BitX Funding

FEBRUARY 9, 2023

How to Get a Short-Term Loan Fast: A Comprehensive Guide Getting a short-term business loan can be a lifesaver when you are in a tight financial situation. However, the process of getting a loan can be overwhelming and time-consuming, especially when you need the money fast.

Credit Scoring 52

Credit Scoring Small Businesses Default 52

BitX Funding

MAY 5, 2022

Unsecured Short Term Loan for Small Business Short-term business loans are also known as short-term commercial loans, and they can provide funding to business holders. Short-term financing can come in various forms, such as an installment loan, line of credit, and invoice factoring.

Small Businesses 52

Small Businesses Credit Scoring 52

Beyond Capital Blog

MAY 6, 2022

Looking for a small business loan you can pay back in a year or more? Check out these top long term loans. The post Long-Term Business Loans 101 appeared first on Fast Capital 360. Apply today for fast funding.

Small Businesses 52

Small Businesses 52

Lendio

DECEMBER 13, 2022

Every small business owner looking for financing should understand the fundamental differences between a business line of credit and a term business loan. At the same time, these funding solutions serve very different business needs. What is a Business Term Loan? Term Loan Requirements.

Small Businesses 52

Small Businesses Credit Scoring Transactions Credit Application 52

Reorg Blog

NOVEMBER 22, 2023

The post Regulatory Coverage: FTC Proposes Industry-Neutral ‘Junk Fees’ Ban, Could Affect Live-Event Ticketing, Short-Term Lodging, Cruise, Auto Dealer, Payday Loans Businesses appeared first on Reorg.

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Lendio

APRIL 30, 2024

Given the potential impact financing can have on your business, you need to find the best place to get a small business loan. Lendio reviewed the largest SBA lenders and national banks to find the ones with the best small business loan options. US Bank : Best for smaller loan amounts.

Small Businesses 97

Small Businesses Credit Scoring 97

Fundera

APRIL 19, 2017

What’s a business loan ? With traditional banking institutions getting more innovative and alternative lenders entering the small business lending space, there are many different types of business loans. Where can you find a long-term loan for your business? Long-term compared to what?”.

Small Businesses 63

Small Businesses Default Credit Scoring 63

Fundera

DECEMBER 18, 2017

If you’re a business owner who needs to secure financing quickly, you’re likely in need of a short-term business loan. But with so many different loan options on the market—it can be difficult to know which types of short-term loans are right for your business.

Credit Scoring 63

Credit Scoring Small Businesses Invoice Amount Deductions 63

Fundera

MARCH 17, 2018

When most people think about small business loans , they’re generally thinking about long-term business loans. So let’s talk about the usual repayment period for long-term business loans to see if they’ll fit your business as well as your own power suit fits you. Well, it depends.

Credit Scoring 49

Credit Scoring Credit Unions Small Businesses 49

Fundera

MARCH 17, 2016

Short-term business loans have become more and more popular compared to their traditional 5-10 year term loan cousins, but many small business owners might still be feeling unsure of what they need to qualify. So what specifically do lenders look for when you apply for a short-term loan?

Small Businesses 72

Small Businesses Credit Scoring 72

Lendio

MAY 3, 2024

A business credit score works similarly, except instead of evaluating your risk as an individual, financial institutions evaluate your business’s viability. Like personal credit , business credit takes time to build. What is a business credit score? Business credit score benefits.

Credit Scoring 94

Credit Scoring Credit and Collections Bankruptcy Transactions 94

Fundera

SEPTEMBER 19, 2018

The Office of the Comptroller of the Currency (OCC) recently issued guidance encouraging banks to offer small, short-term loans to customers. This marks a reversal from the position that the OCC had taken back in 2013, discouraging banks from offering these types of loans. But in 2013, the OCC limited the issuance of DAPs.

Credit Unions 40

Credit Unions Small Businesses Deductions 40

Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Lendio

APRIL 11, 2024

For small businesses, the margin of error is much thinner. But if you get it right, wow, can your small business hit the jackpot. Read through this guide, and you’ll find all the answers you need to make the best acquisition decisions for your business. Organic business growth can be painfully slow. Accelerate growth.

Small Businesses 98

Small Businesses Bankruptcy Credit Scoring Transactions 98

Lendio

DECEMBER 13, 2023

When your business needs a quick cash infusion to deal with unexpected expenses, seize growth opportunities, or meet urgent operational costs, fast business loans come to the rescue. This guide will walk you through the various options for fast business loans, helping you make an informed decision that suits your business needs.

Credit Scoring 98

Credit Scoring Credit and Collections Small Businesses 98

Lendio

NOVEMBER 13, 2023

If you’re looking for lower real estate costs and longer loan terms, an SBA 504 loan may be a good option. However, these loans are a bit different from other SBA loans. Before applying, it’s a good idea to learn how 504 loans work and the pros and cons of taking one out. What is a SBA 504 Loan?

Credit Unions 97

Credit Unions Credit Scoring Default Small Businesses 97

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. Getting a business loan sounds simple — until you realize how many types of loans exist and how many lenders offer those loans,” says business.org.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Lendio

NOVEMBER 3, 2023

Are you looking for a business loan to help your company? Understanding current business loan interest rates and different loan types will help you pick the loan option that’s right for you. How do you know which loan is right for you? The term of your loan, the loan type (i.e.,

Small Businesses 98

Small Businesses 98

Lendio

NOVEMBER 10, 2023

Because small businesses are so critical to the country’s success, the federal government launched the Small Business Administration (SBA) to help foster American small businesses. What is an SBA 7(a) loan? An SBA 7(a) loan is a form of financing that is partially guaranteed by the SBA.

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Brokerages Small Businesses Credit Scoring Transactions 98

Lendio

OCTOBER 17, 2023

We understand that running a business can be tough and that additional capital can make a huge difference. It’s completely understandable that obtaining a business loan may seem overwhelming, but we’re here to help make the process easier for you. Let’s learn how to get a business loan. Get an Offer 3.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses Transactions 98

Due

FEBRUARY 25, 2024

You envision launching your dream business, but traditional loans are a heavy anchor, dragging down your entrepreneurial spirit. Enter the world of alternative funding, where innovative options like revenue-based financing and crowdfunding unlock doors that loans slam shut. No more loan sharks breathing down your neck.

Small Businesses 105

Small Businesses 105

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Lendio

NOVEMBER 10, 2023

Have you always dreamed of owning your own business, but don’t want to start from scratch? One option is to buy an existing business. This is where a Small Business Administration (SBA) loan comes in handy. In this blog post, we will discuss how to use an SBA loan to buy an existing business.

Credit Scoring 96

Credit Scoring Credit Unions Small Businesses 96

Due

MAY 10, 2024

Retirement opens opportunities to transition into a new career or business you are passionate about. As with any business venture you may undertake — do your due diligence. Running a livestock business can be a rewarding and profitable endeavor. Livestock supports the livelihoods of over 1 billion people around the world.

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Deductions 52

Due

APRIL 29, 2024

As a business leader in this economy, you know that the best way to retain top talent is not to lose it in the first place. They come in five packages: equity liquidation options, financial wellness platforms, student loan repayment solutions, earned wage access platforms, and healthcare financing platforms.

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Deductions Small Businesses 75

Lendio

APRIL 24, 2024

One key aspect that small business owners encounter when applying for Small Business Administration (SBA) loans is the SBA guarantee fee. This fee is a critical component of the loan process, yet it can cause confusion and questions among entrepreneurs. SBA 7(a) loan guarantee fees range from 0.00% up to 3.75%.

Small Businesses 52

Small Businesses Credit and Collections Default 52

Lendio

NOVEMBER 1, 2023

You might consider an SBA microloan if you’re trying to start a business or expand your current small business. These loans are available for $50,000 or less and come with low interest rates and flexible repayment terms. These loans can be used for working capital needs and to purchase equipment and inventory.

Small Businesses 97

Small Businesses 97

Due

MAY 7, 2024

Student Loan Debt Student loan debt is something that many people don’t usually think about when it comes to retirees. It can be a challenge for them whether they have their own student loans to pay off or if they’ve co-signed loans for their family members.

Credit and Collections 98

Credit and Collections Medical Billing Credit Card Payments Small Businesses 98

Lendio

MAY 9, 2024

Whether you’ve gone through a personal or business bankruptcy, lenders will consider past bankruptcies when making a loan decision. This post will cover common questions about bankruptcy and how it impacts your loan application. Can you get a business loan after bankruptcy? Can you get an SBA loan after bankruptcy?

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Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 52

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending.

Credit Unions 88

Credit Unions Credit Risk Small Businesses 88

Lendio

AUGUST 14, 2023

When it comes to small business loans, the US Small Business Administration (SBA) isn’t just a federal agency. For example, in 2017 the SBA helped connect entrepreneurs with 68,000 loans through the 7(a) and 504 loan programs alone. These 2 programs provided a total of $30 billion to American small businesses.

Credit and Collections 98

Credit and Collections Credit Scoring Nonprofit Organizations Default 98

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Due

FEBRUARY 7, 2024

Now more than ever, loans are becoming delinquent. It improves business outcomes significantly by providing data-driven insights and increasing repayment chances. Research shows direct engagement noticeably increases customer satisfaction , improving business outcomes. Their effort might even enhance their public reputation.

Credit and Collections 124

Credit and Collections Credit Scoring Bankruptcy 124

tillful

MAY 12, 2023

A poor business credit score or thin credit history can get in the way when applying for small business loans. Because of this, it is far easier for businesses with a good credit history to qualify and be approved for funding. However, following these tips can help make the process a lot more straightforward and easier.

Credit Scoring 98

Credit Scoring Credit and Collections Small Businesses Default 98

Lendio

MARCH 21, 2024

For small business owners, the adage “you have to spend money to make money” rings particularly true, especially when it comes to inventory. However, managing a healthy, cash-flow positive business sometimes means turning to additional financial tools – and this is where inventory financing can be a game-changer.

Credit Scoring 52

Credit Scoring Credit and Collections Small Businesses Default 52

Lendio

OCTOBER 25, 2023

If you don’t have the best credit but need to buy equipment for your business, rest assured that there are options at your disposal. While you might have to do some research and take some extra steps to get approved, you can lock in an equipment loan with a less-than-perfect credit score. Lender/Funder* Loan/Financing Amount Min.

Credit Scoring 96

Credit Scoring Default 96

Lendio

MARCH 13, 2024

Creating and maintaining a vision for your company is just as important for your businesses long-term success as marketing and selling is. Whatever your business’s goals are, visualize it constantly. Think about what your business will look like when you get there. Dreaming and having a vision.

Small Businesses 98

Small Businesses 98