Jasmin Suknanan

2 months ago | cnbc.com | Jasmin Suknanan

If you've already opened a checking account for your business, congratulations! Now's the perfect time to add a business savings account (if you haven't already). A business savings account lets you separate cash you need to spend from cash for a rainy day. Plus, it's also a smart way to put some money away for taxes. There's lots to like about the Axos Bank Business Premium Savings, including no deposit to open, no monthly maintenance fee and a very attractive welcome bonus.

2 months ago | cnbc.com | Jasmin Suknanan

A low credit score shouldn't stop you from securing the funding you need to grow your business. Some lenders offer loans with low or no credit score requirements. Granted, it's likely you'll be on the hook for paying higher interest rates. But making your payments in full and on time can help you increaseyour credit score (for the next time you need a loan) all while giving your business a financial boost.

2 months ago | cnbc.com | Jasmin Suknanan

Kiva is a nonprofit peer-to-peer lender that places a premium on popularity. Unlike most lenders, which use credit scores, accounting statements and other traditional gauges of financial success to decide who gets a loan, Kiva believes that if you can recruit a group of supporters on your own, then you have enough social capital to access its wider network of more than 2 million partner lenders. It's a novel concept that naturally appeals to the entrepreneur who lacks cash but is rich in friends.

Mar 18, 2025 | cnbc.com | Jasmin Suknanan

If your business is falling short on cash, and it's getting harder to (literally) keep the lights on, a working capital loan can be a short-term answer to your financial prayers. This type of loan can help you pay for the basics of having a business, like rent, utilities and more. Here's what you need to know about working capital loans, including what they cover and how to pick the best one for your business. What is a working capital loan?

Feb 27, 2025 | cnbc.com | Jasmin Suknanan

Like flossing your teeth or cleaning behind the toilet, managing your business's bookkeeping is one of those tasks you probably don't love — but neglecting it isn't an option. One way to take (some) of the pain out of accounting? Get the right bookkeeping software. Zoho Books makes a strong case for itself with its affordability and expansive features.