Top 10 Business Credit Terms Small Business Owners Should Know

The following article was published by the SBA. As a small business owner, it is important to have an understanding of business credit terms. Similar to personal credit, business credit determines whether your company can be trusted by the way it manages money. Like personal credit, business credit is a reflection of how well your …

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How to Build Business Credit on a Shoestring Budget

The following article was published by the SBA. Many businesses start on a shoestring budget so it can be challenging to build the business credit you need to expand your business. But every business has to start somewhere and building your business credit can be done with the right action plan to guide you. In …

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5 Ways to Separate Your Personal and Business Finances

The following article was published by the SBA.  As a business owner, establishing a distinct separation between your personal finances and your business finances is pivotal for protecting your own assets and credit. This above all things should be a top priority for managing money the right way. An incorporated business is treated as a …

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Credit Inquiries: What You Should Know About Hard and Soft Pulls

The following article was published by the SBA. Did you know every time someone, including you, reviews your credit report, a credit inquiry is added to your report instantly? A credit inquiry is a request that’s made by a “legitimate business” to check credit report information on an individual from a credit reporting agency. There …

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unsecured business funding

Unsecured Business Funding for Small Business Owners Explained

The following article was published by the SBA. As a small business owner, if you’re in the startup phase or are ready to scale your existing business, you may be searching for unsecured business funding to grow your company. In a nutshell, unsecured funding does not require you to pledge collateral, whereas secured funding requires …

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business credit

Five Factors that Impact Your Business Credit

The following article was published by the SBA. When it comes to business credit, there’s no standard scoring model for assessing risk. Lenders, suppliers, banks, leasing companies, businesses, and finance companies all use different reports and scoring models depending on which business credit reporting agency they subscribe to. Your company’s business credit report shows banks, …

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