Most people have a decent understanding of their personal credit score, but not so many are as familiar with their business credit scores. Your business credit score is crucial in determining whether or not your enterprise is fit to borrow, how much interest you’ll have to pay on credit, and in some cases, whether or […]
Credit Score
Your Personal Credit Score Matters More Than You Realize to Your Business
As an entrepreneur, it is assumed that you are aware that your business credit matters. It makes a difference in applying for loans, it affects your credit score, and improves your ability to apply for credit with your vendors. But How Aware Are You? Lenders of all kinds, especially banks, will look at how your […]
Why Personal Credit Matters When Funding Your Business
Once you register your business as an LLC or a corporation, it begins building its own credit score. This doesn’t render your personal credit score irrelevant, though, because it takes some serious time and revenue for your company to stand entirely on its own. If you have a poor credit score, that can cause problems […]
What is a Credit Inquiry and Why is it Important?
There are a lot of factors that go into determining your credit score. While you’re likely aware that being tardy in repayments or declaring bankruptcy are the kinds of things that can damage your credit score, are you aware of the impact that a credit inquiry can have on your score? Below we’ll take a […]
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 […]
How to Improve Your Credit Score Before Making Important Investments
Being a successful and responsible adult involves taking important decisions like the place where we desire to live, to consider a retirement fund or even an extra income out of Forex Trading. However, prior deciding for any of these viable ways to invest our money we should consider what do banking entities and businesses, in […]
Protect 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 […]
How to Tell If It’s the Right Time to Start a Small Business
Many people dream of owning their own businesses, but it’s a lot easier said than done. Lots of potential entrepreneurs put off the dream for years and years, waiting until they are ready to take the plunge. But how can you tell if you’re truly ready? What are some things you can do to gauge […]
