Seek Knowledge

Tap into great ideas from the team at Seek Capital

How to Find The Cost of Goods Sold For Your Business

Everything you need to know about the cost of goods sold so that you’ll be able to crank out your COGS like a pro in no time. 

Top 8 Recession Proof Businesses

Recessions happen for any number of reasons and often create sudden and significant financial hits for all kinds of businesses. In fact, young entrepreneurs who are just coming of age have experienced one recession or another for most of their lives.

How Do Business Credit Cards Work?

Business credit cards are meant to be used for essential business purchases, including equipment, employee costs, transportation costs, and supplies. Because of this, business credit cards typically have several major differences from regular credit cards.

Everything You Need To Know About Purchase Order Financing?

60% of small businesses struggle with cash flow every month. This is why PO financing is an excellent option for young companies looking for solutions to fit their financial needs.

EBIT vs EBITDA: What’s the Difference?

At a quick glance, you may not even notice the difference. While these two acronyms have many similarities, they function in slightly different ways. EBIT and EBITDA are metrics used to measure a firm’s profits.

What You Need to Know About Commercial Mortgage Rates

If you’re looking to purchase a building for your business or set up a new mortgage for your current enterprise’s home, you need to know about commercial mortgage rates.

8 Opportunities For Minority Small Business Grants

Starting a new business is no easy task. Even after you’ve spent countless hours coming up with your product or service, building your team, and constructing a comprehensive business plan, all of this work is useless until you’ve secured the necessary funding. 

What Is APR and Why Is It Important?

When applying for loans or credit of any kind, a few terms are thrown around frequently. One of these terms is APR, or annual percentage right. When applying to borrow money from any institution, you can be sure that the term APR is going to be used.

What Is a Profit and Loss Statement

Profit and loss statements, also known as P&L statements, are a statement that is released quarterly and annually by all businesses. They are a set of documents that summarizes revenues, costs, and expenses incurred during the period that they are released for, be it a quarter or a fiscal year

Understanding When Quarterly Taxes Are Due for Small Businesses

Rather than paying taxes throughout the year, via an income tax, or annually like an individual, small businesses pay their taxes quarterly. Understand how the quarterly taxes system work and when they’re due.

Understanding Hard Inquiries on Your Credit Report

Essentially, a hard inquiry is when a lender requests a full credit report as a part of your credit or loan application process. These inquiries help credit lenders determine the risk you pose as a borrower.

Understanding Accounts Receivable

Accounts receivable, or AR, are entries on the balance sheet for your business that represent money owed to your business for goods or services. These accounts have yet to be paid on by customers and are a balance due from the client.

Is EIDL Forgivable? Everything You Need to Know

Can the EIDL be forgiven? Are there any other details you need to know about the EIDL before you apply for this assistance yourself? We’ll break down the answers to both of these questions and more below.

How to Stop Bullying at Work

Bullying in the workplace is when an employee suffers poor treatment from another employee they work with. It can take any form, from physical threats to teasing or being excluded.

How to Acquire Food Truck Financing

When considering your food truck, you have several options as a business owner. But there are differences in the borrower’s requirements, the amount you can get, and the cost of the loan. 

Loan Timeline: How Long Does It Take To Get A Loan

Whether you’re in the market for a new home, looking to finance a vehicle, or seeking some extra cash flow for a new startup business enterprise, taking out a loan is a must for most people. Loans make it possible for people to make major purchases without having to have huge sums of cash on hand.

How to Find The Cost of Goods Sold For Your Business

Everything you need to know about the cost of goods sold so that you’ll be able to crank out your COGS like a pro in no time. 

Top 8 Recession Proof Businesses

Recessions happen for any number of reasons and often create sudden and significant financial hits for all kinds of businesses. In fact, young entrepreneurs who are just coming of age have experienced one recession or another for most of their lives.

How Do Business Credit Cards Work?

Business credit cards are meant to be used for essential business purchases, including equipment, employee costs, transportation costs, and supplies. Because of this, business credit cards typically have several major differences from regular credit cards.

Everything You Need To Know About Purchase Order Financing?

60% of small businesses struggle with cash flow every month. This is why PO financing is an excellent option for young companies looking for solutions to fit their financial needs.

EBIT vs EBITDA: What’s the Difference?

At a quick glance, you may not even notice the difference. While these two acronyms have many similarities, they function in slightly different ways. EBIT and EBITDA are metrics used to measure a firm’s profits.

What You Need to Know About Commercial Mortgage Rates

If you’re looking to purchase a building for your business or set up a new mortgage for your current enterprise’s home, you need to know about commercial mortgage rates.
Did You Know?

We've funded over $400 million for small business owners since 2015