Category: Business Credit

Sometimes, the money your customers owe you just can't come soon enough. Just like any other business owner, your clients may be struggling with cash flow or any variety of budget issues, and that, in turn, impacts your business. There are a variety of steps you can take to get that cash quicker, from offering to waive late fees or interest, or certain incentives for early payment, but even these may not bring in the cash from those unpaid invoices.… Read More

Small business owners are crunched for time, and many work an increasing number of hours each week to get all of the admin, personnel, financial, and operations duties done. Where will they squeeze in a few hours for running to the bank for a business loan? Thanks to technology, an in-person meeting with a loan officer is not always needed. These options are available 24/7, and most can provide an approval response within minutes: 1. Your Bank Yes, I know… Read More

Starting a small business is difficult, there's no way around it. From writing a business plan to locking down the logistics of getting everything rolling, there are a lot of plates to keep spinning. Along with all of that, you need to find money to do it all. This is, perhaps, the most discouraging element of starting a business, but it doesn't need to be. By taking the right steps and getting started on the right foot, you can not… Read More

 Like many business owners, the retail store owner I spoke with told me she was trying to move away from using personal credit to finance her business. To help her do that, she’s started the process of establishing business credit. “I’ve got a ‘D-U-N-S® Number’,” she told me, "but I'm confused. What do I do next?” Getting a free Dun & Bradstreet D-U-N-S Number is one of the first steps in the process to establish credit. It’s the identifying number… Read More

Obtaining financing for your business can be a complicated process. So it’s important to know what options are out there and which ones are best suited for your business’ needs. While every type of financing has its pros and cons, there are a handful of options that stand out for their benefits to both new and seasoned business owners. 1. Business credit cards Whether you’re just starting out or your business is well established, getting a business credit card is… Read More

I was at the car dealership about to buy a car when my cell phone rang. The salesperson told me to answer. I did, and the credit manager was on the other end of the call.  Despite the fact that I had already shared my driver’s license with the salesperson, he was taking an additional step to verify my identity. I had been a victim of credit fraud a few months before, and had placed a credit alert on my… Read More