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Can Businesses Use Personal Loans?

NoSystem images/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways Personal loans can be used to cover business expenses. Some lenders…

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How to Get a Small Business Loan When Self-Employed

Key takeaways Bank loans are great for low interest rates, but because of their strict underwriting requirements, self-employed business owners…

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Is Credit Card Interest Tax Deductible?

Key takeaways Credit card interest is not tax-deductible for personal expenses. The government stopped allowing a tax deduction for credit…

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Documents Needed For A Bank Business Loan

Key takeaways Banks require financial statements, formation documents as well as your personal credit score and bank statements to apply…

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What is a working capital line of credit and how does it work?

Key takeaways You can use a working capital line of credit to cover everyday business expenses, such as payroll or…

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15 Of The Most Profitable Businesses In 2023

Key takeaways You can get an idea of the most profitable small businesses by checking the size of the industry…

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Best Business Debt Consolidation Loans In 2024

Key takeaways The best business debt consolidation loans will offer you longer repayment terms or lower interest rates You can…

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Business Loan Prepayment Penalties: What Are They?

PixelsEffect/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Lenders charge business loan prepayment penalties when borrowers pay off a loan early.…

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How small businesses can survive tariffs, according to a supply chain expert

President Donald Trump has announced, rescinded, raised and adjusted dozens of tariffs over the first months of his presidency, leaving…

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The business owners embracing Trump’s tariffs

Tariff worries have been looming for small business owners across the United States, with import taxes promising price increases, shortages…

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