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This is a terrible situation. Predatory lenders dealing with owners who are in no position to take on a loan. I run my company with Quickbooks Online, and they
by jermaustin1 8y ago
This is a terrible situation. Predatory lenders dealing with owners who are in no position to take on a loan.
I run my company with Quickbooks Online, and they have a "feature" called QuickBooks Capital, where you can secure short term loans at not terrible interest rates (~10%), and they report your payment history to your DUNS number, building your company's credit history.
I take out $20k every 6 months and pay it back weekly over their 6 month payment window and end up paying something small like 4-5% interest on it.