Fundera

AUGUST 26, 2018

Business credit cards are essential financing tools for both new and established business owners alike. When you’re just beginning, they can be your main financing lifeline and how you build your business credit. And, even when you’re eligible for a small business loan later on, they’re instrumental for everyday purchases.

Bankruptcy 65

Bankruptcy Chapter 11 Credit and Collections Credit Card Companies 65

Fundera

SEPTEMBER 13, 2016

If you’re a small business owner on the hunt for business loans , you probably know the deal with traditional banks: big banks just don’t lend to small businesses. More than 80% of banks reported that they tightened their lending standards for small businesses after the recession. That’s partly true.

Small Businesses 104

Small Businesses Credit Scoring Credit and Collections Credit Card Payments 104

Fundera

NOVEMBER 28, 2016

If you’re currently a small business owner, you’ve probably heard of the Small Business Administration. If you’re thinking of starting a business, you’ve probably heard of the Small Business Administration. If you know a small business owner, you’ve probably still heard of the Small Business Administration.

Small Businesses 102

Small Businesses Credit Scoring Cybersecurity Insurance Companies 102

Fundera

NOVEMBER 28, 2016

If you’re currently a small business owner, you’ve probably heard of the Small Business Administration. If you’re thinking of starting a business, you’ve probably heard of the Small Business Administration. If you know a small business owner, you’ve probably still heard of the Small Business Administration.

Small Businesses 102

Small Businesses Credit Scoring Cybersecurity Insurance Companies 102

Fundera

SEPTEMBER 13, 2016

If you’re a small business owner on the hunt for business loans , you probably know the deal with traditional banks: big banks just don’t lend to small businesses. More than 80% of banks reported that they tightened their lending standards for small businesses after the recession. That’s partly true.

Small Businesses 92

Small Businesses Credit Scoring Credit and Collections Credit Card Payments 92

Due

JANUARY 6, 2024

Using this step-by-step guide, you can achieve this seemingly impossible feat without sacrificing your sanity or happiness. He once said, “Rather go to bed without dinner than to rise in debt.” Calculate your overall financial health by subtracting your liabilities (debts) from your assets (savings, investments). Manage debt.

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Fundera

AUGUST 25, 2016

But small business owners don’t just want to apply for a loan—they want to receive one as well. Translating a final loan offer from Lending Club is the last step in the lending process, and one that requires some knowledge of the figures and fees they’ll be presented with. How can you use a Lending Club loan?

Credit Scoring 75

Credit Scoring Small Businesses Default 75

Fundera

OCTOBER 19, 2015

As you started building you business, you set out to be as successful as possible and realize profit as soon as possible. Now the time has come to grow your business and you need funding. Now the time has come to grow your business and you need funding. If your business is barely scraping by, it is reflected in the ratios.

Deductions 84

Deductions Small Businesses 84

Fundera

JULY 5, 2019

Whether you run a local dispatch or a high-end limousine service, you may find you need to get a small business loan for your taxi business. You might also need capital to pivot toward one of the most profitable business models: the sharing economy. Getting a Loan for a Taxi Business: An Overview in 4 Steps.

Credit Scoring 40

Credit Scoring Small Businesses 40

Fundera

SEPTEMBER 27, 2016

Need small business financing ? Well, small business owner, you have a few paths you can take for funding. Or you can try applying for a small business loan from an online lender or a traditional bank. Yes, banks do have notoriously tight credit for small businesses. That’s pretty standard as far as bank loans go.

Small Businesses 97

Small Businesses Credit Scoring Default 97

Lendio

APRIL 30, 2024

Running a small business often means navigating a financial landscape where debt is vital to growth and sustainability. However, managing business debt can be a double-edged sword. Understanding when to use business debt. Debt is not inherently bad. Other factors to consider before taking on debt.

Small Businesses 59

Small Businesses 59

Know-It Global

JUNE 20, 2023

Download this guide as a pdf as well as our other resources for free here ! Credit control is a vital aspect of financial management for businesses. It involves managing credit sales and making informed credit decisions, ensuring timely payment from customers, and minimising bad debt. Setting Up Credit Control Processes 1.1

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Bad Debt Credit and Collections Debt Collections Credit Risk 19

Due

JULY 4, 2023

Do you know that 45 million Americans are currently in student loan debt? Considering the high cost of education, running into debt is easy. Standing at the crossroads of your high school and college, you might wonder whether to go for loans. For most students, there’s no alternative to taking a student loan.

Credit and Collections 64

Credit and Collections Credit Scoring 64

Abrigo

AUGUST 28, 2022

A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. You might also like this webinar, "Position yourself for high-yielding ag loan growth." Want to harvest growth in the financial institution’s agricultural loan portfolio? Efficient processes.

Credit and Collections 78

Credit and Collections Credit Unions Credit Risk 78

Lendio

NOVEMBER 8, 2023

Being unable to make payments on a business loan is not a new phenomenon. Scores of hard-working business owners have found themselves in situations where they couldn’t fulfill their financial obligations. Read to better understand how a default on a business loan typically plays out and how it could affect you.

Default 52

Default Credit Scoring Credit and Collections Bankruptcy 52

Prosper

JANUARY 13, 2023

However, it’s never too late to learn money strategies to help you manage credit, get out of debt and create a budget and saving plan that keeps you financially fit. Some loans are lump sums that are then paid back in set monthly installments, such as mortgages or personal loans. Secured Loans. Unsecured Loans.

Credit Scoring 98

Credit Scoring Credit and Collections Bankruptcy Nonprofit Organizations 98

Fundera

JANUARY 20, 2019

What Is Debt Refinancing? Debt refinancing is when you pay down your remaining debt from a loan with the proceeds of a new, better loan. Debt refinancing does involve paying interest on interest and could trigger prepayment penalties for your original debt. Debt Refinancing Definition.

Credit Scoring 67

Credit Scoring Small Businesses 67

Due

MARCH 3, 2023

Delaying time-sensitive tasks like paying off debt or planning for retirement could cost you more in the long run. These funds could be used to pay off a credit card debt or pad your savings. As a result, you aren’t putting yourself into debt by living off of plastic. How can you avoid procrastination? But it adds up.

Credit Scoring 105

Credit Scoring Bankruptcy Medical Billing Brokerages 105

Lendio

DECEMBER 11, 2022

There are two primary reasons you may want to refinance your small business loan: lowered interest rates or a major shift in the market. Business owners have enough to worry about right now to continue paying higher interest rates when refinancing is an option. What Does Refinancing A Business Loan Mean?

Credit Scoring 52

Credit Scoring Bankruptcy Small Businesses 52

Fundera

AUGUST 10, 2017

There’s no doubt that student loan debt is a massive issue in the U.S. trillion in student loan debt spread out among 44 million borrowers —and it’s only growing. 70% of students this year graduated with loan debt, averaging around $35,000—up from $13,327 in 1995. Managing Debt. Consolidate Loans.

Credit Scoring 75

Credit Scoring Credit and Collections Small Businesses Bankruptcy 75

Fundera

JUNE 8, 2016

Successfully running a small business is all about efficiency. As a small business owner, you don’t have too many resources at your disposal. But that’s also your small business’s big advantage. Debt Refinancing: The Basic Idea. We’ll cover what it is—and why you might look for a refinancing loan. Think about it.

Credit Scoring 76

Credit Scoring Small Businesses 76

Due

MARCH 3, 2023

Delaying time-sensitive tasks like paying off debt or planning for retirement could cost you more in the long run. These funds could be used to pay off a credit card debt or pad your savings. As a result, you aren’t putting yourself into debt by living off of plastic. How can you avoid procrastination? But it adds up.

Credit Scoring 64

Credit Scoring Bankruptcy Medical Billing Brokerages 64

Fundera

MARCH 28, 2018

You probably know how important your credit score is when you’re applying for a small business loan. Still, as a small business owner, it’s crucial to keep your personal credit score as high as possible. And if you don’t have the credit score required for the business loan you want, you could have trouble growing your company.

Small Businesses 88

Small Businesses Credit Scoring Default Credit and Collections 88

Fundera

SEPTEMBER 29, 2015

Managing business debt is always a challenge. But if you’re juggling multiple outstanding loans and payments? If you’re dealing with a constant cycle of payments due on several business loans, there may be a solution to restore your business’s cash flow—and your sanity. What is Debt Consolidation?

Credit Scoring 97

Credit Scoring Small Businesses 97

Fundera

AUGUST 15, 2018

How to Establish Business Credit. Establish a business entity. Get a Federal Tax ID number for your business. Open a business banking account. Establish a business address and phone number. Apply for a business DUNS number. Get a business credit card or business line of credit.

Credit Reporting Agencies 76

Credit Reporting Agencies Credit Scoring Credit and Collections Small Businesses 76

Fundera

AUGUST 18, 2016

Marketplace lending is a relatively new phenomenon in the world of debt financing, and no company has done more to push the innovation forward than Lending Club. Small business owners who are looking for alternative forms of financing should probably start here. What kinds of small businesses use Lending Club?

Small Businesses 75

Small Businesses Bankruptcy 75

Fundera

MARCH 17, 2020

Even in normal times, small businesses can struggle to properly manage their cash flow—the balance of money that goes in and out of their business through revenue and expenses. In the ongoing fallout from the coronavirus pandemic, the issue of cash flow has become an immediate concern for millions of small businesses across the U.S.

Small Businesses 45

Small Businesses Default Credit Scoring 45

Fundera

MARCH 27, 2019

Business owners based in Connecticut, New York, Massachusetts, or Rhode Island might be considering Webster Bank small business loans as they’re searching for business financing. To start your search, we’ll show you just three of your alternative options to this (or any) bank’s small business loans. .

Small Businesses 40

Small Businesses Credit Scoring Deductions 40

Due

SEPTEMBER 4, 2023

Similarly, cutting-edge budgeting apps provide real-time tracking and analysis of personal and business finances, enabling users to make informed decisions, identify saving opportunities, and attain financial goals faster. TurboTax (tax preparation software) Rating: 4.5/5

Credit Scoring 52

Credit Scoring Transactions Dashboards Brokerages 52