Fundability Foundation: Set Up Your Business for Success
To be more Fundable, your business information needs to be consistent everywhere. But why? The answer is: a lender or credit issuer won’t stop to think about all the different ways information can be listed, such as an ampersand (&) versus the word and. Rather, they’ll see inconsistencies as fraud and deny the application.
Read More »5 Hacks to Get a Credit Score Increase for Your Business
The best way to raise credit score may not be what you think. This is especially true if you are talking about your business credit score. It’s affected by various factors differently than your personal credit score.
Read More »How to Check Business Credit Score: Know What’s Going On
When you know how to check business credit score reports, you never have to be blindsided when it comes to finding funding for your business.
Read More »How to Get a Business Loan to Start and Grow a Restaurant
If you love to cook or you love to eat but know you can do better than the restaurants and cafés in your area, you might be dreaming about opening your own restaurant. But to grow a restaurant, you are going to need business capital.
Read More »Brewery Loans: Equipment Financing and More
Many of these options are not just good for getting money now. They are good for helping your brewery get financing in the future. In particular, corporate credit will help you get money long after you have fulfilled your first need for financing.
Read More »Revolving Line of Credit for Small Business: How It Works
The amount of time you take to pay off a revolving line of credit has a direct impact on your personal or company credit, or even both. Failing to pay a corporate credit card bill on time will show up on your credit report.
Read More »How to Get an SBA Loan with Bad Credit
It is possible to get an SBA loan with bad credit. In fact, the SBA itself doesn’t set a minimum personal credit score for loan approval. However, lenders can set a minimum, and some do. If you do not qualify for an SBA loan, there are other options available.
Read More »Start a Small Business in Michigan: Best Business Ideas & More
In 2019, Dollar Sprout put Michigan in the number two slot for starting a new business. Michigan has an excellent growth rate (almost as good as in Texas), and business formation fees are low. It helps to have a well-educated workforce as well. Plus costs of living are low, even in the biggest city, Detroit.
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