This is a guest post by Rebecca Lake, Lendio. Consumers frequently fall victim to fraud and scams but businesses are also at risk. Scams involving small businesses result in financial losses of approximately $7 billion annually, according to a 2018 report from the Better Business Bureau and Federal Trade Commission….
How to Check Your Credit Score for Free
This is a guest post by Jeff Gitlen, Lendedu. When it comes to your financial life, your credit score is very important. In the United States, credit scores are used to judge your creditworthiness and your financial trustworthiness. That means lenders use your credit score to decide whether to approve…
A Small Business Owner’s Guide to Local SEO
This is a guest post by Milan Vracarich, Lendio. When smart entrepreneurs work on a business task, they think about a number of things, including the return on investment. When it comes to your business’s online presence—whether you have a digital storefront or a brick and mortar location—it’s important to…
Customer Spotlight: Right Electrical Services
Co-owner Angela Rose shares Right Electrical’s story on how their slogan, “Do it the Right way”, has helped them separate from the competition and how partnering with the right lender has helped them grow their business. When did you start Right Electrical Services and what was your motivation behind starting…
FactorAdvantage – Added Value to Our Partners
At this year’s joint factoring event co-hosted by the New York Institute of Credit (NYIC) and the International Factoring Association (IFA), panelist Ed Stucky, President, CEO of Republic Capital Access, shared how his firm has overcome some of the barriers in winning new business with FactorAdvantageSM. To listen to Ed talk…
2018 Summer Milestones
Breakout Capital’s third anniversary last month included many milestones, events, and celebrations. Breakout Capital nearly doubled in size within the last 6 months to keep pace with our lending and technology development growth. After having month over month sales growth through the first two quarters of 2018, Breakout completed a…
Hear from our latest SBA Loan Graduate
The number of small businesses Breakout Capital has helped graduate to SBA Loans increases every month. June was no different. Read below to hear the details from our latest graduate, an interior design company that chose to remain anonymous. When did you start your business? It got started in 2011,…
Does a Cash Advance or a Loan Make More Sense for My Business?
This is a guest post by Sara Amato, Lendio. When your business is strapped for cash, it’s stressful. And though there are a host of options for borrowing the money you need, there are also a host of factors to consider. How do you know which type of financing is…
Customer Spotlight: Pop Your Pup
We recently spoke with Carmelo Mastrangelo, one of the founders of Pop Your Pup, a popular website for animal lovers, founded on and driven by keeping their customers happy and excited with products they will treasure for years. Read more about how Pop Your Pup started, and how Breakout was…
Customer Spotlight: Apex Home Energy Savings
Apex Home Energy Savings helps homeowners get the most savings on their energy costs by reducing heating and cooling bills by specializing in heating & air conditioning design and installation, geothermal, solar panels, insulation, solar attic fans among other products and services. Their footprint has expanded over the years, and…
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