Image by GettyImages; Illustration by Bankrate Key takeaways The timeline to get a bank business loan varies, but expect it to take at least a week. Several factors influence bank loan processing, including the lender and type of loan. Gathering the required loan documents before applying can speed up loan…

Key takeaways An option is a side bet among traders over what the price of a stock will be at a certain time. With stocks, you take an ownership stake in the company. Your risk tolerance, level of experience and investing goals play a big role in deciding which one…

Key takeaways You can save on interest payments by transferring debt to a zero-interest intro APR balance transfer card. In addition to transferring credit card debt, some balance transfer cards allow you to transfer personal loans, auto loans, home equity loans and student loans. Keep in mind that not all…

Key takeaways Access to capital is one of the many financial challenges minority-owned businesses face. Business grants are a great option for minority-owned businesses since they don’t require repayment. Alternatives to business grants include business loans, business credit cards and crowdfunding. Minority-owned businesses make up about half of all the…