. Businesses with bad credit scores can get a merchant cash advance and here’s why:Ge… Read More
2017-10-16 17:48
No matter how well a business is doing, it will still need financial assistance to expand or maintain its operations. Business owners often avail of several loans to finance different aspect… Read More
2017-10-05 13:02
Having trouble getting funding for your business? If you think you have exhausted all your options, don’t give up just yet. WeCompete Lenders will introduce you to a better alternative… Read More
2017-09-14 14:30
Business loans help your company grow. It can aid in the expansion of your operations, fund product research, increase sales and marketing efforts, manage your cash flow and so much more. Bu… Read More
2017-09-14 03:48
The alternative financing industry is a trillion-dollar industry in the US. However, many businesses are still unaware of the options that this industry offers. WeCompete Lenders came up wit… Read More
2017-09-05 14:08
Obtaining access to capital is necessary for the survival and growth of a business company. Whether you need a quick fix for a glitch on your cash flow or business is moving slow, having fun… Read More
2017-09-05 13:40
Through the years, WeCompete Lenders has noticed that more and more small time business owners are approaching alternative lending solutions for their financing needs. Alternative lending co… Read More
2017-09-05 13:29
Startups are relatively new companies that are just beginning to develop. At WeCompete Lenders we have observed that a majority of startups are fast-growing and dynamic; offering products an… Read More
2017-09-05 13:11
A credit score is a number that determines a person or a company’s creditworthiness. Lenders rely on this when they evaluate your application for credits or loans. Generally a credit s… Read More
2017-09-05 07:52
One of the worst scenarios for a businessman is getting rejected for a much needed loan. After the nationwide financial crisis, small and medium-sized businesses have been experiencing diffi… Read More
2017-09-05 07:46
A merchant cash advance is not considered as a loan, rather it is an advance made on your future revenues. It is paid by deducting a certain percentage from your daily revenues. Thus, the mo… Read More
2017-08-30 04:24
Applying for a loan can be frustrating. Loan applications are associated with increased stress levels because compilation of documents and talking to banks can take their toll. For faster an… Read More
2017-08-10 14:35
A merchant cash advance is not considered as a loan, rather it is an advance made on your future revenues. It is paid by deducting a certain percentage from your daily revenues. Thus, the mo… Read More
2017-08-10 14:29
One of the worst scenarios for a businessman is getting rejected for a much needed loan. After the nationwide financial crisis, small and medium-sized businesses have been experiencing diffi… Read More
2017-08-10 14:22
A credit score is a number that determines a person or a company’s creditworthiness. Lenders rely on this when they evaluate your application for credits or loans. Generally a credit s… Read More
2017-08-10 14:04
Whether it is for expansion or just to keep things afloat, at one point a company would find itself in need of financial assistance. The best way to get this would be through a loan. Applyin… Read More
2017-07-20 04:19
Choosing the right business loan to finance your small business is not as easy as 1, 2, 3. 95% of the merchants we speak to are clueless of the factors that determine the type of rates… Read More
2017-07-19 06:02
New York City, NY: WeCompete Lenders this week announced a broad partnership with Mercury Advance LLC. The new partnership is expected to spark better funding options and innovating business… Read More
2017-07-19 03:53
If you are in need of funds for your business, searching for options and finding a company that suits your needs can be a difficult and puzzling process. You need to ask yourself three quest… Read More
2017-07-18 14:58
Today, it is important to remember that lenders don’t simply hand out money to anyone. Lenders analyze certain criteria in an attempt to determine if a loan is risky. Remember th… Read More
2017-07-13 13:55
An invoice is a commercial document that itemizes a transaction between a buyer and a seller. If goods or services were purchased on credit, the invoice usually specifies the terms of the de… Read More
2017-07-13 13:45
Today’s businesses don’t look a whole lot like yesterday’s businesses.Technology or creative industry companies are often rich in intellectual property, but not the other k… Read More
2017-07-13 13:41
Businesses often find that their customers don’t pay for their goods or services 30-90 days after the invoices are issued, sometimes as long as 180 days afterwards. This funding gap is… Read More
2017-07-13 13:26
CREDIT: LES WAGSTAFF/ALAMYThere are many options for businesses looking to leverage money from future payments for goods and services, but which route is best for you?Invoice financing… Read More
2017-07-12 12:02
Factoring Photo via ShutterstockGetting the right financial product for your small business is important. However, entrepreneurs should be careful about which small business financing o… Read More
2017-07-12 11:50
Cash influxes are quite common when you are planning to setup a new business. Usually, owners look for credit lines or bank loans.Cash influxes are quite common when you are planning to setu… Read More
2017-07-12 10:35
Both merchant cash advances and small business loans provide working capital, but have very different pros and cons.When you’re looking for working capital, how do you know if a mercha… Read More
2017-07-12 10:01
A merchant cash advance (MCA)is a lump sum cash payment given to a company in exchange for a fixed percentage of its daily credit card receipts. Merchant cash advances are short-term financi… Read More
2017-07-12 09:47
When you need to raise capital for your small business quickly, a merchant cash advance or MCA can be a shortcut to funding. While a merchant advance is a convenient option for gro… Read More
2017-07-12 09:16
Image from Rawpixel.com/ShutterstockThese tips can help you choose the best loan to fulfill your business needs and objectives.-Having a good idea plays an important role in being a successf… Read More
2017-07-12 09:11
Photo: Jeff RoseNo one likes being in credit card debt. It’s one of the easiest payment methods for overspending, and yet is the most difficult to pay off because of the… Read More
2017-07-11 14:07
When you start a business, one of the first pieces of advice you’ll receive (and continue to hear over and over again) is that you should never commingle your personal and busines… Read More
2017-07-11 13:58
There’s a big world of loan products out there, but chances are when it comes to financing your business, you’ve only focused on one category: business loans.That makes a lot of… Read More
2017-07-11 13:52
All businesses require financing. However, owners have two general options to consider. They can choose a personal loan or a business loan. Both make sense but in different scenarios. Here… Read More
2017-07-10 16:10
Use of loans secured against unpaid invoices, properties and other assets rises fivefold in a decade.Big businesses are increasingly turning to loans secured against property and other colla… Read More
2017-07-10 15:49
If you’ve researched traditional small business loans, you’re probably aware that you need to have a profitable business, a strong revenue history, and a robust personal cre… Read More
2017-07-10 15:48
Are you looking for working capital to support your real estate investment so that you can acquire more rental properties and make more profits? One of the best ways to acquire the financing… Read More
2017-07-10 15:29
The traditional mortgage lending process is a long tedious affair. Traditional mortgages require a lengthy application after which there is a seven-day waiting period from disclosure before… Read More
2017-07-10 13:22
Equipment FinancingWhether your business is product or service-based, having the necessary equipment is vital to keeping your venture operating smoothly. Replacing, upgrading or purchasing e… Read More
2017-07-10 12:59
This is a good time to finance equipment because there is so much liquidity in the marketplace.Economic times are challenging many businesses today, and the current economic environment pose… Read More
2017-07-10 12:37
Even the most successful business can find itself with limited borrowing capacity. Perhaps you are just starting out, emerging from a rough patch or your business is highly seasonal, to name… Read More
2017-07-10 11:58
When your business needs equipment but you don't have the cash to buy it outright, you have two options: leasing or financing. But which one is better for your business?(Image: Getty Images)… Read More
2017-07-10 00:58
Today's Google Doodle raises a glass to the celebrated agronomistToday’s Google Doodle honours Swedish aristocrat and scientist Eva Ekeblad (1724-86) on t… Read More
2017-07-07 17:14
Making sure you understand what makes your business finances tick is important for any entrepreneur — and business credit is a huge part of that.The access you have to capital is a maj… Read More
2017-07-07 14:48
Being a small business owner means trying to get the most out of what you have to push your company to new heights. While there are a number of ways to secure additional financing for your b… Read More
2017-07-07 14:40
Business lines of credit are one of the most misunderstood business financing products.In principle, they sound great. The reality is that they are often hard to get, difficult to maintain… Read More
2017-07-07 13:46
In times of financial hardship or emergency situations, you may need assistance in paying the bills and filling in the financial gaps.There are lots of funding options available, from credit… Read More
2017-07-07 12:39
Debt consolidation is a great way to refinance your debts, and get hold of your financially softening backbone once again. Missing loan payments once or a few times may cause you to los… Read More
2017-07-07 11:42
Here are a few key strategies that you should know about your personal and business credit scoreWith an estimated 99.95 percent of small business owners and entrepreneurs opting fo… Read More
2017-07-07 01:43
Not all business loans are created equal. These tips can help you determine what type of loan you need to be looking for, and how to get it.Trying to grow your business on your own can be a… Read More
2017-07-06 19:22
Avoid bankruptcy and make your business more solvent with these tips.With lenders tightening the reins on borrowers and prices for everything from materials to health care on the rise, many… Read More
2017-07-06 18:12
Financial independence is at the core of the American Dream.No one sets out fresh out of college with aspirations and hopes of being dead broke at the end of their life!But the unfortunate r… Read More
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