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The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
A BBB-accredited company agrees to abide by a set of accreditation standards BBB says are "attributes of a better business." These include honesty in advertising, transparency, and responsiveness ...
The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...
Number of employees. 39,600 (2023) [ 1] Website. maximus .com. Maximus Inc. is an American government services company, [ 2] with global operations in countries including the United States, Australia, Canada, and the United Kingdom. [ 3] The company contracts with government agencies to provide services to manage and administer government ...
A startup business loan is any loan that helps get a new business off the ground. According to the Federal Reserve Banks’ 2023 Firms in Focus, 70 percent of companies under two years old used ...
Short-term business loans have downsides, such as smaller loan amounts, shorter repayment terms, frequent payments and higher costs. Business owners might find themselves in a situation where they ...
The debt service coverage ratio ( DSCR ), also known as "debt coverage ratio" (DCR), is a financial metric used to assess an entity's ability to generate enough cash to cover its debt service obligations, such as interest, principal, and lease payments. The DSCR is calculated by dividing the operating income by the total amount of debt service due.
A business loan is a loan specifically intended for business purposes. [ 1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash ...