Your startup and small business must have a good business credit score to build your company by securing financing at reasonable rates. A strong business credit report is a valuable company asset you should proactively improve with these steps. Here's how to establish business credit for the first time for startup companies and new firms. Top Reasons Why It's Important ... Read More
Credit Cards
How To Keep Your Business And Personal Finances Separate When Starting A Business
Did you know that 1 in 5 business owners do not have separate business and personal bank accounts in their business? For the 28.8 million small businesses in America, that amounts to 5.76 million small business owners whose finances are entangled and attached to the success and operation of their business. Regardless of whether your business is incorporated or a new venture ... Read More
Kabbage Credit 101: Your Questions Answered
If your small business needs working capital or line of credit perhaps you are considering my recommendation Kabbage business loans, and have a few questions about the minimum credit score. The most frequently asked questions are; does Kabbage do a credit check, what is the minimum credit score and how the application process affects your credit score. Read on to get these ... Read More
Business Credit Line vs Business Credit Cards?
Two popular short-term small business financing options are business credit cards and lines of credits. This guide will review the advantages and disadvantages of both funding sources to help you decide which business loan is best for your company. Most business owners use business credit cards and credit lines to pay for working capital needs such as general office ... Read More
Primer on Using Credit Cards for Funding Your New Business
Yes, you can use your personal credit cards to get money for your new business idea. Before you do beware of the pitfalls and hazards of this type of startup funding. Types of Credit Cards to Use Business Needs: Different types of cards, personal and business, have very different federal protections for fraud and credit limits. Business cards often have the highest ... Read More