No matter where you get your loan, there are certain variables that determine whether the loan is good or bad for your business. The good news is that if you consider these variables, you will be educated and make the right loan decision that fits your business needs. When you are ready to apply for a […]
3 Things You MUST Know Before Seeking Business Capital Read More
If you’ve been in business at least a year, it’s time to take out a small loan to pay for some services or perhaps some new equipment… whether you need it or not. Remember, building your business’s credit history is crucial. It doesn’t matter whether you spend the money or just open a savings account and
How a Small Business Loan With IOU Financial Can Improve Your Credit Rating Read More
Some businesses actually thrive in a recession. Here are a few that may surprise you: Cosmetics: When things get tough, women look for more inexpensive ways to pamper themselves like cosmetics and nail salons. In fact, some economists point to rising lipstick sales as a sure sign of a sagging economy. Dry cleaners: People still
3 Steps to a Recession Proof Business Read More
The old steadfast rules of personal credit health apply in large part to business credit health as well, in a variety of ways, which is why it is so important to get your personal credit in check, and then adopt the same philosophies in regards to your business credit as with your personal credit. It is
Good Business Credit Scores: It IS Personal Read More
Why aren’t they getting them? We’ve all seen the news and reports on how the “credit crunch,” as we so delicately call it, is preventing business owners with good credit from obtaining financing. But why is it so hard? Without even addressing the disappearing role of community banks in the vitality of small businesses, the simple
Small Businesses Need Loans Read More