I recently stumbled across this opinion post on Forbes and decided to make a video on it. Coming from PayPal’s Vice President of Global Merchant Lending, Bernardo Martinez, I could easily justify why he would be a creditable source on said topic. As he suggests, the pandemic forced many of us, small business owners, to rely on a loan or grant to help us stay afloat. But by doing so, it also introduced many of us to the concept of using other people’s money to grow our businesses. So I agree that small businesses will take out more loans in 2022. Do you? Watch the video before responding!

Similar Posts

Smart Thermostat – Money Saving March Challenge / Day 6
ByAceGet a Smart Thermostat and Layer Up to Save on Energy Bills Every day, it seems like another bill needs to be paid. From rent and mortgages to water and electricity bills, keeping track of all your expenses can be hard. That’s why we introduced the Money Saving March Challenge! Day 6 of the challenge…

Emergency Savings Fund is a Must in 2022 and 2023
ByAceThe Importance Of Having An Emergency Savings Fund Got unforeseen medical expenses? Does your car need some major repair work? Did you recently lose your job? If your answer is yes to any of the questions above, having an emergency savings fund should be a top priority. And if not, be prepared to deal with…

The Power of General Liability and Workers Comp Insurance of 2024
ByAceProtecting Your Business: The Comedy Duo of General Liability and Workers Comp Insurance Hey there, business owners, contractors, consultants, and all you entrepreneurs hustlin’ out there in the business world! We know you’re juggling more than a circus clown on a unicycle, trying to keep your dreams alive and your cash flow intact. But let’s…

Automated Payments – Money Saving March Challenge / Day 3
ByAceHow to Streamline and Save Money with Automated Payments As an independent contractor, self-employed worker, or gig worker, you know that staying on top of your finances is essential to ensuring that bills aren’t forgotten, or late payments aren’t made. Late payments can put you in debt and ruin your credit score. A bad credit…

Emergency Fund is a MUST in Your 30s – Don’t Make This Money Mistake!
ByAceAn emergency fund is an integral part of any financial plan. If you’ve ever had to suddenly come up with $500 for an unexpected expense like a car repair, you know how hard it can be without some savings set aside. The size of your emergency fund depends on your situation and goals, but the…

The Power of General Liability Insurance for Contractors in 2023
ByAceHow to Protect Your Business and Your Money You’ve probably heard of general liability insurance, but do you really know what it is and why you need it? And did you know there is general liability insurance for contractors? This insurance protects your business from claims made by third parties for bodily harm, damage to…
