Subscribe to Blog ContentBusiness Loan
-
Lenders Entice Small Businesses with Credit Card Reward Programs
January 30, 2012
The National Small Business Association reports that 42% of small business owners carry over a credit card balance according to data from July 2011. This has serious effects on small businesses owners and their credit scores because small business credit cards don't have the same protections that the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) gives to consumer credit cards. Lender Response to CARD Act Since small business credit cards aren't covered by the CARD Act, lenders can change interest rates o...
Read full post -
Four Must Dos to Buying a Company
November 16, 2011
This insufferable economy has worn out many people especially owners who can no longer give their all to their business. Even so, many of these businesses hold a lot of potent...
-
Score with Your Business Credit Report
October 3, 2011
If you need financing services or a bank loan, your credit score will be a big player as creditors use it to determine your company's credit worthiness. Credito...
-
How a Small Business Can Get More Cash Upfront
September 19, 2011
A successful event management business has nine employees with an income of $2.7 million in 2010. Despite its success, the owner is struggling to get enough cas...
-
How Expenses, Debt and Accounts Receivables Affect Cash Flow
August 22, 2011
A financial statement can show a business has $100,000 when in reality it has much less. Not all financial reports show how much cash a company has in its hands...
-
Managing Credit Cards for Business
August 8, 2011
Some small businesses use personal credit cards for business transactions and working capital. One reason for this is the protections that consumer credit cards get under Cred...
-
Growing Use of Small Business Credit Cards for Working Capit...
July 29, 2011
As explained in Business Credit Cards Exempt from Credit Card Protections, business credit cards don't receive the same protections as consumer credit cards fro...
-
Before You Pursue a Small Business Loan ...
July 19, 2011
Before seeking a loan, do a review as suggested in 5 Ways Small Businesses Can Get a Loan. This means considering two things. First, the cash may be available s...
-
Business Credit Cards Exempt from Credit Card Protections
July 15, 2011
In 2009, Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act to protect consumers from unfair practices, such as hidden fees...
