Do I need insurance to qualify for small business loans?
No, insurance is not always required, especially for smaller loans. High debt-to-income ratios or large loan amounts may necessitate insurance.
What credit score is needed for small business financing?
Requirements vary by lender, but a credit score of 650 or higher will qualify for most small business loan programs.
How much money can I borrow from Amazon Lending?
Amazon Lending offers loans up to $1 million, with specific loan amounts based on your sales history and other eligibility factors.
Does PayPal Working Capital require collateral?
No, PayPal Working Capital does not require any business or personal assets to be put up as collateral to secure the loan.
What fees and rates come with crowdfunding?
Crowdfunding platforms charge various fees and you also offer rewards or equity to investors. Compare total costs across different platforms before choosing.
Can I get a payday loan for my business?
Yes, but the fees and interest rates on payday loans are extremely high. Only use them as a very last resort for immediate cash flow emergencies.
Is purchase order financing the same as a bank loan?
No, purchase order financing involves selling outstanding invoices or purchase orders to an investor. You receive funding more quickly without interest or strict repayment terms.
A recent data exposure at a fulfillment vendor affected thousands of ecommerce customers' records. Four questions worth asking about data retention, access controls, breach notification, and subprocessors before you sign with a 3PL.
Apparel fulfillment is harder than standard ecommerce: size-and-color SKU matrices, high return rates, and poly-bag and hang-tag requirements. Here's what changes when you move clothing through a 3PL, what to ask before you sign, and how Simpl runs apparel programs, starting at $7/order.
What does order fulfillment actually cost? This guide breaks down every fee type, from pick-and-pack to receiving, storage, and setup, with real industry ranges and Simpl's flat-rate model as a case study.
