How Personal Credit Scores Affect Business Financing
You can’t ignore your personal credit when applying for a business loan. According to a recent study by the National Small Business Association (NSBA), over [Read More…]
Tag: loan
Business Loan vs Credit Card: Which Financing Method Is Best?
Is lack of capital restricting your business’s growth? All businesses need capital to grow. When seeking capital, though, you might be wondering whether to choose [Read More…]
4 Steps to Take Before Applying for a Hard Money Loan
Hard money loans have become a popular form of alternative financing. When compared to traditional bank loans, they are typically faster and easier to obtain. [Read More…]
5 Things That Can Hurt Your Business Credit Score
Not all credit bureaus specialize in consumer credit reporting services. Some of them offer services to businesses. Dun & Bradstreet, Experian and Equifax, for instance, [Read More…]
What Are the Best Business Loans If You Have Bad Credit?
Obtaining financing is often a struggle for entrepreneurs with bad credit. Lenders use credit scores for risk assessment purposes. When an entrepreneur applies for a [Read More…]
The Time to Refinance Is Now — Interest Rates Are Low
There’s never been a better time to refinance. Over the past six months, banks and private lenders alike have slashed their interest rates. If you [Read More…]
What Credit Score to Lenders Look Use When Applying for a Business Loan?
When applying for a business loan, you might be wondering what credit score lenders use. Most lenders don’t blindly offer money to businesses. They want [Read More…]
Lending Opportunities in the Era of COVID-19
Are you trying to secure financing for your business? Since making landfall at the beginning of 2020, the novel coronavirus (COVID-19) has shuttered businesses throughout [Read More…]
How to Qualify for a Business Loan
Just because you apply for a business loan, there’s no guarantee that you’ll get approved for it. According to research cited by Small Business Trends, [Read More…]
What are Microloans? How do these Types of Loans Work?
Microloans are a popular funding alternative to traditional bank loans. If you’re struggling to get approved for a bank loan, you may want to consider [Read More…]
What is Asset Based Lending?
Asset based lending is a method of funding in which a borrower obtains money or credit by using assets as collateral. Because it’s secured by [Read More…]
How Does an Equipment Lease Buyback Work?
Equipment plays a fundamental role in the success of many companies, especially construction companies. From bulldozers and excavators to forklifts and hydraulic power tools, construction [Read More…]
