Posts Tagged ‘Business Credit’
5 Ways You Could Be Damaging Your Company’s Credit Score
Almost every small company needs to borrow at one point or another, and ideally sooner than later. And when you do, your credit score will dictate who does business with you and at what interest rate. So it’s in your interest to keep your score as high as possible. Here are a few common pitfalls…
Read More4 Ways to Make the Most of Your Business Credit Card Rewards
Many small business owners have come to depend on their business credit card—and for good reason. Beyond providing a revolving line of credit and a simple way to improve your business credit score, they can also help you cover your business expenses (and track them for claiming your tax deductions). By responsibly using a business credit card…
Read More7 Ways Your Small Business Can Thrive Without Venture Capital
As you read about one startup after another scoring a round of funding, you may have pondered what it means for you to say “enough with the bootstrapping.” The world may call it a bold dream. But in reality, is it achievable? Citing data from Small Business Administration in 2013, Forbes reported that there are…
Read MoreCommon Pitfalls When Seeking Financing for Your Small Business
Small business owners often seek working capital to help with business growth, refinance existing business debt, or to purchase/update technology or equipment. When you are seeking financing for your small business, there are things you should be aware of to help streamline the process and time period it takes to fund your loan request. In…
Read MoreProtect Your Personal Credit Score to Boost Your Business
If you’re running a very small business, or a very young one, you may not have the corporate credit score you require to take out the borrowing you need. In this case, you’ll be relying on your personal credit score to obtain finance—so what you can do to boost it? Here’s how to build your…
Read MorePreparing for a Small Business Loan
As busy small business owners, we don’t celebrate milestones enough. While the world may not know about the important steps you took before officially launching your business, you know the many joys and struggles that preceded the “start” of your company. Financing works the same way. Getting the first small business loan disbursement in your…
Read MoreHow to Start a Small Business Without Ruining Your Credit
Starting your own business is no doubt a noble endeavor. But on the road to becoming a successful entrepreneur, you’ll encounter numerous obstacles that will test your courage, character, and ability to remain focused and positive. To take the helm of your own enterprise is truly the adventure of a lifetime. For aspiring entrepreneurs, starting…
Read MoreWhy Banks Deny Small Business Loans
There are many reasons why banks deny an applicant’s small business loan request. Unfortunately, this happens too often, even when the business idea is a great one. Why does this happen? Why is it so hard for entrepreneurs and small business owners to gain the financing they need to start or run their business? Understanding…
Read MoreHow to Apply for an Online Business Loan
Online lending can be complicated, with a few traps for the unwary. So if you’ve never searched for a loan online, you could benefit from a few pointers. Here’s how to make sure you get the finance you need. Decide how much you require. This may sound obvious, but it’s an easy way to go…
Read MoreDoes Credit Monitoring Truly Prevent Identity Theft? What You Need to Know
The problem of identity theft is a very real one. More than 10,000 identity fraud rings are estimated to be operating in the United States alone. Not surprisingly, identity theft has been the most dominant type of consumer fraud complaint to the Federal Trade Commission. The federal government has already made moves to combat this…
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