Category: Business Financing

Shortcuts are great when you’re a small business owner. Finding a way to do something faster, easier and more efficiently—without sacrificing quality—means greater productivity and often profitability.  If you’re trying to understand how to establish business credit, you may wonder what’s the fastest, easiest, or more efficient way to build a business credit profile. Is it a small business loan, line of credit, or business tradelines?  Find out what’s best for your business, as we explain tradelines vs business loans… Read More

Hard money loans are often used by real estate investors and other business owners to purchase real estate quickly.  Can these loans also help your business establish business credit? Find out here.  How Do Hard Money Loans Work? Hard money loans are loans that involve using real estate or other property to secure the loan. The word “hard” in “hard money” refers to physical assets that serve as collateral for the loan.  The most common types of hard money loans… Read More

It sounds like entrepreneurial nirvana: a business with high cash flow and low overhead. For some business owners, it's reality. There are more small business owners than you may realize who operate small businesses that make good money with very few fixed expenses. In fact, the large majority of small businesses in the U.S. have no employees (they’re called “nonemployer firms”), and another subset has just 1—4 employees, which may include a business owner and a spouse or other family member. … Read More

Key points: Strong credit scores can unlock financing opportunities for small businesses.  Credit, in turn, can help businesses manage cash flow and grow.  Learn how to build good credit, and leverage it successfully.  What Is the Purpose of Credit? Credit allows a person or business to make purchases they could not afford to pay for in cash. It also allows the borrower to maintain a cash cushion instead of using all their available cash to buy equipment, real estate, or… Read More