Business
Top 7 Ways to Fund Your Business in 2020!
According to the US Small Business Administration there are already 28.8 million small businesses in America, with millions of new businesses started each and every single year.

Accounting for 99.7% of all business in the US, it’s easy to see that these kinds of businesses (responsible for employing 56.8 million people) are the lifeblood and driving force of our American economy. The dream of entrepreneurship helps make our collective American Dream possible – but that’s not to suggest that being a small business owner is without risk, danger, or plenty of challenges.
In fact, a little over 33% of all small businesses are going to fold up shop permanently after just two years in operation. Over five years, 50% of all small businesses are going to be closed forever – and only one third of all small businesses are going to make it to their 10 year anniversary.
There are a lot of reasons behind this skyhigh rate of failure, but 82% of all businesses report that cash flow and financing issues play at least some role in the collapse of their business. 55% of all businesses report that it was the number one issue that kept them from succeeding.
Thankfully though, in the decade plus following the Great Recession when it was next to impossible to get financing for a small business, new options for small business owners have been created in the financial industry – options intended to help entrepreneurs build and grow the businesses of their dreams.line
Below we highlight seven of the best ways you can fund your business in 2020 (and beyond), giving yourself every shot at creating the financial future you’ve always dreamed of, the financial future that you deserve!
Top Seven Ways to Fund Your Business in 2020
Business Lines of Credit
One of the most flexible and versatile sources of business funding and financing in 2020, business lines of credit can give you almost immediate access to the cash and capital you need to take advantage of business opportunities, to grow your business, and to invest in your success.
Best for small businesses that have somewhat unpredictable or seasonal credit needs, particularly businesses that would like a pool of credit they could draw from as needed, it’s possible to get approved for these kinds of financing packages in as little as 30 minutes – all while getting up to $250,000 in cash and capital to use as entrepreneurs see fit.
Equipment Financing
Equipment financing is another nontraditional small business financing option entrepreneurs will want to consider.
Specifically designed to help new businesses get their hands on the equipment and hardware they need to conduct business to expand their base of operations, and to take advantage of new opportunities, these kinds of loans use the equipment itself as collateral to help make the approval process move much faster.
There’s no limit to the amount of cash and capital that can be taken advantage of with equipment financing (because the equipment itself serves to back the loan), and the application process usually takes between 24 and 48 hours to get the green light.
SBA Loans
Small Business Administration (SBA) loans are incredibly popular – and for good reason.
Giving entrepreneurs a government secured loan through traditional lending organizations, when you have been approved for SBA financing packages (a process that can take up to two weeks) you’ll find that almost every reputable lender in the financing industry is more than happy to extend you the cash and capital you are looking for.
On the flip side of things, it can take a little bit of time to actually get your hands on the funding that you were hoping for. It’s not at all uncommon for it to take up to 90 days for you to gain access to funding you have already been approved for, though why it’s possible to draw up to $5 million in SBA loans most people are willing to wait the three months.
Account Receivable Financing
Sometimes called “invoice financing”, this nontraditional small business financing opportunity essentially puts up your Accounts Receivable as collateral to secure the loans that you are hoping to take advantage of.
Most nontraditional lenders will allow you to get up to 90% of your outstanding Accounts Receivables in the form of lending so long as you put these assets up as collateral, giving you plenty of opportunity to sort of use your own business success to fund future success and opportunities that might have been tough to really make the most of otherwise.
Credit Cards
For one reason or another, a lot of entrepreneurs overlook taking advantage of business credit cards when they are hoping to finance their business.
Often times one of the most affordable (and certainly the easiest to take advantage of) financing option out there right now, the only obstacle that entrepreneurs will have to clear here is their personal or business credit score/history. If they have less than picture-perfect credit the odds are pretty good that they’ll have a difficult time making the most of all that these kinds of credit cards have to offer.
With a bit of credit card arbitrage approaches, though, entrepreneurs cannot only get the financing they need for their business but earn rewards and perks with the right cards, too.
Term Loans
As a general rule, the sooner you need cash and capital with term loans the more you’re going to have to pay as far as interest is concerned – but there aren’t a lot of other options out there that can get cash in your hands ASAP, especially when you need up to $500,000.
You can get approval for these kinds of loans inside of 48 to 72 hours, funding in your bank account inside of seven days, and can usually lock in friendly repayment terms for anywhere between one year and five years.
Merchant Cash Advances
Another of the more popular nontraditional forms of business financing available to take advantage of these days, Merchant Cash Advances (MCAs) give you an opportunity to “sell” future sales to gain access to the cash and capital you need right now – repaying of these MCA financing packages with a portion of every sale that your business makes until you’ve pay back the principal and all interest charges.
These kinds of financing packages can be very easy to take advantage of because they are secured with your sales (provided you can prove cash flow), and you can usually get an answer about your approval inside of 24 hours – with funding of up to $1 million inside of 24 hours, too.
Business
Temu’s Low Prices Come With Another Business Question: Customer Data
A low price can make an unfamiliar retailer worth trying. It can persuade someone to download an app, browse a few products, and place a first order. But that purchase also begins a relationship involving personal information. Temu’s agreement to settle Texas privacy claims puts that side of online shopping under scrutiny. The company agreed to restrictions on handling shoppers’ data while denying wrongdoing. The business issue extends beyond one platform: attracting customers through savings and earning their confidence require different kinds of work.
For shoppers, the benefit of a discount is immediate and easy to understand. A product costs less, leaving more money available for something else. Data practices are harder to evaluate. Customers may understand why a retailer needs a delivery address or payment information, yet have little visibility into where other information goes or how long it remains accessible. That gap can leave people making decisions about convenience without fully understanding the relationship behind it.
Texas’s settlement addresses how Temu stores and transfers personal information, including limits on sending data to China beyond what is necessary to complete transactions. The agreement also requires an independent cybersecurity review of the app. These measures resolve allegations rather than establish an admission that the company acted unlawfully. They nevertheless show how the handling of customer information can become an operational issue that demands changes to a retailer’s systems.
For any online business, collecting data can improve the shopping experience. Remembering preferences, showing relevant products, and making checkout easier can give customers useful benefits. The challenge is deciding what information is necessary and explaining its use clearly. Asking for more information than a customer expects can create friction, especially when the reason is difficult to find or understand. A convenient transaction can become less appealing if it leaves unanswered questions.
Trust also develops across the entire experience. A customer who receives accurate product information, a dependable delivery, and straightforward support has reasons to return. Clear privacy controls contribute to that same relationship. They give people a better sense of what they are agreeing to and how they can change their preferences. For businesses, that means privacy deserves attention alongside the product page and checkout process, where decisions directly affect whether shoppers feel comfortable continuing.
Smaller companies face their own version of this challenge. Their websites may use advertising tools, customer databases, booking systems, and outside payment services. Each connection can introduce another place where customer information is processed. Owners benefit from understanding those relationships before making promises about privacy. A reassuring statement on a website has limited value if the business cannot explain what its own tools actually do.
Temu’s settlement highlights a question every retailer has to answer over time: what makes customers comfortable coming back? Price can provide a compelling reason to place an order, but a lasting relationship depends on the experience surrounding it. Businesses that make information practices understandable give customers another basis for confidence. The savings may win their attention. Clear expectations and dependable treatment help earn their next purchase.
Business
Retail Sales Are Rising. That Doesn’t Mean Customers Are Buying More.
A bigger receipt does not always mean a fuller shopping basket. U.S. retail sales increased 0.8% in September, but higher gasoline prices contributed substantially to that growth. Because the headline figures are not adjusted for inflation, an increase in spending does not necessarily mean customers purchased more. Households can hand over more money while getting the same amount, or even less, in return.
That distinction changes how a sales report should be understood. Revenue can rise because more customers are shopping, because existing customers are buying additional items, or because prices have increased. Each situation tells a different story about demand. A higher dollar total provides useful information, but it cannot explain the health of a business on its own.
Imagine a store that sells 100 products at $10 each, generating $1,000. The following month, it raises the price to $11 and sells 95 products. Revenue reaches $1,045, an increase of 4.5%, even though the store sold 5% fewer items. The owner collected more money, but the underlying sales activity weakened. Whether the business earned more profit depends on what happened to inventory costs and operating expenses.
Fuel spending illustrates the same issue in everyday life. When filling a tank becomes more expensive, the driver’s spending increases without providing any additional fuel. That expense also reduces the money available for other purchases. A household might spend more overall while cutting back on clothing, entertainment, or restaurant visits. From the customer’s perspective, the higher total can feel like a loss of purchasing power rather than a sign of financial confidence.
For business owners, rising revenue can therefore hide changes worth investigating. Customers may visit less often, choose cheaper alternatives, or leave out items they previously purchased without much thought. Price increases can temporarily conceal those shifts in the monthly sales total. Tracking transaction counts, units sold, repeat visits, and profit margins helps reveal whether customers are buying more or simply paying more.
Understanding the cause also helps determine the response. A retailer seeing fewer units sold should be cautious about increasing inventory solely because revenue has grown. A business serving budget-conscious customers might benefit from smaller packages, useful bundles, or a clearer range of price options. Discounts require the same attention. Bringing in additional purchases helps only when those sales contribute enough to cover the costs of serving them.
The September figures offer a practical reminder to look beneath the headline. Higher spending can coexist with tighter household budgets and cautious purchasing decisions. Businesses need to understand how much growth comes from prices, how much comes from demand, and how much remains after expenses. A rising sales total becomes meaningful when it reflects a business customers continue to choose and an operation that earns enough to keep moving forward.
Business
Toys R Us Is Coming Back. Can Nostalgia Bring Customers With It?
Some store names bring back a feeling before they bring back a product. Toys R Us is one of them. For people who remember visiting as children, the name can mean excitement, possibility, and a building filled with things they wanted to take home. Now the brand is expanding its physical presence again, with plans announced for additional standalone stores ahead of the holiday season. Its return raises an interesting business question: how much can customers’ memories contribute to a comeback?
I used to go to Toys R Us as a child, and I still have memories of visiting that big toy store. That is part of what makes this comeback interesting to me personally. Hearing the name again brings back something familiar. I can understand why adults who remember those visits would want to walk into a store again, perhaps this time with children of their own.
That emotional connection gives the brand an advantage. Many new retailers have to spend heavily just to introduce themselves. A familiar name already has a place in people’s minds. Customers may notice an opening, tell someone about it, or make a special trip because they remember what the store meant to them. For a returning brand, those memories can help create an audience before the doors open.
But getting people through the door once is different from earning their next visit. Parents shopping today can compare prices, check availability, and order a toy without leaving home. A recognizable sign will not remove those alternatives. The store needs to offer something that makes the trip worthwhile, whether that is discovering an unexpected product, getting helpful guidance, or giving children an enjoyable place to explore.
A toy store has a natural opportunity to make shopping feel like an experience. Children can encounter something they did not know to search for. Parents can see the size and quality of an item before buying it. A well-designed visit can become part of a family outing rather than another task to finish. That gives a physical retailer room to compete on more than convenience, provided the experience feels worth the time and money.
There is also a delicate balance between honoring the past and serving the present. Adults may arrive with memories of enormous aisles and seemingly endless choices. Their children arrive with no obligation to feel the same way. The returning business has to appeal to both. It needs enough familiarity to reconnect with longtime customers and enough relevance to earn the interest of a generation discovering it for the first time.
That is the broader lesson in the Toys R Us comeback. A beloved name gives a business a valuable starting point, but customers still judge what happens when they visit. Selection, pricing, service, and atmosphere determine whether their curiosity becomes a habit. Nostalgia can give parents a reason to bring their children through the door. What those children experience inside will determine whether they ask to come back.
Business
Domino’s Has a Problem More Orders Alone May Not Fix
A busy restaurant can look like a successful restaurant. Orders keep coming in, employees keep moving, and delivery drivers keep leaving with food. But activity does not tell the whole financial story. Domino’s reported stronger quarterly earnings on October 13, while CEO Joe Jordan told Barron’s that customers were buying fewer items per order, putting pressure on franchisees’ profitability. � That combination reveals a challenge many business owners recognize: attracting customers is only part of building a profitable business.
barrons.com
The distinction matters because company results and individual restaurant results measure different things. Domino’s earns revenue through several channels, including supplying its franchise network and collecting royalties. A franchise owner has to make the economics work inside a particular store. Stronger earnings at the parent company do not automatically mean every operator has more money left after expenses. The customer’s purchase needs to generate enough income to support the work required to fulfill it.
Smaller orders can make that harder. A customer might still buy a pizza while skipping a drink, dessert, or side. The restaurant keeps the transaction, but loses some of the revenue that would have accompanied it. Meanwhile, taking the order, preparing it, packaging it, and coordinating collection or delivery still require effort. Some costs fall with the size of the purchase. Others change much less. When the average order shrinks, a business may need more transactions just to achieve the same financial result.
Discounting adds another layer to the decision. A promotion can give a price-conscious customer a reason to choose one restaurant over another. It can also reduce what the business earns from the purchase. That does not make discounts a bad strategy. Their value depends on what happens afterward. Does the offer bring in an additional customer, encourage a larger purchase, or build a repeat relationship? An increase in orders becomes more useful when the owner understands how those orders contribute to profit.
Consider a hypothetical restaurant whose average order falls from $25 to $20. At 100 orders, sales drop from $2,500 to $2,000. It would need 125 orders to recover the original sales total, assuming the average purchase stays at $20. That is 25% more orders, each requiring fulfillment. Even matching the previous revenue would not guarantee matching the previous profit, because the additional transactions could create more packaging, payment processing, delivery, or staffing costs.
The same issue appears outside restaurants. A retailer can increase transaction counts while customers purchase fewer products. A service company can win more bookings while buyers choose smaller packages. Owners need to examine customer volume alongside average purchase value and the costs associated with each sale. Improving the result might mean offering a useful bundle, making relevant additions easier to purchase, simplifying fulfillment, or adjusting a promotion. The right choice depends on what customers value and where the business actually earns its margin.
Domino’s situation is a reminder to look beyond the visible signs of demand. Winning another order matters, but the amount that order contributes matters too. A business can grow busier without growing financially stronger. Sustainable growth comes from understanding what customers spend, what serving them costs, and how much remains to support the business after the sale is complete.
Business
Hackers Aren’t Just Stealing Data. They’re Spoiling the Food.
A supermarket can have customers ready to shop, employees ready to work, and shelves full of inventory, yet still lose the ability to sell its food overnight. Reuters reported on October 12 that hackers manipulated refrigeration systems at French supermarkets, causing food spoilage and fires. Intermarché’s owner said around 150 of its stores were affected, with refrigeration temperatures reaching as high as 122 degrees Fahrenheit. The incident shows how a digital intrusion can become a physical business emergency before the doors even open.
Business owners often associate cyberattacks with stolen passwords, exposed customer records, or payment systems going offline. Connected equipment expands that exposure. When software controls the conditions that keep inventory usable, unauthorized access can damage the products themselves. A refrigerator becomes part of a company’s technology infrastructure, and the consequences of losing control extend directly to what the business can sell.
Remote access has an understandable appeal. Equipment can be monitored and adjusted without requiring someone to travel to every location. That convenience becomes especially valuable for businesses operating multiple sites. But it also creates a responsibility to maintain the software supporting those systems. In this case, Danfoss, a refrigeration controls supplier, said affected units were running outdated firmware. Equipment maintenance increasingly includes the digital controls inside the machinery, alongside compressors, wiring, and other physical components.
For a retailer, the financial consequences can extend well beyond the purchase cost of discarded food. Employees must inspect stock, document losses, clean affected areas, and help restore operations. Replacement inventory has to arrive, while customers may encounter empty shelves or shop elsewhere. Even a short interruption can create several expenses at once. The full business impact depends on how quickly the store detects the problem, limits the damage, and returns to normal service.
The story also raises a practical question about responsibility. A store may own the refrigeration equipment while an outside company maintains it and another supplier provides the control software. That arrangement can work efficiently, but someone still needs clear responsibility for updates, remote access, and incident response. Assuming a vendor handles everything can leave an owner unaware of what is being maintained, what has become outdated, and who should respond when something goes wrong.
The lesson applies wherever connected equipment protects something valuable. Restaurants depend on cold storage. Manufacturers rely on stable operating conditions. Other businesses use building controls to protect stock, equipment, or essential services. Owners need to understand which connected systems their operations depend on and what a failure would interrupt. Reviewing access, maintenance arrangements, alerts, and recovery procedures becomes part of managing the business itself.
The French supermarket attack makes cybersecurity tangible. Its consequences appeared in refrigeration aisles and unusable inventory, rather than remaining confined to a computer screen. As more everyday equipment becomes connected, protecting the business means understanding those connections and maintaining them throughout the equipment’s life. A system that helps a company operate more efficiently also needs safeguards that match the value of everything depending on it.
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