Your business credit score can have a huge impact on your ability to effectively manage your company. A high score makes it easier to secure credit cards, lines of credit, loans, and other funding to keep your business afloat. But what if it’s your first time opening a business, and you have zero credit history? […]
Starting and running a business is an exciting process. You get to be your own boss, follow your passions, and add purpose to your career. However, this enthusiasm can quickly become frustrating as you start trying to fund your business. As a new business owner or a business with bad credit, it can be difficult […]
A good credit score plays a significant role in determining business owners’ eligibility for financing. So if you’re a new business owner and you’re getting ready to start exploring funding options, it’s imperative to first know your credit score. Once you begin monitoring your credit, you can start making strategies to increase your credit rate, […]
Your business might turn in a profit on paper, but if cash flow is limited, covering operational expenses can be a challenge. But for businesses with bad credit or a limited credit history, finding funding to cover expenses isn’t so straightforward. That’s where alternative financing options such as invoice factoring come into play. Factoring is […]
Financing a business isn’t always straightforward. There are periods you have to take loans to sustain, or even kickstart your business. Since the business ecosystem is very volatile, your company must sometimes default on loans, and that’s when you might think your business finances can potentially get intertwined with personal credit. But do business loans […]
Successful business owners know how important their business credit score is. Building and maintaining a solid credit score is crucial for businesses as it can impact their ability to access capital as well as their credibility with vendors and customers. However, as less established businesses work to build their credit score, their access to traditional […]
