What You Should Know About Business Credit… But Probably Don’t…
Everything You Should Know About Business Credit... But Probably Don't... Business credit is credit under your business name that's associated with the business's EIN number. What you probably didn't know is that this is credit your business can attain that is not...
Building Up Business Credit
Building Business Credit When applying to most Business Credit cards you need to have good consumer credit in order to get approved. But let’s say your personal credit isn’t that good and you don’t have a guarantor? What can you do? This is when building...
Business Credit Secrets- The SCARY TRUTH about starting & scaling your business!
Business Credit Secrets- The SCARY TRUTH about starting & scaling your business!
How to Get Revolving Lines of Business Credit Without Using Your Own Personal Credit
What Are The Differences Between Personal and Business Credit Scores?
Differences Between Personal Credit Scores and Business Credit Scores. The Business Credit Score is a mathematical model used to portray a business’s risk of going ninety days late on an account within the next 12 months. A personal credit score is a mathematical...
Bank Credit
Bank credit is the total amount of borrowing capacity a business can obtain from the banking system. Banks have their own internal way of scoring and rating businesses credit worthiness They do this through a system called bank ratings, which rates the credit...
5 Factors That Affect Your Business Credit
What makes up your business credit score? What gives you the best chances of getting a loan? Here are a few factors that play into your business credit picture, and what you can do to make the most of them: 1. Payment History - Your payment history is an important...
Have You Been Denied Business Credit?
Denied Business Credit? According to recent reports, as many as one third of applications for business loans are denied. If you find yourself as part of that group, there are some things you can do to help the situation. The first thing you need to do is try to...
The 5 Cs of Business Credit
The 5 Cs of business credit are: 1. Character 2. Capital 3. Capacity 4. Collateral 5. Conditions Character is all about you. It’s about your personal history, your stability, and how reliable you are. This variable is more subjective than the others, and is one of...
The Benefit of Business Credit
Benefits of Business Credit I’m going to ask you to do something that will only take up a moment of your time. Let’s imagine having the potential to access $50,000, $100,000, even $250,000 for your business. Now take a moment and imagine doing this without having your...
Sources to Funding
Funding Sources There are many sources who offer business funding today. Knowing the different sources will help you find the best funding options for your business. Business Charge and Credit Cards are a...
The 4 C’s of Business Lending
If you are looking for money for your business than you will be happy to know you only need one “C” to qualify. In lending when we look to see if a client is fundable we are looking for one of the 4 “C”s. You don’t have to have all of the 4 Cs, only 1 to secure...