Having a bad credit score can be a nightmare, especially for the new entrepreneur. Your credit score is made up of five major components. Focusing on each of these components is key to establishing and maintaining a good credit history.… Read More »4 Ways Using a Credit Card Can Build Your Credit Score
According to financial experts, the best way to improve credit is to pay bills on time each month. You, as a merchant running a tire store, can help your customers with bad credit build their credit and get new tires… Read More »Financing for Customers Buying Tires with Bad Credit
Good credit history can play a crucial role when trying to get a mortgage, loan, apartment lease, or credit card. Your credit score is key to determining how much interest you’ll pay. Good credit demonstrates you’ve been financially responsible in… Read More »Credit History and Credit Scores | The Best Way to Build Credit
Apart from personal credit, you, as a business owner, also have a business credit score, which is also known as a trade or commercial credit score. Your business credit score helps financial institutions to figure out whether you’re a good… Read More »What You Need to Know About the 3 Major Business Credit Bureaus
27% of businesses surveyed by the National Small Business Association (NSBA) reported they weren’t able to receive the necessary funding for their business. According to the NSBA Small Business Access to Capital Study, 20% of small business loans are denied… Read More »Get a Business Loan with “No Credit Check”
According to a US Bank study, 82% of businesses that fail appear in such situation because of cash flow problems. Cash flow problems aren’t something new for seasonal businesses since they have slow seasons with less money. 27% of businesses… Read More »5 Tips to Help You Pay Back Your Loan During Slow Seasons
If you’ve decided to apply for financing, be aware there are generally 2 ways to check whether you’re eligible for it or not. The 1st one is the traditional “credit check.” In this case, a hard inquiry is put on… Read More »Building Credit With No Credit
Your credit score is the deciding factor for so many aspects of life. If you’re suffering from a bad credit score, you probably already know this to be true. But have you considered how cleaning your credit can create opportunities?… Read More »Clean Up Your Credit, Create Opportunity | Bad Credit Merchant Loans
As of 2016, there were 28.8 million small businesses, which represented 99.7% of US businesses, according to the SBA. As of 2017, big banks only approved nearly 24.1% of small business loans. Smaller banks approved around 48.9%. Alternative lenders approved… Read More »How to Build Good Business Credit with Bad Personal Credit
Are you going to launch your first venture? Have you already gone through the process of setting up your new business? It’ll be quite helpful for you to go through the tips listed below so to be able to take… Read More »5 Tips for First-Time Business Owners
