An alternative business loan provides you the temporary cash flow you need for your business, it is not recommended to carry an alternative business loan long term because of a slight higher interest rate compared to a conforming business loan. You are probably seeking a short term alternative business loan for renovation, new inventory, working […]
Business Credit
Four Ways a 680 Credit Score Helps a Small Business Owner
Some business owners are unaware of their credit scores and finally aware when they get turned down for a business loan or commercial real estate loan. Regardless, personal credit is used to qualify you for a business loan or commercial real estate loan. The best way to stay connected to your credit scores is through […]
Preparing Your Personal Credit for Business Financing
There are simple steps to get your personal credit ready for business financing. A large number of small business owners do not realize their personal credit is not quite up to par to finance their business. Some small business owners need tweaking their personal credit and some need a full personal credit restoration. Before you obtain […]
Two Easy Tips for Business Credit
Most existing businesses have or had some type of credit glitch or glitches during their operations. These quick tips may help a new business or existing businesses New Business Credit Try to do your best not to utilize your personal credit for business purposes. What I highly recommend to new businesses is by starting off […]
A Commitment is needed to Restore Your Credit
Most of our clients are self-employed small business owners, real estate investors and independent contractors. Our clients who commit to our credit restoration process are very determined and committed to fine tune or fix their personal credit or business credit or both. For Example: A small business owner downsized his business; he closed one of […]
Q’s and A’s on Paying a Collection Account
Question: I am applying for a short term business loan for my business and I was just notified by my bank representative that I have a collection account which is reporting on my business credit. I have called the creditor numerous times to negotiate some type of settlement but they refuse, so now what? Answer: […]