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Good Credit vs. Bad Credit: The Big Business Loan Divide (Report)

Fundera

Business owners with low credit scores exist on a very different plane from business owners with excellent credit. For purposes of this report, we considered creditworthy or “high-credit grade” business owners as those who qualified for SBA loans within the last year. What does that difference mean in real terms?

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Amazon Lending: How to Determine If an Amazon Loan Is Right for Your Business

Fundera

In fact, in 2018 Amazon partnered with Bank of America to further support their lending initiatives. Unlike typical small business loans, however, the repayment is out of your hands—Amazon will automatically deduct the payment from your Amazon Seller Account. Fixed Deductions From Your Amazon Seller Account.

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What Is a Tax Lien, and How Does It Affect Your Business?

Fundera

Prior to April 16, 2018, an unpaid tax lien would appear on your personal credit report for up to 10 years. Fortunately, tax liens no longer appear on personal credit reports. A business tax lien can show up on your business credit report and affect your business credit score. Falsifying deductions.

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Minority Business Grants: 25 Resources for Minority Entrepreneurs

Fundera

FedEx Small Business Grant Contest – This is a nationwide competition that awarded $25,000 each to 10 deserving business owners in 2018. Online Alternative Lenders – Unfortunately, minority entrepreneurs often have trouble accessing financing due to lower credit scores. Business Loans for Minority Entrepreneurs.

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The Scenario Of Malaysia’s Debt Collection

MNS Credit Management Group

Because consumer debt is routinely reported to major credit bureaus like Equifax, Experian, and TransUnion, it may have an effect on a customer’s credit score. Malaysia is the leading region for the increase of mobile data traffic, with data use increasing by 29% in 2018.

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Broke and Fake – How Some People Are Selling Fake For Their Own Profits

Due

A 2018 study found that people who feel financially inferior to their peers are likelier to spend money on luxury items to “keep up with the Joneses.” Furthermore, debt can negatively impact credit scores, making it difficult to secure loans or lines of credit in the future.

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10 Best Ways to Establish Business Credit as a Startup

Fundera

You know where your personal credit score stands month-to-month and how personal credit impacts your ability to qualify for financial products. That definitely will help, but you also need to establish a positive business credit history. Fortunately, building business credit is more of a science than an art.