Blog posts tagged with "Credit Scores"

The Top Benefits of Having a Good Business Credit Score

June 06, 2022
As a small business owner, it’s vital to establish a good credit score when starting a business. Without solid credit, you won’t be able to afford additional financing. This is crucial because you likely won’t have enough cash to afford all your expenses. This includes startup costs like equipment, advertising, inventory, and payroll.

Personal Guarantees: Do You Need to Sign One to Get a Loan?

May 16, 2022
As you know, the past few years have created profound challenges for business owners across the globe. Now more than ever, many entrepreneurs require business financing options, such as small business loans, to maintain their operations.

How to Get Approved for a Business Loan with No Credit Check

May 09, 2022
A small business loan can help you cover various expenses such as equipment, inventory, and payroll. However, if you don’t have a credit history, it can be challenging to qualify for one.

How to Get a Small Business Loan with Bad Credit

April 25, 2022
As you probably know, maintaining an above-average credit score is immensely important while running a small business. Having strong credit can be especially pivotal when you require additional working capital and want to apply for a small business loan from a traditional lender. Unfortunately, if your credit score is low, it can make it very challenging to get approved for financing.

Business Credit Score vs. FICO Score: What’s the Difference?

April 21, 2022
You have a FICO score if you’ve ever paid for a car, house, college tuition, opened a credit card account or submitted a rental application.

Are Small Business Loan Approvals Based on Personal Credit?

September 13, 2021
If you’re seeking additional business financing and need increased cash flow, you’re probably asked “are approvals for business loans based on personal credit?”

How to Get Equipment Financing With a Bad Credit Score

September 08, 2021
When you have a bad credit score, getting approved for equipment financing might seem impossible. Although qualifying for traditional equipment financing when you have a low credit score can be difficult, there are options other than typical equipment loans.

How to Get Approved for a Bad Credit Business Loan

July 29, 2021
If your business is struggling with a poor credit score, you might believe that it is impossible to be approved for business financing.

Business Debt Relief: How to Acquire Financing

July 13, 2021
Not enough financing is one of the main reasons only one in four small businesses last 15 years or longer. However, business financing can be a double-edged sword for small business owners. If you take on too much debt, you can quickly find yourself buried in monthly payments.

Our Guide to Good Credit Business Loans

June 09, 2021
Having a good business credit score is essential for many reasons. Most notably, If you put in the effort to achieve a good one, you’ll be rewarded with good credit business loans. These loans offer the lowest interest rates, most favorable terms, and best perks.