How new healthcare law impacts your business, plus 4 other can’t-miss stories

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We filter out the noise, so you only get insights that matter. 

To keep you dialed in on what’s shaping the future of small business ownership, each Tuesday we’ll be serving up the industry’s best stories. It’s another way we help you kick ass.

Time is money, so let’s get to it…

Free Affordable Care Act Webinars  

The SBA and Small Business Majority have teamed up to teach small business owners about what the ACA means for their business. They are hosting weekly webinars every Thursday from now until the end of August.

For a complete schedule and to register, click here

 

5 Habits of the FICO Score 800

When first starting a business, your personal credit scores will have a major impact on your chances of getting business financing, credit cards and more. At first, they’re even more important than your business credit scores. Get it right before you need, and save you thousands in interest. 

To help you improve, Hawkeye Asset Management compiled a list of the five habits of people with outstanding personal credit

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Keep your credit in good shape, so it's ready whenever you need it. Nav is the ONLY source for both personal and business credit scores and tools to build better business credit. Get Started For Free.

 

Are Credit Unions Better for Your Business? 

While banks may pop into your mind first, credit unions are becoming an important funding source for small businesses. In fact, you may even find more personalized service than you typically would at large banks. 

If you’re looking to expand or get a new business off the ground, read this article from Entrpreneur to see if a credit union may be right for you. 

 

Square Launches Cash Advance Program

This could be huge. Payment processing company Square announced last week that it will start offering cash advances to businesses in its network.

Because the company already has the data on a merchant’s business, it can offer the advances with a high degree of confidence, and without requiring time-consuming applications. Get your cash in days instead weeks.

And fees for Square’s advances appear to be a lot less: 1/8 to 1/10th of what you’d typically pay for merchant cash advances.  Read more here. 

 

Why You Should Have Your Banker on Speed Dial

According to a recent report, small business owners who meet their banker at least three times a year are more optimistic they’ll increase revenue over the next 12 months. 

From offering helpful products to financial advice to networking, your business banker can be an incredible asset. To learn more about what to look for in a lender, click here

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About the Author — Jared Proctor is Brand Director at Nav. He has over fifteen years of financial services experience and is passionate about small business issues. Jared is married to a small business owner and he's a father of twin toddlers, so discovering time hacks is a matter of survival.

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