Access to Funding
A Complete Guide to Business Credit Scores
Like individuals, businesses also receive a credit score. If you intend on getting financing for your business, you must prioritize understanding how to access, read, and improve your business credit scores and reports. What is a business credit score? A business credit score is a numerical measure that indicates how responsible and creditworthy a company…
See Full Article Here ->Choosing a Business Credit Card: Annual Fee or No Annual Fee?
Considering the abundance of business credit cards available without annual fees, it might seem counterintuitive to pay for the use of a credit card. Annual fees can give business owners many opportunities to save money on everyday expenses and offer perks and benefits worth more than the cost of ownership. To decide if a business…
See Full Article Here ->How to Start a Food Truck Business with Business Credit
For the food-loving entrepreneurs who desire more freedom and mobility than a brick-and-mortar restaurant allows, a food truck is perfect for you! The multibillion-dollar industry has experienced a 7.5% growth since 2016, and there are no signs of it slowing down any time soon. The health and fire regulations involved in running a food truck…
See Full Article Here ->8 Tips for Beginner Real Estate Investors
There are many opportunities for wealth within real estate investing to increase cash flow, retire comfortably, and reach your financial goals. As you dive deeper into purchasing your first property, you see more is involved with real estate investing than just buying a property and placing a tenant. Following these eight tips can help any…
See Full Article Here ->Review: Top 5 Small Business Credit Cards
Individuals use credit cards, almost daily, for various purposes – from booking airline tickets to buying groceries. In return, they can take advantage of the many perks that credit cards offer – from cash back and reward points to travel miles. However, few are aware that credit cards can be immensely useful for small…
See Full Article Here ->Why the SBA May Turn You Down – And Alternatives If They Do!
Small businesses are usually on the lookout for funds to help them grow. For this purpose, Small Business Administration (SBA) loans can be a remarkably attractive option. Not only do these loans carry lower interest rates and longer repayment terms than most other business loans, but they are also available in a range of…
See Full Article Here ->5 Easy DIY Ways to Consolidate Your Debt
Credit cards are a double-edged sword. On one hand, they can tide you over when you are temporarily short on funds. On the other, they can land you into trouble if you get into the habit of swiping mindlessly. If you’ve racked up large balances on multiple cards, you could have a difficult time…
See Full Article Here ->Scan Your Credit Report to Answer these 3 Important Questions
On this blog, we often highlight the importance of checking your credit report at frequent intervals. One of the reasons why scrutinizing your report is essential is that it helps you identify cases of identity theft. Another reason is that by a careful perusal of your report, you can determine whether or not your creditors…
See Full Article Here ->7 Times When a Balance Transfer Offer Is Just Not Worth It!
There are a lot of tempting balance transfer offers out there, but not all of them will prove to be a good deal for you. Unless you carefully and diligently scrutinize the complete set of terms and conditions, you may find that it’s not you, but your cardholder, who stands to gain from the…
See Full Article Here ->How Do I Qualify for a Loan if I Have a Thin Credit File?
Just the other day, one of our clients told us that his request for a loan was denied by a bank because his credit file was “too thin.” The gentleman was confused – he’d never heard the term before and had no idea what the financial institution meant by it. Moreover, he wanted to…
See Full Article Here ->