Lendio

MAY 3, 2024

You use it to apply for credit cards and other financing options to cover major purchases. 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.

Credit Scoring 94

Credit Scoring Credit and Collections Bankruptcy Transactions 94

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

NOVEMBER 13, 2023

As your business starts to grow, you may encounter clients with orders that you can’t fulfill immediately. Completing these orders could be huge for your business—both financially and for your reputation—but you might not have the resources and funds at that stage. What is purchase order financing?

Transactions 87

Transactions 87

Eagle Business Credit

OCTOBER 12, 2023

Many small business owners have been turning to accounting software for their bookkeeping needs. Software can be used with or without an accounting department, depending on how lean your business is. These reports are beneficial to shareholders in the company as well as for applying to financing.

Small Businesses 98

Small Businesses Dashboards Credit Management 98

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

Your Virtual Credit Manager

APRIL 30, 2024

Payment Terms define when a customer is supposed to pay your invoice for the products and/or services your firm provided. For many industries the “norm” is 30 days from invoice date (Net 30), but there are many variations. They just take the extra time to pay your invoices. at your expense, using your cash.

Credit and Collections 100

Credit and Collections Accounts Receivable (AR) Credit Risk Bankruptcy 100

Eagle Business Credit

NOVEMBER 29, 2023

When the economy takes a downturn possibly to recession, there is a strong working capital solution for small businesses available: Invoice Factoring. Invoice factoring is a solid working capital solution during an economic downturn. Creditworthiness not required We don’t scrutinize your business or personal credit.

Small Businesses 96

Small Businesses Credit Scoring 96

Eagle Business Credit

MAY 9, 2024

Running a small business is a challenging endeavor, often fraught with hurdles that test the resilience and adaptability of an entrepreneur. While traditional bank loans are often the go-to source for business financing, the stringent credit requirements and lengthy approval processes can be a deterrent for many.

Small Businesses 52

Small Businesses Credit Scoring Credit Card Payments Default 52

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

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

Credibly

JANUARY 30, 2024

Table of Contents Just what is construction invoice factoring? The steps in factoring construction invoices Why construction companies choose invoice factoring. What can I use invoice factoring for in my construction business? What about construction receivables financing? How does it work?

Invoice Amount 52

Invoice Amount Invoice Collections Small Businesses 52

Eagle Business Credit

NOVEMBER 2, 2023

When it comes to starting and running a successful business, there are hundreds of important aspects that you need to be focusing on. Ensuring fast and flexible funding , however, should be at the very top of your company priority list — that’s where accounts receivable financing comes into play.

Small Businesses 98

Small Businesses 98

Lendio

DECEMBER 14, 2022

Every great business has to start somewhere. The founders of Apple and Amazon launched their business dreams in garages. Many businesses start from nothing before becoming something special. If you’re looking for financing to get your startup off the ground, the good news is that there are numerous ways to get funded.

Credit Scoring 98

Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 98

Credibly

FEBRUARY 2, 2024

Table of Contents How can I use capital in my business? Common sources of capital for businesses Where to get sources of capital The future of your business, built better—with Credibly In business, capital plays a crucial role in determining success. What are the two top sources of financing for small businesses?

Invoice Amount 52

Invoice Amount Credit Scoring Credit and Collections Small Businesses 52

Eagle Business Credit

DECEMBER 14, 2023

If you are running a small business, you’ve probably found yourself in a frustrating, but very common situation. You may find that your business is running low on cash. Collecting on outstanding invoices in a timely manner can be a frustrating process. Choosing the right financing broker to help your business can be difficult.

Credit and Collections 98

Credit and Collections Small Businesses 98

Lendio

JANUARY 13, 2023

It’s how the early explorers financed their travels to the new world and how ancient civilizations funded their caravan expeditions into the Far East. It’s one of the oldest financing methods available. What’s more, in some industries, it’s still the financing vehicle of choice. The volume of invoices.

Credit and Collections 98

Credit and Collections Accounts Receivable (AR) Credit Scoring Credit Unions 98

Your Virtual Credit Manager

JANUARY 10, 2023

Prioritizing risk analysis over collection capabilities makes sense if you are a financing a loan, but trade credit is less of a loan and more of a sales facilitator. Please share this newsletter with your small business customers. Invoice Errors How accurate is your invoicing? What are these barriers?

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Credit Management 130

Lendio

JANUARY 6, 2023

Small business loans are one of the most popular ways for entrepreneurs to get the money they need to start a business and keep it running. Yet, despite the importance of accessing capital, some small business owners struggle to qualify for funding. Business Loan Approval Factors. Business revenue.

Credit Scoring 93

Credit Scoring Small Businesses Transactions 93

Lendio

DECEMBER 12, 2022

The availability of dependable cash flow can have a big impact on the success of a small business. Yet a 2021 report from the Federal Reserve shows that, when businesses applied for financing, nearly 60% of applicants were either outright denied or able to borrow only a portion of the money they needed. . Time in Business Min.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Credit Reporting Agencies 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

Credit Management Group UK

APRIL 21, 2024

The best way of avoiding credit control issues in your business is to ensure that you are paid in full before providing any goods or services. The majority of B2B businesses offer credit terms to their customers. Offering credit to customers does have cost implications to a business and you should be mindful of what those costs are.

Bad Debt 86

Bad Debt Credit and Collections Credit Management 86

Eagle Business Credit

JULY 28, 2023

It’s important to plan ahead with small business funding. In a perfect world, you would have a flexible funding option that grows in line with your business growth. If you secure a large order and need more cash on hand to fulfill it, you may scramble for extra cash and look for fast ways to fund your business.

Small Businesses 97

Small Businesses Credit Scoring 97

Eagle Business Credit

AUGUST 21, 2023

Running a small business can get hectic. Small business owners constantly have to juggle multiple priorities, and inevitably you will drop a ball or two. When your time is stretched thin, your business could suffer. Here is how to keep control of your small business. Do You Have the Time to Run Your Business?

Small Businesses 98

Small Businesses Credit and Collections 98

Lendio

APRIL 27, 2023

An under-capitalized business will find it difficult to make the leap required to scale and expand. A clear first step to lining up outside capital is to determine whether equity investment or debt financing (or a combination of the two) might be the best route for your business. What Is Equity Financing?

Credit Reporting Agencies 92

Credit Reporting Agencies Deductions Default Small Businesses 92

Eagle Business Credit

JULY 5, 2023

Doing business isn’t always perfect. But in business, when you don’t have to stake personal assets for business financing, what are your options for financing unexpected business costs? However, securing sufficient funding or any funding at all can be difficult for small and new businesses.

Small Businesses 94

Small Businesses 94

Eagle Business Credit

DECEMBER 8, 2022

Funding Your Business. The boot-strap method of financing your business—tapping into your savings, retirement, or refinancing your mortgage for all the available capital possible—can be enough to get your business off the ground, but then what? Here are some debt-based small business financing options.

Small Businesses 98

Small Businesses Credit and Collections Credit Scoring 98

Skogen Capital Lending

MARCH 14, 2023

Finding the right financing for your franchise business can be difficult because its unique operational model often requires flexible cash that many traditional loan programs are not built to provide. Franchise financing with working capital loans, however, is not only possible but often the best option.

98

98

Lendio

NOVEMBER 13, 2023

This is where construction invoice factoring comes into play. In this article, we will delve into this unique financial tool that is specifically designed to keep your construction business on solid ground. What is construction invoice factoring? How construction invoice factoring works.

Credit and Collections 52

Credit and Collections Credit Scoring Small Businesses 52

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

Eagle Business Credit

JULY 21, 2023

When small businesses are looking for cash, one overlooked option is invoice financing. This is a cash flow tool that leverages your invoices as collateral. Essentially, you turn your open receivables into immediate capital that you can use for supplies, payroll, or other business costs to support your growth.

Small Businesses 98

Small Businesses Credit and Collections Invoice Amount Credit Scoring 98

Sky Business Credit

APRIL 26, 2023

Factoring may be one of the most underutilized yet effective forms of funding for a growing business. Below, Sky Business Credit addresses and explains 11 myths about factoring. We want to a return on the money we finance; therefore, we only work with healthy companies that are growing. Factoring is a loan.

Credit and Collections 98

Credit and Collections 98

Eagle Business Credit

FEBRUARY 8, 2024

In small business financing, the influence of interest rates is a critical factor shaping various funding options. It is important to understand specifically how interest rates impact small business financing options. This amount is separate from the interest and represents the actual loan amount.

Small Businesses 52

Small Businesses Invoice Amount 52

TreviPay

DECEMBER 1, 2023

Delivering financing services to business-to-business (B2B) customers can make a big difference to a company’s growth. This is why, in the world of B2B eCommerce , embedded finance is not just a value-added service for most companies. What is embedded finance? They are suitable for just about every business.

Credit and Collections 52

Credit and Collections Transactions Order to Cash Default 52

Eagle Business Credit

SEPTEMBER 7, 2023

Long-term financing is a challenge for many people, but there’s some good news out there. We’re seeing a lot of inquiries where people have taken out two or three different online loans. Stacked loans carrying high interest rates will hurt your cash flow. Here is how to qualify for long-term business financing.

Credit and Collections 98

Credit and Collections Default 98

Lendio

JANUARY 19, 2023

Starting a small business is expensive. Almost every small business owner faces startup expenses, whether you’re a solopreneur needing a laptop or a construction company purchasing a lot full of heavy machinery. What Is a Startup Business Loan? The reality of startup business loans is a little more complicated, though.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses 98

Eagle Business Credit

NOVEMBER 29, 2023

It’s not difficult to send an invoice and collect a payment, which is why most companies start out doing that in-house. With invoice factoring, you can get paid faster without having to deal with receivables servicing in Madison, WI. They may not even pay your invoice when it’s due.

Credit and Collections 98

Credit and Collections Small Businesses 98

Your Virtual Credit Manager

MAY 9, 2023

A StrategicCFO360 survey from November 2022 of senior finance managers revealed they expect 42% of customers to have reduced liquidity and 43% will pay suppliers late. for every month they are paid after the invoice date. Violation of such covenants can result in the loan covered by the covenant to be voided and/or revoked.

Cash Forecasting 130

Cash Forecasting Accounts Receivable (AR) Invoice Disputes Credit and Collections 130