by G Finegan | Mar 31, 2023 | 1800bizfund
1. Business & Personal Credit Scores When you submit a business loan application, a lender will typically review both your personal and business credit scores to assess the risk you pose. While a bad personal credit score can hurt your...
by G Finegan | Mar 31, 2023 | 1800bizfund
Financing a new business or helping an existing business grow can be especially difficult for business owners with bad personal credit. Luckily, bad credit business loans can make financing more accessible—even for less creditworthy borrowers and businesses without an...
by G Finegan | Mar 31, 2023 | 1800bizfund
What Is a Small Business Loan? A small business loan is a source of funding business owners can access to cover the costs associated with operation and growth. Like personal loans, business owners can get small business loans through traditional banks and credit...
by G Finegan | Mar 31, 2023 | 1800bizfund
While the application process may vary slightly across lenders, you can follow these general steps to get a business line of credit: Decide how much funding you need. Estimate the maximum amount of credit you’ll need by reviewing your business’ finances. Review...
by G Finegan | Mar 31, 2023 | 1800bizfund
The term business consolidation refers to the combination of different business units or companies into a single, larger organization. Business consolidation is a legal strategy that is often initiated to improve operational efficiency by reducing redundant personnel...
by G Finegan | Mar 31, 2023 | 1800bizfund
A business debt consolidation loan can help you streamline your business loan payments and, ideally, secure better rates in the process. In other words, they’re a great solution for freeing up cash flow and simplifying finances. Consider a debt consolidation loan if...