Join Small Business Owners Who Have Built Business Credit History And Managed Credit With Nav Prime. Business Tradelines EIN Credit Builder Card! Up To Two Tradelines! Reports To All Major Bureaus! Business Credit Building Visa Card With No Credit Check, No Personal Guarantee: Learn More! - GET STARTED!
Unsecured Personal Loans - Hard Money Fix Flip Rehab - Startup Business Lines Of Credit
Tuesday, May 6, 2025
Tradelines Explained: How They Help You Build Business Credit!
Want to build business credit but don’t know where to start? In this video, Nav’s education consultant Gerri Detweiler breaks down how tradelines work, why they’re essential, and how to use them to help boost your business credit score — even if you’re just starting out. Learn about Net-30 accounts, business credit cards, buying aged corporations, business credit builder tools like Nav Prime!
Sign Up With Nav's FREE Account To Track & Monitor Both Your Business And Personal Credit Scores:
Learn More! - GET STARTED!
Join Small Business Owners Who Have Built Business Credit History And Managed Credit With Nav Prime. Business Tradelines EIN Credit Builder Card! Up To Two Tradelines! Reports To All Major Bureaus! Business Credit Building Visa Card With No Credit Check, No Personal Guarantee: Learn More! - GET STARTED!
Join Small Business Owners Who Have Built Business Credit History And Managed Credit With Nav Prime. Business Tradelines EIN Credit Builder Card! Up To Two Tradelines! Reports To All Major Bureaus! Business Credit Building Visa Card With No Credit Check, No Personal Guarantee: Learn More! - GET STARTED!
Friday, December 27, 2024
Small Business Line Of Credit — Accelerate Your Business Momentum!
Every business owner understands the feat of the unexpected. Will his or her business be able to withstand an unforeseeable setback? Stability and security is of primary importance to a small business. Unfortunately, there is no “what if something bad happens” insurance program that can protect a small business if matters tend to take a swing.
A small business credit line is an excellent idea for any new or pre existing small business. Your small business line of credit will add a measure of security so that a business owner can be confident about the future. It basically is a loan for a relatively large amount of money. However, the borrower doesn’t need to take the full amount—or any at all. When the need for cash arises, the loan is already approved and funded, and cash is available virtually instantaneously.
With a small business line of credit, you have working capital available to you all the time. This provides many benefits. The small business credit line will stay open until the customer closes it. Even if his or her credit score drops and cannot attain financing in the future, the credit line remains open and available. Furthermore, the credit line is guaranteed cash when it is needed.
It is also the fastest way to tap into emergency funds when a business needs it the most. There will be no need to go through an entire loan process again. The best part is, there is no interest charge on the balance on the credit line that is not being used. A small business credit line can help stabilize and protect the future of a small business.
A small business credit line is an excellent idea for any new or pre existing small business. Your small business line of credit will add a measure of security so that a business owner can be confident about the future. It basically is a loan for a relatively large amount of money. However, the borrower doesn’t need to take the full amount—or any at all. When the need for cash arises, the loan is already approved and funded, and cash is available virtually instantaneously.
With a small business line of credit, you have working capital available to you all the time. This provides many benefits. The small business credit line will stay open until the customer closes it. Even if his or her credit score drops and cannot attain financing in the future, the credit line remains open and available. Furthermore, the credit line is guaranteed cash when it is needed.
It is also the fastest way to tap into emergency funds when a business needs it the most. There will be no need to go through an entire loan process again. The best part is, there is no interest charge on the balance on the credit line that is not being used. A small business credit line can help stabilize and protect the future of a small business.
Wednesday, April 26, 2023
Friday, March 11, 2022
Wednesday, March 3, 2021
Business Financing & Credit Building!
We are proud to offer you more access to financing than any other source on the planet. With our large selection of thousands of lenders and funding programs, your business has an outstanding chance of being approved for business capital.
If you are an existing business with some type of business collateral ,you can be approved for funding for your business even if you have personal credit issues now. Most types of business assets will work as collateral including purchase orders, account receivables, commercial real estate, credit card sales, equipment, inventory, and other types of legitimate business collateral.
You can be approved for as little as $5,000 with some programs, or as high as $25,000,000 depending on the collateral you have. Some of these programs won’t even look at your personal credit, while other programs you can still be approved for even with personal credit scores below 500.
You can also be approved for as much as $150,000 with just a simple review of your last few months of bank statements. Our Revenue Lending program can approve you even if you have challenged personal credit now. And all you need to show for approval is your last few months of business bank statements.
If you are a brand-new startup business or franchise, or even a company who doesn’t want to show financials, we have unsecured funding programs available. You can be approved for as much as $150,000 and all you will need to qualify is good personal credit, good business credit, or have a good credit personal guarantor. We can even help you grow your business credit so you can qualify for even more unsecured financing with no personal liability.
If your business has positive financials you would like to show to obtain approval, you can be approved for as much as $12,000,000 in funding, or obtain credit lines up to $250,000. To qualify the lender will review the financials for your business and will determine your approval amount based on your net profits and collateral.
We also offer your business many niche programs that can really help you grown your business. Through us we can help you secure financing to put up commercial signs for your business, or even to wrap your vehicles with graphic wraps for branding and marketing purposes.
We also offer another specialized funding program where you can secure money to purchase and rehab investment properties. You can secure money to purchase, or lease equipment for your business through us, even if you are a brand-new startup business. You can even secure financing using equipment you already own as collateral through our equipment sale leaseback financing
Giving you the access to the largest lender supply anywhere, and so many core financing programs insures you stand the best chance of being approved, even as a new startup business or with challenged personal credit now.
Discover business financing options you never knew you had with alternative lenders and investors. Complete Your Finance Blueprint Qualifier Today! It’s free and won’t affect your credit score. Free business credit & loan consultation! - Get Started! Click Here!
If you are an existing business with some type of business collateral ,you can be approved for funding for your business even if you have personal credit issues now. Most types of business assets will work as collateral including purchase orders, account receivables, commercial real estate, credit card sales, equipment, inventory, and other types of legitimate business collateral.
You can be approved for as little as $5,000 with some programs, or as high as $25,000,000 depending on the collateral you have. Some of these programs won’t even look at your personal credit, while other programs you can still be approved for even with personal credit scores below 500.
You can also be approved for as much as $150,000 with just a simple review of your last few months of bank statements. Our Revenue Lending program can approve you even if you have challenged personal credit now. And all you need to show for approval is your last few months of business bank statements.
If you are a brand-new startup business or franchise, or even a company who doesn’t want to show financials, we have unsecured funding programs available. You can be approved for as much as $150,000 and all you will need to qualify is good personal credit, good business credit, or have a good credit personal guarantor. We can even help you grow your business credit so you can qualify for even more unsecured financing with no personal liability.
If your business has positive financials you would like to show to obtain approval, you can be approved for as much as $12,000,000 in funding, or obtain credit lines up to $250,000. To qualify the lender will review the financials for your business and will determine your approval amount based on your net profits and collateral.
We also offer your business many niche programs that can really help you grown your business. Through us we can help you secure financing to put up commercial signs for your business, or even to wrap your vehicles with graphic wraps for branding and marketing purposes.
We also offer another specialized funding program where you can secure money to purchase and rehab investment properties. You can secure money to purchase, or lease equipment for your business through us, even if you are a brand-new startup business. You can even secure financing using equipment you already own as collateral through our equipment sale leaseback financing
Giving you the access to the largest lender supply anywhere, and so many core financing programs insures you stand the best chance of being approved, even as a new startup business or with challenged personal credit now.
Discover business financing options you never knew you had with alternative lenders and investors. Complete Your Finance Blueprint Qualifier Today! It’s free and won’t affect your credit score. Free business credit & loan consultation! - Get Started! Click Here!
Sunday, January 3, 2021
Compare & Choose the Perfect Loan for Your Business
Get a FREE tailored profile and score explaining how likely your business is to receive startup loans, credit lines, equipment, factoring, sba funding & how to improve your lending score and fundability! Wont Impact Credit Score! GET Started! - Click Here!
Monday, December 14, 2020
Need Help with Bad Credit?
100% Free Credit Consultation! Check Your Credit For FREE! FREE Negative Item Review! FREE Sign Up Online! Build Up Your Credit Scores! Wont Impact Credit Score! GET Started! - Click Here!
Monday, June 1, 2020
Things You Didn't Realize Contributed To A Bad Credit Rating
Your credit rating can dictate every part of your future plans, from buying a house to paying for your next holiday. Here are the top things you may not realise affect your credit rating.
1. Having a high credit card limit
When applying for a loan, the lender looks at your credit card limit, not the amount you owe on your card. Even if you only use $1000 of a $50,000 limit, the lender will still treat you as though you regularly borrow $50,000. A smaller limit will help keep your credit rating higher.
2. Spending more than 50% of your credit limit
Your credit score is calculated against your debts using a debt-to-credit ratio or debt utilisation ratio. Rather than looking at how often you pay off your debts, credit raters also look at the amount of available credit you are currently using. If you’re using more than 10-30% of your available credit limit, your credit rating will likely be impacted.
3. Missing any repayments greater than just $150
Any overdue payment larger than $150, paid later than 60 days counts overdue, which is listed on your credit score for five years. Even small amounts matter. The Office of the Australian Information Commissioner (OAIC)’s report on your credit doesn’t reveal the amount on your missed payment; only that you missed the payment.
4. Transferring the balance of one credit card to another
This is an obvious one; but if you’re trying to escape fees on your credit card by moving the balance to a different bank, your rating will become lower.
5. Just applying for a credit card
Every time you apply for a line of credit including a credit card, your credit rating is impacted. Even if you don’t even go ahead with the credit card and you never even use it, just applying affects your rating.
5. Applying for multiple loans while waiting for one to be approved
‘Don’t put all your eggs in one basket,’ doesn’t apply when it comes to loans. Every time you apply for a loan, even if you don’t go ahead with it, your credit rating is reduced.
6. Being involved in insolvency, bankruptcy and court judgements
If you’ve been involved in any financial court judgements, as well as insolvency or bankruptcy, your credit score will be reduced.
7. Having a partner or spouse default on a loan
If you and your partner have joint bank accounts or a mortgage in both your names, you’ll want to ensure you submit your repayments correctly and on time. Even if your partner isn’t listed on the loan, their repayment history will influence your credit score.
8. Not letting your banks and other lenders know when you change your name
If you have a pristine credit history and change your name without letting lenders know, your credit history will be lost. A perfect credit history is one of the best ways to ensure an ongoing high credit rating.
9. Closing credit cards with a good repayment history
Use it or lose it to keep a good credit rating.
10. Missing just one payment out of many each month
The OAIC shows if you’ve missed just one payment in your monthly stack of bills, your credit history will still show you’ve not met your obligations for the entire month.
Don’t let small mistakes lower your credit rating. Stay on top of your obligations so when you need a loan, you can get it.
1. Having a high credit card limit
When applying for a loan, the lender looks at your credit card limit, not the amount you owe on your card. Even if you only use $1000 of a $50,000 limit, the lender will still treat you as though you regularly borrow $50,000. A smaller limit will help keep your credit rating higher.
2. Spending more than 50% of your credit limit
Your credit score is calculated against your debts using a debt-to-credit ratio or debt utilisation ratio. Rather than looking at how often you pay off your debts, credit raters also look at the amount of available credit you are currently using. If you’re using more than 10-30% of your available credit limit, your credit rating will likely be impacted.
3. Missing any repayments greater than just $150
Any overdue payment larger than $150, paid later than 60 days counts overdue, which is listed on your credit score for five years. Even small amounts matter. The Office of the Australian Information Commissioner (OAIC)’s report on your credit doesn’t reveal the amount on your missed payment; only that you missed the payment.
4. Transferring the balance of one credit card to another
This is an obvious one; but if you’re trying to escape fees on your credit card by moving the balance to a different bank, your rating will become lower.
5. Just applying for a credit card
Every time you apply for a line of credit including a credit card, your credit rating is impacted. Even if you don’t even go ahead with the credit card and you never even use it, just applying affects your rating.
5. Applying for multiple loans while waiting for one to be approved
‘Don’t put all your eggs in one basket,’ doesn’t apply when it comes to loans. Every time you apply for a loan, even if you don’t go ahead with it, your credit rating is reduced.
6. Being involved in insolvency, bankruptcy and court judgements
If you’ve been involved in any financial court judgements, as well as insolvency or bankruptcy, your credit score will be reduced.
7. Having a partner or spouse default on a loan
If you and your partner have joint bank accounts or a mortgage in both your names, you’ll want to ensure you submit your repayments correctly and on time. Even if your partner isn’t listed on the loan, their repayment history will influence your credit score.
8. Not letting your banks and other lenders know when you change your name
If you have a pristine credit history and change your name without letting lenders know, your credit history will be lost. A perfect credit history is one of the best ways to ensure an ongoing high credit rating.
9. Closing credit cards with a good repayment history
Use it or lose it to keep a good credit rating.
10. Missing just one payment out of many each month
The OAIC shows if you’ve missed just one payment in your monthly stack of bills, your credit history will still show you’ve not met your obligations for the entire month.
Don’t let small mistakes lower your credit rating. Stay on top of your obligations so when you need a loan, you can get it.
Thursday, February 6, 2020
Personal Loans For Bad Credit – What The Types Available
When you get personal loans for bad credit, you may have to choose between a secured and an unsecured personal loan. An unsecured personal loan would require you to have a much higher interest rate, while a secured loan would require you to put up real property as collateral in the event you default on loan payments.
These days, it’s easy to get a credit card and then spend like crazy on all the things that you enjoy. This can become a problem when you do not pay that credit back. This means that you cannot make the monthly payments or that you do not pay them back on time. This can result in bad credit and what this means is that you will have a bad credit history which will in turn make it harder for you to make a loan of any sort on anything. However, this is not a dead end kind of situation. You can actually climb out of that debt by trying out personal loans for bad credit. Here are a couple of the most famous kinds of loans.
Secured Personal Loans
These personal loans for bad credit can be easy to get and they are actually kind of popular as well. First, the one thing that you can be sure of is that you will pay off this loan on a monthly basis with lower payments because of the lower interest rates. Of course, since the payments are so low, you can expect that it will take some time for you to pay off the loan because they offer longer amounts of time to pay it off. This can be good for some people who want to maintain a steady but sure pace in paying back the loans. But for others, it might be too long and they will forget to make payments in the long run. It really depends on the kind of discipline that you set for yourself. The other drawback is that you need to present an asset like a house as a kind of collateral for the loan. This will make it easier for lenders to loan you the amount that you need. If you do not pay it back, they have your car or house to fall back on as payment for the loan. This means you risk losing your assets to the lender.
Unsecured Personal Loans
These, of course, are the complete opposite of secured loans and these can be risky for both the lender and the borrower. It is more risky for the lender because there is no collateral involved here which means they will charge you a higher interest rate and a higher monthly rate. If you do not payHealth Fitness Articles, the lender has no collateral as back up from you. The higher payment is what you will suffer from in the long run.
These days, it’s easy to get a credit card and then spend like crazy on all the things that you enjoy. This can become a problem when you do not pay that credit back. This means that you cannot make the monthly payments or that you do not pay them back on time. This can result in bad credit and what this means is that you will have a bad credit history which will in turn make it harder for you to make a loan of any sort on anything. However, this is not a dead end kind of situation. You can actually climb out of that debt by trying out personal loans for bad credit. Here are a couple of the most famous kinds of loans.
Secured Personal Loans
These personal loans for bad credit can be easy to get and they are actually kind of popular as well. First, the one thing that you can be sure of is that you will pay off this loan on a monthly basis with lower payments because of the lower interest rates. Of course, since the payments are so low, you can expect that it will take some time for you to pay off the loan because they offer longer amounts of time to pay it off. This can be good for some people who want to maintain a steady but sure pace in paying back the loans. But for others, it might be too long and they will forget to make payments in the long run. It really depends on the kind of discipline that you set for yourself. The other drawback is that you need to present an asset like a house as a kind of collateral for the loan. This will make it easier for lenders to loan you the amount that you need. If you do not pay it back, they have your car or house to fall back on as payment for the loan. This means you risk losing your assets to the lender.
Unsecured Personal Loans
These, of course, are the complete opposite of secured loans and these can be risky for both the lender and the borrower. It is more risky for the lender because there is no collateral involved here which means they will charge you a higher interest rate and a higher monthly rate. If you do not payHealth Fitness Articles, the lender has no collateral as back up from you. The higher payment is what you will suffer from in the long run.
Monday, July 29, 2019
Six Tips to Finding the Best Personal Loan
Before you take out a personal loan, you need to study many lenders and scrutinize their requirements regarding interest rates and terms. Apply these six tips and you can land your best personal loan.
Before you take out a personal loan, you need to study many lenders and scrutinize their requirements regarding interest rates and repayment terms. Using these six steps to find a personal loan, you should be able to get through the process without too much time and too much effort. Having the terms available from many lenders will help you negotiate terms with each lender. Also, this research will help you avoid any fraudulent or unscrupulous lenders.
ONE: Watch Those Interest Rates
When you are in the shopping phase of finding a lender, you will want to a keep a close eye on interest rates. This can save you hundreds of dollars, depending on the loan. Be aware that interest rates offered can fluctuate, sometimes daily according to financial markets.
TWO: Watch Your Credit Score
Get copies of your credit reports. Good credit history means low interest rates. Understand your ratings and what they mean. Very low scores can limit your search for lenders. Some traditional lenders will not lend to those with low scores. Non-traditional lenders may offer loans but the interest rates will be higher because of the risk you entail as a borrower.
THREE: Watch for Extra Fees
You need never hand over any fees before a loan is finalized. In lender who demands processing or other upfront fees is operation outside the law. Find another lender. Most any fees should be included in the loan itself. The Federal Trade Commission has an outline of accepted fees. During the execution of the loan, if you discover any untoward fees, you should withdraw and report the lender to the FTC. You can do this over the phone or online.
FOUR: Watch Which Lender
Many lenders exist. They range from your traditional brick and mortar institutions such as banks and credit unions, on to non-traditional storefront or online private lenders. Traditional lenders tend to rely greatly on credit scores and charge relatively low interest. Non-traditional lenders usually only require proof of employment and identification documents. Their interest rates tend to be high.
FIVE: Watch Lender Credentials
A good place to start no matter which type of lender you choose is the Better Business Bureau (BBB). If your prospective lender is not listed in the BBB directories, do not use that lender. In the BBB listings you will find actual ratings of each business as well as customer feedback. Also, online forums exist where you will find borrowers who are all too eager to grumble about any bad experiences they have had with certain lenders.
SIX: Watch to Get the Right Loan for You
You need a loan in the amount you need to meet your financial goals, you need a loan that has repayment terms that are comfortable withing you financial situation, you need to know how soon you can get the loan. you need comfortable interest rates, you need the loan to be free of unwarranted fees. You need to scrutinize all fine print.
Landing the Loan
Make sure you really need the loan. Have you exhausted all other avenues to meet your financial needs? If the answer is yes then, apply the six tips above and you should be able to land the best personal loan for you.
Before you take out a personal loan, you need to study many lenders and scrutinize their requirements regarding interest rates and repayment terms. Using these six steps to find a personal loan, you should be able to get through the process without too much time and too much effort. Having the terms available from many lenders will help you negotiate terms with each lender. Also, this research will help you avoid any fraudulent or unscrupulous lenders.
ONE: Watch Those Interest Rates
When you are in the shopping phase of finding a lender, you will want to a keep a close eye on interest rates. This can save you hundreds of dollars, depending on the loan. Be aware that interest rates offered can fluctuate, sometimes daily according to financial markets.
TWO: Watch Your Credit Score
Get copies of your credit reports. Good credit history means low interest rates. Understand your ratings and what they mean. Very low scores can limit your search for lenders. Some traditional lenders will not lend to those with low scores. Non-traditional lenders may offer loans but the interest rates will be higher because of the risk you entail as a borrower.
THREE: Watch for Extra Fees
You need never hand over any fees before a loan is finalized. In lender who demands processing or other upfront fees is operation outside the law. Find another lender. Most any fees should be included in the loan itself. The Federal Trade Commission has an outline of accepted fees. During the execution of the loan, if you discover any untoward fees, you should withdraw and report the lender to the FTC. You can do this over the phone or online.
FOUR: Watch Which Lender
Many lenders exist. They range from your traditional brick and mortar institutions such as banks and credit unions, on to non-traditional storefront or online private lenders. Traditional lenders tend to rely greatly on credit scores and charge relatively low interest. Non-traditional lenders usually only require proof of employment and identification documents. Their interest rates tend to be high.
FIVE: Watch Lender Credentials
A good place to start no matter which type of lender you choose is the Better Business Bureau (BBB). If your prospective lender is not listed in the BBB directories, do not use that lender. In the BBB listings you will find actual ratings of each business as well as customer feedback. Also, online forums exist where you will find borrowers who are all too eager to grumble about any bad experiences they have had with certain lenders.
SIX: Watch to Get the Right Loan for You
You need a loan in the amount you need to meet your financial goals, you need a loan that has repayment terms that are comfortable withing you financial situation, you need to know how soon you can get the loan. you need comfortable interest rates, you need the loan to be free of unwarranted fees. You need to scrutinize all fine print.
Landing the Loan
Make sure you really need the loan. Have you exhausted all other avenues to meet your financial needs? If the answer is yes then, apply the six tips above and you should be able to land the best personal loan for you.
Tuesday, February 19, 2019
Personal Bank Loan - Fast Consolidation & Tax Relief
A personal bank loan is one of the most commonly sought products when it comes to bank lending. When the budgets seem a little tight and you need some extra personal money, loan options may be one of your first considerations. Keeping all of your financial options in mind is very important, and you should assess these against your personal needs. Each choice may offer its own advantages and disadvantages, and weighing these pros and cons will help you select the best financial option for you.
You may realize that banks often are not very enthusiastic about extending a personal bank loan, and in many cases, do not even have such a product available. Instead, they will push you to fill out a new credit card application. But this is not an accurately matched product for the bank loan for personal reasons you really need.
When money becomes tight, most people impulsively resort to using credit cards. This, however, can create an epidemic debt problem that can be very difficult and take years to get out of. High interest credit cards quickly accumulate balances with not only the high rate, but also fees and heft late fees.
A personal bank loan can be a much more financially sound option. These generally have much lower interest rates than do credit cards. Personal loans can be obtained for just about any purpose, and can be readily obtained through a variety of lending sources. Banks, finance companies, and several web based companies offer personal money loans. So if your bank does not offer you the bank loan for personal reasons you are looking for, there is a good chance you can find it through another source.
These loans are generally unsecured. They can also be obtained rather quickly. You can avoid showing maxed out credit cards on your credit report by getting a personal money loan instead. This will give you cash to take care of needs. You can even use them to pay for a down payment on a car, debt consolidation or to take a vacation. The versatility and freedom of personal money loans is what makes them so popular.
You may realize that banks often are not very enthusiastic about extending a personal bank loan, and in many cases, do not even have such a product available. Instead, they will push you to fill out a new credit card application. But this is not an accurately matched product for the bank loan for personal reasons you really need.
When money becomes tight, most people impulsively resort to using credit cards. This, however, can create an epidemic debt problem that can be very difficult and take years to get out of. High interest credit cards quickly accumulate balances with not only the high rate, but also fees and heft late fees.
A personal bank loan can be a much more financially sound option. These generally have much lower interest rates than do credit cards. Personal loans can be obtained for just about any purpose, and can be readily obtained through a variety of lending sources. Banks, finance companies, and several web based companies offer personal money loans. So if your bank does not offer you the bank loan for personal reasons you are looking for, there is a good chance you can find it through another source.
These loans are generally unsecured. They can also be obtained rather quickly. You can avoid showing maxed out credit cards on your credit report by getting a personal money loan instead. This will give you cash to take care of needs. You can even use them to pay for a down payment on a car, debt consolidation or to take a vacation. The versatility and freedom of personal money loans is what makes them so popular.
Monday, October 8, 2018
The Importance of taking the Business Fundability Test!
The best chance you have of getting the money you need for your business is to know where your company's credit and overall setup stack up to lender expectations. That's what the business fundability test does for you. It gives you the information you need to be prepared and improve areas that need strengthening. The business fundability test can give you vital information for immediate lending needs as well.
If you are in a crunch and need money now, taking the business fundability test will give you an idea of which lenders would be more open to providing for your needs. What is the Business Fundability Test? The business fundability test is a simple, free and fast scoring system that measures the strength of your business' credit and identification information. Things that are often overlooked such as rating your company based on its location and whether it exists in its own location or is home-based, if your telephone number for your business is listed in the national directory. These are items very often overlooked by new business owners, but not by lenders. They will look, and you should know ahead of time where you stand. Of course, a business fundability test will also check your credit standings with major reporting agencies.
It will also give you a head's up on how your business reputation holds up and if all of its licensing is up to date. Taking the business fundability test is like getting pre-approval for a personal loan. It gives you the confidence you need to approach lenders, because you already know what they are going to see when they look at your application and do their own research on your credibility as a business. You can take the business fundability test for your own company at http://www.americafundinglending.com. The Best Time to Take a Business Fundability Test Really, there is no wrong time to take the business fundability test. The best time to take the test is long before you need to get a loan so that you have time to rectify any shortcomings. It isn't a one-time thing, however. You should take the test regularly to keep track of where you stand and how your efforts are working to improve your business' credibility. Finally, you should always take the business fundability test immediately before actually applying for a loan. Just like your personal credit, business fundability can fluctuate and you never want to be left unprepared.
If you are in a crunch and need money now, taking the business fundability test will give you an idea of which lenders would be more open to providing for your needs. What is the Business Fundability Test? The business fundability test is a simple, free and fast scoring system that measures the strength of your business' credit and identification information. Things that are often overlooked such as rating your company based on its location and whether it exists in its own location or is home-based, if your telephone number for your business is listed in the national directory. These are items very often overlooked by new business owners, but not by lenders. They will look, and you should know ahead of time where you stand. Of course, a business fundability test will also check your credit standings with major reporting agencies.
It will also give you a head's up on how your business reputation holds up and if all of its licensing is up to date. Taking the business fundability test is like getting pre-approval for a personal loan. It gives you the confidence you need to approach lenders, because you already know what they are going to see when they look at your application and do their own research on your credibility as a business. You can take the business fundability test for your own company at http://www.americafundinglending.com. The Best Time to Take a Business Fundability Test Really, there is no wrong time to take the business fundability test. The best time to take the test is long before you need to get a loan so that you have time to rectify any shortcomings. It isn't a one-time thing, however. You should take the test regularly to keep track of where you stand and how your efforts are working to improve your business' credibility. Finally, you should always take the business fundability test immediately before actually applying for a loan. Just like your personal credit, business fundability can fluctuate and you never want to be left unprepared.
Monday, July 16, 2018
Technology Finance - Up To $300,000 For Your Business Technology Equipment
Up to $300,000 in equipment with no personal guarantee!*
Receive up to $300,000 for your business technology needs today! • Finance computers, software, business equipment, almost any technology.
• Fast 72 hour approval possible with 2 to 3 week delivery.
• No personal guarantee* and only minimal documentation required.
How do you qualify? • Corporation must be currently in business and generating revenue.
• Company must have established business credit.
• Need to be in a commercial location (sorry no home offices).
• Not sure if you qualify for this program? Find out by clicking here!
Can non-technology items be part of the financing? • Yes, cash is available in the financing for your design and set-up.
• Non-tech items may be included based on % of technology financed.
Click here to get up to $300,000 for your business technology needs.
Receive up to $300,000 for your business technology needs today! • Finance computers, software, business equipment, almost any technology.
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Saturday, April 7, 2018
Monday, October 2, 2017
Do You Know How to Check Your Business Credit?
There are two reasons business owners need to fully understand business credit and how to check the business credit of their business and other businesses as well. The first, and obvious, reason for knowing how to go about finding your own company’s credit rating is to be sure it is in good shape and will help you get the loans you need. The second reason your own business credit is important is that others will look at it as a testament to your responsibility and the stability of your company.
You need to know how to check business credit ratings to be sure other companies are financially stable and responsible too. The same reasons others check your company are important to you when considering doing business with another company or making major purchases from them.
Where to Check Your Business Credit
Any of the major business reporting agencies will give you a copy of your report. Unlike personal credit, it is not a law that a credit company must provide any free reports except in the case of turning down an application for credit. You will either have to pay for your reports, or belong to a credit management plan with them, or an outside credit company. The main credit reporting agencies for businesses are:
• Equifax Business
• Experian Business
• Dun & Bradstreet
Getting another Company’s Report
You will need the full name and address of the business you are interested in researching. Use one of the above agencies and fill out the request form on their website. If you are checking on a company’s credit history to do business with them, ask the owner for the companies EIN number or DUNS number for an easier search.
If they are not willing to give it to you, it may be a good idea to look elsewhere. In the case of business credit ratings, it is public record and all business owners should be ready to have outside people checking into it. When you check the business credit of your own company or someone else’s business rating, a score of 70 or higher is a very good credit history.
Tuesday, April 4, 2017
Monday, April 3, 2017
Start Up Business Loans - How Do I Get One?
It may be the case that to make your dream of owning a company come true, you will need start up business loans. These loans can be obtained from banks and other financial institutions and are intended to help you on your way to achieving your goals. It is essential that you work out how much you are likely to need before you approach any financial institution.
The amount that will need to be borrowed will vary from business to business. Some larger companies may require more funding than smaller businesses, which only require a "shoestring budget" to get started. It is essential that you identify the start up costs that you will have during the first period of your business being developed.
Ongoing expenses that may be found during this period include liability and property insurance, utility bills and staff wages. There may also be one-time expenses such as decoration costs, sign making costs, attorney fees or the fees involved with the process of incorporating your business.
The expenses that you have should be broken down into two categories, namely overheads and variable expenses. Variable expenses usually relate to the costs associated with the direct sale of a product or service. Overhead covers things such as rent, utilities and administrative costs. It is best to make a list with the headings of the two types of expenses and work out from there how much you are likely to need.
It may be possible to "cut corners" by incorporating your company with a company formation agent. These companies can form and register your company for you and provide all the documents you need within a short space of time. This may save money as the costs are generally quite reasonable and certainly cheaper than the fees of an attorney.
Company formation agent companies are easily found via the internet. They may also offer special packages and bonuses; for example, they may provide you with a ready-to-go business bank account. In which case you may have a better chance of getting the start up business loan from the bank that has the business account the agent has provided you with.
Once you have this information you are ready to ask for start up business loans. The bank will ask you for a detailed business plan in order to decide whether they would be willing to lend you the cash. Your plan should detail how the money that they will lend you will be allocated and used in your company. If you have any experience of the trade you are about to enter, make sure that you mention this in the plan. This information will increase the chances of the bank or financial institution agreeing to the loan, as the risk of failure is diminished slightly.
Many start up business loans will have a fixed or variable rate, much like a mortgage. The institutions will assess which loan will be right for you and will discuss the repayments that you will need to make each month. With the right planning, details and figures it can be a simple process to get yourself ready to request start up business loans.
The amount that will need to be borrowed will vary from business to business. Some larger companies may require more funding than smaller businesses, which only require a "shoestring budget" to get started. It is essential that you identify the start up costs that you will have during the first period of your business being developed.
Ongoing expenses that may be found during this period include liability and property insurance, utility bills and staff wages. There may also be one-time expenses such as decoration costs, sign making costs, attorney fees or the fees involved with the process of incorporating your business.
The expenses that you have should be broken down into two categories, namely overheads and variable expenses. Variable expenses usually relate to the costs associated with the direct sale of a product or service. Overhead covers things such as rent, utilities and administrative costs. It is best to make a list with the headings of the two types of expenses and work out from there how much you are likely to need.
It may be possible to "cut corners" by incorporating your company with a company formation agent. These companies can form and register your company for you and provide all the documents you need within a short space of time. This may save money as the costs are generally quite reasonable and certainly cheaper than the fees of an attorney.
Company formation agent companies are easily found via the internet. They may also offer special packages and bonuses; for example, they may provide you with a ready-to-go business bank account. In which case you may have a better chance of getting the start up business loan from the bank that has the business account the agent has provided you with.
Once you have this information you are ready to ask for start up business loans. The bank will ask you for a detailed business plan in order to decide whether they would be willing to lend you the cash. Your plan should detail how the money that they will lend you will be allocated and used in your company. If you have any experience of the trade you are about to enter, make sure that you mention this in the plan. This information will increase the chances of the bank or financial institution agreeing to the loan, as the risk of failure is diminished slightly.
Many start up business loans will have a fixed or variable rate, much like a mortgage. The institutions will assess which loan will be right for you and will discuss the repayments that you will need to make each month. With the right planning, details and figures it can be a simple process to get yourself ready to request start up business loans.
Friday, January 20, 2017
Small Business Credit and Small Business Lending
Most people who start and operate a small business expect to work hard for long hours in order to get their business idea off the ground. What they don't expect is to have to shine their shoes and their personal financial resume in order to get small business credit from their local bank or financial institution. Yet that is the experience of many small business owners who for a variety of reasons need to have loans, lines of credit, or other small business credit in order to keep their business afloat.
The ability to obtain small business credit from a lending institution is directly related to the financial reliability of the small business owner or operator. One of the first things a bank will ask for is proof that the person requesting the small business credit has a good financial standing in the community.
If one has previous bankruptcies, bad debts, or bad loans in their personal financial past, then the bank is usually very reluctant to provide small business credit or financing. Even if they do agree to provide some funding they almost always charge a premium rate of interest and may even demand guarantors or co-signers to the debt arrangement. That's why it is important to check your credit rating before you head off to the bank for your small business line of credit. There are loan programs available that don't use your personal credit such as cash advance on merchant accounts and accounts receivable factoring.
There may be errors or omissions on your credit report that you can change or amend before the bank turns down your small business credit application. There may a possibility of contacting former creditors to see if an arrangement can be reached before you even ask your lending institution to look at your commercial credit needs. Even if you can't change the content of your credit file you can be at least prepared to provide an explanation to the bank as to why they occurred in the past and to give them assurances they will not happen in the future.
A small business credit application may allow you to apply for start up funding to get your business rolling. It may be a small business line of credit that you can use for short term emergencies or tight cash flow months. It may be a business loan that you can use to buy new equipment for your enterprise or to purchase property on which to build your corporate headquarters. Your bank or commercial lender can help you make the right choice of small business credit vehicle to meet your needs for today and tomorrow.
It is hard to break into the world of small business credit, mostly because the risk of small business failure is greatest during the first couple of years of operation. But once you establish yourself in business with a small business line of credit you can rest at little easier and devote your efforts to making your small business a great success.
The ability to obtain small business credit from a lending institution is directly related to the financial reliability of the small business owner or operator. One of the first things a bank will ask for is proof that the person requesting the small business credit has a good financial standing in the community.
If one has previous bankruptcies, bad debts, or bad loans in their personal financial past, then the bank is usually very reluctant to provide small business credit or financing. Even if they do agree to provide some funding they almost always charge a premium rate of interest and may even demand guarantors or co-signers to the debt arrangement. That's why it is important to check your credit rating before you head off to the bank for your small business line of credit. There are loan programs available that don't use your personal credit such as cash advance on merchant accounts and accounts receivable factoring.
There may be errors or omissions on your credit report that you can change or amend before the bank turns down your small business credit application. There may a possibility of contacting former creditors to see if an arrangement can be reached before you even ask your lending institution to look at your commercial credit needs. Even if you can't change the content of your credit file you can be at least prepared to provide an explanation to the bank as to why they occurred in the past and to give them assurances they will not happen in the future.
A small business credit application may allow you to apply for start up funding to get your business rolling. It may be a small business line of credit that you can use for short term emergencies or tight cash flow months. It may be a business loan that you can use to buy new equipment for your enterprise or to purchase property on which to build your corporate headquarters. Your bank or commercial lender can help you make the right choice of small business credit vehicle to meet your needs for today and tomorrow.
It is hard to break into the world of small business credit, mostly because the risk of small business failure is greatest during the first couple of years of operation. But once you establish yourself in business with a small business line of credit you can rest at little easier and devote your efforts to making your small business a great success.
Thursday, December 1, 2016
Christmas Loans: Have It Your Way On Christmas
Christmas is getting closer and people start getting prepared. But Christmas is expensive; studies show that during Christmas season people's spending increases by more than 120% and more and more people are resorting to Christmas loans to finance the holiday's purchases. But what is so special about this type of loans? And most importantly: What are the promotional terms that are being offered on these loans?
Christmas Loans Characteristics
These loans have specific characteristics that make them unique in the financial industry. They provide financing at reduced interest rates. The interest rates can be so low that you would be surprised, but we will get back to this subject later on. These loans also provide easy payments that turn reimbursement into a simple task as the installments are always affordable without much sacrifices.
Furthermore, the requirements for approval are less harsh. There are loans that do not even require a credit pull. No credit verification loans are offered during Christmas and have become very popular because they can be approved within less than a day. But this also means that bad credit applicants, no credit applicants and even those with a past bankruptcy can also get approved without hassles or delays.
No Interest Rate Christmas Loans?
Looking for low interest rate loans? How about no-interest loans? Yes, during Christmas seasons there are lenders offering loans absolutely for free. You are surely thinking that nothing comes for free so I will explain how they profit from these loans. What lenders usually do is offer higher amount loans at no charge with rather restrictive repayment programs. Thus, when a portion of the borrowers cannot afford the repayment, they agree with them to refinance the loan and settle a new repayment but they obviously charge interests on the new refinanced loan because by then, the Christmas holiday is over.
It is the refinancing they profit from knowing that there will be a good percentage of borrowers that will need to resort to refinancing. However, if you plan ahead and do your budgeting right, you can really take advantage of these loans and be one of those that will not need refinancing. But beware of those lenders that offer free or no interest loan but charge a processing fee. If it is only a small fee, it is ok. However, if the fee is so high that it can easily account for all the interests that they supposedly are not charging you, you should refrain from applying.
Seizing The Opportunity
If you need financing during Christmas and the amount you need is not that high, you should resort to Christmas loans because they provide the best terms during these special times. As soon as the holiday ends, regular interests are charged and obtaining the funds will be significantly more expensive. If you need high loan amounts, then you will probably be better off with a home equity loan or a cash out refinance home loan but if your need for funds is limited to a couple of hundreds up to two thousands or a little more, Christmas loans will provide you with an inexpensive or even free source of funds. It is an excellent opportunity that you should not let pass by.
Wednesday, November 2, 2016
Cash Advances For Small Trips On Holidays!
If you need to make a small trip these holidays but you lack the funds to do so and your credit cards are maxed out, you need not despair. You can always request a cash advance loan and count with your wage cash many days prior to your actual payday. With cash advance loans you can obtain in a matter of hours, all the funds you need to finance your holiday trip.
Cash advance loans are excellent tools for this purpose because they have a quick approval process and very few requirements to qualify for them. Within a short period of time you can have all the money you need to purchase tickets or buy sufficient provisions if you decide to travel by car. In any case, cash advance loans are the answer to your funding needs.
Requirements You Need To Meet To Get Approved
In order to get approved, there are few requirements you need to meet. For starters, you’ll have to show proof of a steady income. To do so, you’ll have to show a copy of your last paychecks or your tax presentations. Also, you may be required to prove you’ve remained with the same employer for at least a year or at least that you’ve been working on the same field.
Some lenders are stricter than others as regards to the income requirement. However, all of them will want you to have an available income good enough to afford the payment or payments of your loan. Finally, you’ll also be required to have a bank account where the loan amount will be deposited and probably withdrawn too when the payment is due.
Fast Approval Is a Plus!
Cash Advance loans have a fast approval ratio. Since there are no long credit verification processes nor boring bureaucratic paperwork to fill, in a matter of few hours you can have the money deposited into your bank account ready to be used for purchasing airline tickets or whatever other purpose you can think of.
Most lenders guarantee that the application and approval process doesn’t take more than 24 business Hs. which means that by the next day, you can count on the cash being available on your bank account. Of course, this fast service has its costs and the fee charged to compensate this swiftness and lack of credit checks is rather high.
Savings For Early Purchases
Nevertheless, since tickets usually increase their price as time goes by due to the demand and especially on holidays, by using a cash advance loan to purchase them earlier, you can save a lot of money. In some cases you can compensate the fees on your cash advance loan or even save more money than what you spend for financing.
Thus, cash advance loans, when used correctly are an excellent financial tool. You just need to be careful to avoid scams by comparing different lenders and doing your research prior to applying instead of going for the first loan offer you receive. If you follow this advice, you’ll soon be making that trip absolutely free from hassles.
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