Category: Business Financing

Business Credit Cards that Report to Experian

Business Credit Cards that Report to Experian

Building business credit can be difficult for companies just starting in the market. It’s common to find yourself in a frustrating cycle of needing credit to get credit. New businesses may be discouraged to learn that established credit history is the only way to get credit lines. So, how do you do establish credit in the first place – especially since you need to be approved first? You can solve the chicken and egg predicament by becoming educated on how… Read More
How to Verify a Loan Company’s Legitimacy & Avoid Scams

How to Verify a Loan Company’s Legitimacy & Avoid Scams

Business owners often need money to start or grow their business. But startups, very small businesses, business owners with bad credit, and those with cash flow problems often have trouble finding funding.  Scammers capitalize on these dreams or desperation of entrepreneurs, and steal money that could be invested into the business.  "With the broad adoption of AI, in addition to business email compromise, unsuspecting employees are wiring millions of dollars to criminals based upon deepfake audio (phone calls) and deep… Read More
5 Reasons Why Your Small Business Should Borrow Now

5 Reasons Why Your Small Business Should Borrow Now

People have a lot of opinions when it comes to debt and borrowing. At one extreme, some believe that all debt should be avoided and there’s no room for argument on the subject. Others perhaps borrow a little too freely, taking out new financing with little thought about whether doing so will be a benefit or a hindrance in the long term. As a business owner, it’s dangerous to take either of these positions. Naturally, borrowing money too aggressively and… Read More
9 Ways to Clean Up Your Business Credit

9 Ways to Clean Up Your Business Credit

A new year or even a new month can be a great time to tackle tasks you’ve been putting off— including working on your business credit. If you’re a small business owner who wants to bring clarity to your company’s credit profile, here’s how to clean it up. First, Assess the Job 1. Know what a good business credit score is When it comes to cleaning up your business credit, you can start by carefully reviewing your business credit reports… Read More
Business Credit Card Vs. Business Debit Card: Which Is the Better Choice?

Business Credit Card Vs. Business Debit Card: Which Is the Better Choice?

There’s nothing like the convenience of plastic when you need to make a purchase. This is true both in your personal life and for your business as well. Yet not all plastic payment options are the same, and it’s important to understand the differences. While your business debit card and business credit card may look quite similar on the outside, they offer different benefits and rewards. I’m going to spoil the ending for you now. A business credit card is,… Read More
Business Credit Cards that Report to TransUnion

Business Credit Cards that Report to TransUnion

A business credit card can help you build business credit, manage expenses, and earn rewards. In addition, it’s often one of the recommended ways to create added distance between your personal finances and those of your business. Even though you will use one of these cards for business expenses, your personal credit will likely be involved as well. As the primary applicant, you will likely assume a “personal guarantee,” taking on the onus of personal liability should the debt go… Read More