Definition A FICO score is a credit scoring model that is widely used by lenders to assess the creditworthiness of individuals applying for credit, such as loans, credit cards, mortgages, and other types of financing. What is a FICO score? The FICO score is based on information in individuals’ credit reports and provides a numerical […]
Our invoice factoring calculator can help businesses estimate the cost and benefits of using invoice factoring services. It helps in determining how much cash a company can receive by selling its accounts receivable to a factoring company and what fees or charges may be involved in the process.
Definition Revenue refers to the total amount of money earned by a company from its normal business activities over a specific period. What is revenue? Revenue, also known as “sales” or “income,” represents the top line of a company’s income statement and is calculated by multiplying the quantity of goods sold or services sold by […]
For small businesses or start-ups, securing funding is the foundation for expanding your company. Business loans and lines of credit can provide the necessary capital but also come at a cost. Calculating your cost of debt helps you to figure out if taking on debt makes financial sense for your company’s situation and future goals. […]
When starting a small business, one of the most important legal and structural decisions owners face is whether to establish a partnership or corporation. The business structure you choose for your small business can impact everything from day-to-day operations, legal protections, taxation, and financing. Understanding key differences will ensure you choose the best structure to […]
Tractor financing Page written by Chris Godfrey. Last reviewed on October 9, 2024. Next review due October 1, 2027. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more […]
Forklift Financing Page written by Chris Godfrey. Last reviewed on October 9, 2024. Next review due October 1, 2027. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more […]
A DUNS (Data Universal Numbering System) number is a unique nine-digit identifier assigned to businesses by Dun & Bradstreet, a leading business information provider. This number is used to track your company’s credit and financial history, as well as to verify your business’s identity and legal status. As a small business owner in the United […]
Excavator financing Page written by Chris Godfrey. Last reviewed on October 9, 2024. Next review due October 1, 2027. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more […]
Definition Green finance refers to financial products, services, and investments that support environmentally sustainable projects, businesses, and initiatives. What is green finance? Green finance focuses on financing activities that have positive environmental outcomes, such as renewable energy projects, energy efficiency improvements, sustainable agriculture, waste management, clean transportation, and conservation initiatives. These investments aim to reduce […]
Our cash flow calculator can be used to estimate the amount of money coming in and going out of a business over a specific period. It typically takes into account income sources, expenses, investments, loans, and other financial transactions to determine the net cash flow.
An income statement is one of the three main financial reports for your company. It holds vital information about your business such as revenue and expenses – painting a clear picture of the company’s profitability and operational efficiency over a specific period. This document serves as an essential tool for business owners, investors, and financial […]
Our receivables revenue calculator helps you determine how efficiently your company is managing its accounts receivable by measuring the net credit sales, accounts opening and accounts closing.
Disclaimer: Swoop Funding LLC (“Swoop”) is a financial technology platform and commercial finance broker, not a lender. Swoop does not provide loans or make credit decisions. We match US-based firms with third-party lenders, equity funds, and grant agencies. All financing is subject to lender credit approval and the specific terms and conditions of the funding provider.
Broker Compensation Disclosure: Swoop provides its platform and matching services to applicants at no direct cost. We receive compensation in the form of a commission or referral fee from the finance providers in our network upon successful placement. This compensation may vary by provider and product. In certain instances, the commission paid to Swoop may influence the interest rate or terms offered by the lender, which can affect the total amount payable under your agreement.
Credit Authorization & FCRA Notice: By submitting an application or registering an account, you provide “written instructions” to Swoop under the Fair Credit Reporting Act (FCRA) to obtain your personal and/or business credit profile from consumer reporting agencies. This information is used solely to evaluate your eligibility for financing and to match you with appropriate lenders in our network.
State-Specific Disclosures:
Florida & Utah: Swoop complies with state commercial financing disclosure laws regarding the transparency of terms for non-real estate secured commercial transactions.
Entity Information: Swoop Funding LLC is a Delaware limited liability company. US Headquarters: 43 W 23rd St, New York, NY 10010, United States. Contact: hello@swoopfunding.com
General Terms: Applicants must be 18 years of age or older. All firms must be registered and operating within the United States. SBA loans are issued by private lenders and guaranteed by the U.S. Small Business Administration; Swoop is not a government agency. Please review our Terms of Use and Privacy Policy for full details.
If you have a complaint, please refer to our Complaints Policy.
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