Business Loans
How a Loan Origination Fee Raises Your True Borrowing Cost
An origination fee rarely looks like much on a term sheet.
A contractor I worked with logged in on a Monday to draw $40,000 for a materials order and found his $150,000 business line of credit sitting at $60,000.
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Business Loans
An origination fee rarely looks like much on a term sheet.
Games
Loot boxes are one of the most studied ideas in modern game design, and for a reason that has little to do with games.
Lines of Credit
A client rang me last spring holding her first line of credit statement and a calculator.
Lines of Credit
The call I dreaded making as an underwriter usually came about three weeks before a line of credit matured.
Games
Anyone who has played a crafting or survival game knows the moment your workbench is full, your materials are gone, and your...
Games
Plenty of role playing and survival games hide a lender in some back alley who will hand you gold the moment you run short.
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Three people who have sat on different sides of a funding decision: a former underwriter who spent a decade deciding which loan applications got approved, a small business owner who has borrowed through a term loan, two lines of credit, and one merchant cash advance she still warns people about, and a bookkeeper who sees a client's cash flow problems months before the owner does. Every article carries a byline, and nothing runs that the writer has not actually dealt with.