Home Equity Agreements: What Shared-Appreciation Cash Really Costs
Home equity agreements trade cash now for a share of your home's future value — no interest, but a balloon settlement and no IRS mortgage-interest deduction.
#loans
Loans
Track and manage business loans, interest, and repayment schedules
SBA International Trade Loans Now Carry a 90% Guarantee: What the 2026 Expansion Means for Your Business
The SBA's May 2026 expansion gives International Trade Loans a 90% guarantee and deems all manufacturing plus food supply chain NAICS codes import-injured.
Assuming the Seller's 3% Mortgage: How FHA, VA, and USDA Loan Assumptions Work in 2026
FHA, VA and USDA mortgages can be assumed at the seller's 3% rate while new loans cost 6.76%; the catch is the equity gap due at closing.
Lending Money to Your Own S Corporation: How Stock Basis, Debt Basis, and Loan Paperwork Decide Whether Your Losses Are Deductible
An S corporation K-1 loss is deductible only up to your stock basis plus debt basis, and a personal guarantee of a corporate bank loan creates zero debt basis. This guide covers the two basis buckets, the $25,000 open-account-debt threshold, the repayment gain trap, and the documentation that keeps a shareholder advance from being reclassified as equity.
Affirm FY2026 Q4 Earnings: $1.17B Revenue, a $1.5B Tax Benefit, and a $9.0B Loan Book
Affirm's fiscal Q4 2026 (ended June 30, 2026) posted $1.17 billion of revenue (+33%) and $14.1 billion of GMV (+36%), but the $4.62 GAAP EPS against a $0.85 consensus was driven by a roughly $1.5 billion non-cash valuation-allowance release — cash taxes paid were about $7 million. Full-year operating income turned positive at $417 million while the $9.0 billion net loan book runs on $9.8 billion of funding debt, modeled FY2022–FY2026 in a public Beancount ledger.
What Happens When You Cannot Pay Your SBA Loan: Default, Workout, Offer in Compromise, and Treasury Collection
SBA loans typically enter default after three to four missed payments; past 60 days past due with long-term problems, servicing rules push lenders toward liquidation over deferment. The sequence runs lender collateral seizure and personal-guarantee enforcement, SBA guarantee purchase with a 60-day demand letter, a lump-sum offer in compromise on Forms 1150 and 770 after collateral is liquidated, and finally Treasury Offset Program collection via tax refund offset and administrative wage garnishment.
Mortgage Points and Origination Fees on Rental and Business Property: What to Amortize, and the Same-Lender Refinance Trap
Points on rental and business property are prepaid interest that must be amortized per scheduled payment, not per year — $4,800 on a 20-year loan is $20 a payment, so a 3-payment first year deducts $60. Refinancing with the same lender blocks the write-off of leftover points and rolls them into the new loan's term.
Peer-to-Peer Lending Bookkeeping: 1099-OID Interest, Netted Platform Fees, and Bad-Debt Write-Offs
P2P lending interest arrives on Form 1099-OID net of platform servicing fees, so those fees are never deducted separately; a defaulted note is usually a nonbusiness bad debt, deductible only when totally worthless and only as a short-term capital loss capped at $3,000 of ordinary income per year.
The Personal Guarantee Trap: What Signing That SBA Loan Really Puts on the Line
SBA rules require an unlimited personal guarantee from every owner holding 20% or more, and 59% of small businesses with debt have pledged one. Here is what SBA Form 148 actually obligates you to, the five traps founders miss — including guarantees that outlive your ownership — and the caps, burn-offs and release letters worth negotiating before you sign.
Illinois Just Rewrote Its Pawnbroker Law: What the Auto-Title Ban and New Reporting Rules Mean for Your Shop's Books
Illinois replaced its pawnbroker statute with the Pawnbroker Regulation Act of 2023, ending auto-title advances under a pawn license, capping active licenses at 250 statewide (150 in specified populous counties), and adding electronic police reporting plus aggregate data collection. Here is how to structure a pawn shop's chart of accounts, book forfeitures at lower of cost or net realizable value, and run off title-secured balances separately.
Embedded Business Lending for Freelancers: How to Compare Offers Before You Borrow
Embedded lending marketplaces like Lili's Lendio integration put loan applications inside your banking dashboard, but the lender—not the platform—sets your terms. A practical framework for freelancers to compare net proceeds, total repayment, factor rates, and payment burden, stress-test a slow month, and record the debt properly before accepting an offer.
Employee Cash Advances: Record Repayment Without Creating Hidden Compensation
Classify an employee advance as a wage payment, business-expense advance, or personal loan before the cash leaves the bank, route it through one Assets:Employee-Advances clearing account, and reconcile the open balance every pay run so it never becomes hidden compensation.