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Reliant Funding Nominated for LendIt Fintech Industry Award

The fifth annual LendIt Fintech Industry Awards recognizes rising leaders in the financial services industry in 14 unique categories. Reliant Funding is honored to be nominated as a finalist in the Top Small Business Lending Platform category for 2022, which recognizes organizations based on a combination of loan performance, volume, growth, product diversity and innovation. …

November is National Entrepreneurship Month

The corporate community around the US celebrates National Entrepreneurship Month every year in November. Many businesses, such as Reliant Funding, offer discounts and deals to help small enterprises to commemorate the spirit of entrepreneurship all around. This week only, Reliant Funding is waiving Origination Fees, up to $495, for small businesses who fund before Friday …

How and Why to Become a Certified LGBT-Owned Business

In one study, about one-third of LGBTQ+ small business owners revealed that they lost up to 50% of their business due to the coronavirus pandemic. While various programs assist minority and women-owned businesses, LGBTQ-owned businesses lack similar resources and benefits. If you’re a business owner who identifies as gay, bisexual, lesbian, transgender/non-binary, or asexual, NGLCC …

The Best Books for Small Business Owners

The way to success for small business owners isn’t a degree in MBA. Instead, you must educate yourself on game-changing tips, essential practices, survival strategies, insights, and advice. Luckily, you can read some amazing books that will help you strive for business goals, promote your business, manage your finances, and so on. Learn to navigate …

Keeping Business and Personal Finance Separate — Why Does it Matter?

Entrepreneurs, freelancers, small business owners, and even the executives of massive companies all eventually learn one important lesson: it’s wiser to keep one’s business and personal finance separate than it is to use a single bank account for all your transactions. Why? Turns out, this nugget of wisdom hasn’t persisted for decades because of one …

MCA or Loan: Which is Better for Your Small Business?

Choosing between an MCA or loan can be a smart move for small businesses. According to a recent FTC Study, around 32% of small businesses apply for capital funding through online sources, like Merchant Cash Advances, instead of a traditional loan.   An MCA provides the borrower with a lump sum of money, often available …

How Does a Merchant Cash Advance Work?

Managing cash flow is a high priority for most small business owners. Cash flow problems account for 82% of business closures each year. Securing a merchant cash advance, or MCA, can offer a short-term funding solution for your business. But what exactly is a merchant cash advance, and how does it work? An MCA provides …

The Best CRM for Small Businesses

Customer relationship management software is successful if it handles your small business data in an intuitive, accessible way. The best CRM for small businesses will keep customer data organized and accessible while streamlining communications.  Small business owners are busy, often personally handling IT, finance, marketing, and more – which would have entire departments in larger …

How to Determine Your Small Business Financing Needs

Securing funding for your small business is easier than ever with 30-second online funding applications, but it can be a challenge to determine exactly what your business financing needs are.  While some home-based businesses can get off the ground with as little as $3,000, more capital-heavy businesses can require up to $50,000. So how do …