4 Reasons Why Your Business Needs to Accept Credit Cards
As a business owner, you have many responsibilities; making sure you have a great product to offer your customers, ensuring you have the right staff, abiding by rules and laws, marketing your business to new clientele, paying bills, and&nbs ...
Business Credit Vs. Personal Credit Reports: Why You Need Both
Personal credit is something you should be familiar with as a business owner. Having good credit, or being “creditworthy,” makes getting financing easier when you need it. But do you know what your business credit report is and how it works? Business cre ...
Simple Ways to Establish Business Credit
It’s practical to learn how to establish credit for your business. However, before you start applying for loans, weigh the costs as well as the impact on your business. Once you are approved for a loan, there is no turning back.Planning is crucial when it ...
Why You Should Stop Making Excuses and Start Building Your Business Credit
Your business credit score is a measure of its likelihood to honor its financial obligations. As such, this seemingly innocuous figure will significantly affect your ability to access credit – as well as the interest rates you pay. It therefore makes goo ...
Why Every Entrepreneur Should Open a Business Line of Credit
Cash flow is one of the top concerns for small business owners and entrepreneurs, according to a recent report on the state of small business. That’s because having consistent cash flow is a necessity for success in any field. Unfortunately, the ebbs and ...
Can You Get a Business Loan with Bad Credit?
Let’s say you’ve identified an opportunity for your business. It might be a bulk deal on inventory, a necessary equipment upgrade, or a great space for a second location. There’s just one problem: You don’t have the cash available to take advantage, and y ...
4 Things You Need to Know About Establishing Business Credit
Establishing a strong business credit profile is an important factor in how a business’ creditworthiness is evaluated when applying for a small business loan. Granted, different lenders have different thresholds for creditworthiness, but the business owne ...
4 Ways to Work on Strengthening Your Business Credit in 2022
You have big goals for your startup in 2022. Growth, higher profits and a better online presence might be at the top of your list. However, if building your business credit isn’t part of your plan, you may be overlooking an important milestone. Your busi ...
Which Business Credit Scores Matter the Most?
Not all credit scores are created equally. You likely already know that you have a personal credit score; it’s what you need to buy a car, get a mortgage, credit card, or even pass a background check. You probably also already know that there are three bu ...
7 Reasons Every Startup Needs a Business Credit Card
A business credit card is one of the most important financial tools in any startup’s toolbox. It’s way more than just a personal credit card that you use for business dealings—it’s a unique, flexible form of financing that also delivers rewards and perks ...