One of the most undervalued credit opportunities a small business owner can leverage is the trade credit he or she has with their suppliers and vendors. Not only is this a powerful way for a new business to build a strong credit profile, it can also be a great way for small businesses to leverage … Continue reading Nav.com: The Importance of Trade Credit Post COVID-19
Getting “ghosted” is never a good thing, especially when it comes to your credit scores. They can determine whether you can borrow money for your business, and how much borrowing will cost you. When you have little or no credit history, you’re essentially a “ghost” to the credit bureaus. Being a ghost can mean paying … Continue reading The Money Problem That Could Sink Your Business
In the world of finance, it’s common to hear people bragging about their credit scores. These badges of money honor are one famously important indicator of how accomplished a consumer appears. The higher, the better, and so – when talked about openly – it’s most often the big numbers you’ll hear about. What about those … Continue reading What’s the Lowest Possible Personal Credit Score You Can Get?
October 5, 2017 by Lydia Roth In life and in business, fees are always adding up. Take business loans as an example. To get funds, you’ll pay an interest rate for an agreed upon term. There might be an origination fee for processing your application, a late payment fee if you’re behind on payments, or … Continue reading 6 Ways to Save Money On Payment Processing Fees