How to Get a 100k Business Loan: What Lenders are Looking For
Not just anyone can get a 100K business loan. There’s more to it than just having good credit. Lenders look for certain things that make approval much more likely, including a Fundable Foundation and security, a personal guarantee, or both. Most lenders also have revenue and time in business requirements, among other things.
Read More »Trade References: 5 Astounding Things You Should Know
Trade references for a small business can provide a much clearer picture of the overall health and day to day operations of a company. These allow a credit or loan provider to dig much deeper into the financial guts of a company.
Read More »Low Average Business Bank Balance: The Best Online Lenders
Don’t worry! There are several online lenders but only some of them will provide funding if you have a low average business bank balance. Qualifications including annual revenue and time in business requirements can vary.
Read More »5 Hacks for a Quick Business Bank Account Setup
When an account shows a positive cash flow it shows that the business is generating more revenue than is used to run the company. That means the bank will feel that the business can pay its bills.
Read More »Experian Small Business Credit Score: Get the Facts Here
Intelliscore Plus is considered to be one of the most reliable tools in effectively predicting risk. One of the ways Intelliscore Plus maintains this claim to fame is by identifying the key factors that indicate whether a business is likely to pay their debt.
Read More »Invoice Factoring: Don’t Get Stuck Waiting for Payments
Fast financing is a major upside to invoice factoring. Rather than waiting for a bank, a business can get a substantial portion of an outstanding invoice in much less time. Slower-paying customers stop being a drag on the business’s finances.
Read More »Business Loan With EIN Only: How Does Your Business Qualify?
Any application for a small business loan starts long before you even see the application. Building a Fundability Foundation™ means you are setting your business up for success in getting a business credit card or financing. The Foundation can even help you get and retain customers!
Read More »12 Ways Your Business Can Survive a Recession
If you’re planning on investing in stocks, bonds and other types of investments that lose value during a recession, it’s important to remember that these investments could temporarily harm your savings account and retirement plans if the economy doesn’t improve soon after you invest money in them.
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