Blog posts tagged with "Credit Scores"

The Benefits of Having a Good Business Credit Score

September 30, 2020
As a small business owner, it’s vital to establish a good credit score. This is especially crucial when starting a business, as you likely won’t have enough cash on-hand to afford all your business expenses. This includes startup costs like equipment, advertising, inventory, and payroll.

Business Credit Score Versus Business Credit Reporting

November 28, 2019
Both your business credit score and business credit report play a critical role in determining your company’s ability to obtain business financing. 

The Guide to Personal and Business Credit Score Information

November 21, 2019
People have learned that when they let their credit scores slip, they’ll pay higher financing costs than those who maintain good credit. What some don’t realize is that businesses have a credit rating, too. It’s crucial for businesses to maintain this rating, or they’ll pay higher financing costs.

Improve Personal Credit Score, Impact Business Credit Score

November 11, 2019
Your personal credit score is an important indicator of your financial health.

What Is A Business Credit Score? Business Effects and More

November 05, 2019
Are you a business owner? If so, your business credit score is important. It shows how responsible your company is with money and how likely it is to pay back a lender on time.

The Complete Guide to Business Credit

October 30, 2019
The idea of business credit may seem confusing to small business owners. To put it into a few short words: business credit works much like personal credit, but focused on your business.

What is a Charge-Off and How Can It Affect Your Credit?

August 05, 2019
Among the many factors that can hurt your business credit, charge-offs usually have one of the most severe effects.

How to Get a Business Loan with Bad Credit

July 23, 2019
As you probably already know, maintaining an above average credit score is immensely important while running a small business. This can be especially pivotal when you’re in need of additional working capital, and are considering applying for a small business loan from a lender. Unfortunately, if your credit score is low, it can make it very challenging to get approved for financing.

Everything You Need to Know About Personal Guarantees

June 27, 2019
According to the National Small Business Association Year-End Economic Report, more small businesses than at any point in the last 10 years are either growing or expect growth in the coming year. And, chances are, many of those businesses will finance growth with a small business loan.

8 Credit Repair Companies That Can Help Your Business

May 29, 2019
When you have bad credit as a business owner, you’ll pay more for financing. In some cases, bad credit may prevent you from obtaining a business loan in the first place.