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credit score

25 posts
unsecured business loans
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What You Need to Know About Unsecured Business Loans

As a small business owner, you may need financing at some point. You might need help purchasing an asset, expanding your business and more. No matter the reason, an unsecured business loan can help. Whether you’re struggling due to the COVID-19 pandemic or are looking for help with business needs to expand, there are unsecured business...
business loan application
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Why Was My Business Loan Application Denied?

This is a pretty simple question with a more complicated answer. There are a lot of reasons why a business loan application might be denied, but what most small business owners should be asking themselves is, “What can I do to improve the odds of a successful loan application?” Lenders are basically trying to answer...
business loan
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6 Steps to Take After Getting a Business Loan

Once you decide to finally launch the startup you’ve always dreamed of, you may need to take out a small business loan. However, this process doesn’t simply consist of obtaining a loan and repaying it over a stated period of time. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here After...
small business finances
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5 Simple Ways to Organize Your Small Business Finances

Credit scores are often seen as the number one obstacle preventing small businesses from getting financing. But disorganized financials may be equally to blame. In today’s challenging economic environment in particular, lenders want to make sure your business is viable and will be able to repay the debt. Organized and up-to-date finances are essential if...
lender
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7 Steps to Get Your Business Lender Ready

For years, I’ve been encouraging business owners to line up financing before they need it. Whether it’s a crisis or opportunity, you want to be prepared so you can respond quickly—and that crisis is now a reality across the country. For some businesses, this will also be a time of opportunity. Aside from COVID-19 relief...
COVID-19 business loan
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Applying for a Business Loan is Changing Due to COVID-19: Here’s What it Means

As the coronavirus ravages businesses, small business lenders are re-evaluating their underwriting policies, along with reviewing their risk tolerances for those industries that look like they may be hit hardest by the disruption. Here’s what every business owner needs to know right now — even if your business hasn’t felt the pain of COVID-19 yet....
credit scores
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Which Business Credit Scores Matter the Most?

Not all credit scores are created equally. You likely already know that you have a personal credit score; it’s what you need to buy a car, get a mortgage, credit card, or even pass a background check. You probably also already know that there are three bureaus (Experian, Equifax, TransUnion) that report your credit scores....
business credit cards
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Entrepreneurs Share 7 Smart Ways They Use Business Credit Cards

A business credit card can be much more than a convenient way to pay for purchases. These cards can also provide lucrative rewards, superior fraud protection, and can smooth out cash flow. According to the Federal Reserve’s 2019 Small Business Credit Survey, 52 percent of firms with 1 to 499 employees use credit cards on...
loans
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4 Tips for Funding a Business When You Have Student Loans

Few words strike as much fear in the hearts of college grads as student loans. These debts seem to linger for years; for some, repayment can take anywhere from 10 to 20 years. And for some, the specter of student loans may even determine which careers they pursue. Although the heart may yearn for a...
money
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10 Essential Money Tips for Young Entrepreneurs

Being an entrepreneur is challenging, but it can be especially difficult if you begin building your business at a young age. Young entrepreneurs face unique hurdles like creating a company with less work and life experience under their belt. If you’re a young entrepreneur, you may also struggle with being taken less seriously by older...
small business loan
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The Top 5 Startup Business Loan Options for Entrepreneurs

High-profile startups raised billions of dollars from venture capitalists in 2017, according to TechCrunch data. Even if you weren’t one of the lucky ones to attract VC money, you have more options than ever before for getting a startup business loan. Think outside the box to get the funding you need, as your options go...
loan
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Find the Best Business Loan Depending on Your Credit Score

Almost every startup needs to borrow at one time or another. However, that doesn’t mean they’re equal when it comes to seeking finance. In short, your credit score and trading history will decide who will lend to you – and on what terms. So what are the potential business loan options? If you have a...
business credit
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Why You Should Stop Making Excuses and Start Building Your Business Credit

Your business credit score is a measure of its likelihood to honor its financial obligations. As such, this seemingly innocuous figure will significantly affect your ability to access credit – as well as the interest rates you pay. It therefore makes good sense to build this score as rapidly as you can, but companies frequently...
financial success
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5 Ways to Ensure the Financial Success of Your Startup

Running a startup isn’t easy, but having the right attitude makes a huge difference. Embracing change and seeking out good advice allows an entrepreneur's chances of financial success to skyrocket. Entrepreneurs encounter more than a few obstacles when putting a business idea into motion, but that’s not necessarily a bad thing. Every setback offers the chance...
loan
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How to Get a Loan for Your Small Business in 9 Steps

Applying for a small business loan can seem overwhelming. It’s hard to know where to begin, and the finish line can seem so far away. By following these nine simple steps, your dream of obtaining a small business loan is attainable. Plan, plan, plan! The first step in any new business is to work out a thorough...
Checklist
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Stay on Top of Business with This 10 Step Checklist for Your Startup

For entrepreneurs, July is a great time to assess how the year is shaping up, make adjustments that boost revenue or reduce expenses and take advantage of new opportunities. But how do you get started and what should you focus on? Here is a step-by-step checklist that can help you stay on top of your...
business loan online
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How to Secure a Small Business Loan Online

It used to be that businesses wanting to finance their growth had few options. Using their own savings, getting loans from family and friends, pitching their business to investors, or securing a traditional bank loan were some of the more popular ways to get cash for business development. Lately though, there are some new choices...
business loan
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4 Strategies to Get a Loan for Your Small Business

Obtaining a loan can be a challenge for many small business owners. Entrepreneurs don’t realize that even preparing to apply for a loan can take years of foundational work. Some others don’t know about alternative lending options that can help newly established businesses, or those with an immediate need to get the money they require....