Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Working Capital

Cryptocurrency

The Most Common Reasons to Get a Business Loan

Working capital is what businesses rely on in order to cover day-to-day expenses. It’s also something that many businesses can struggle to get a firm grasp on, especially seasonal businesses that go through periods of boom and then drop to nothing.

Read More
Opportunities

What Hosts Need to Know about Airbnb

You will need a source of working capital – that is extra money to cover expenses. Ideally this should be a savings or money market account with several hundred or several thousand dollars in it and two or three extra credit cards. A good rule of thumb is to figure out what you will need – then try to save twice that much.

Read More
Opportunities

Payfully Hopes to Cash in on Gig Economy and Airbnb Lending

Payfully makes its lending decisions based upon Airbnb data. That way it makes loans to those with a track record of making of money on Airbnb. If the model works as advertised it will be able to identify potential borrowers with strong cash flow but poor credit ratings.

Read More