Tag Archives: Credit

How to Use Business Credit to Fight Inflation as a Startup

How to Use Business Credit As a Startup: Where to Find It The truth is, even as a startup you can benefit from business credit. Generally, the mindset is that you have to have credit to get credit. Unfortunately, this is more true with business credit than personal. However, it is possible to get credit … Continue reading How to Use Business Credit to Fight Inflation as a Startup

Business Financing with Bad Credit is Possible: 5 Business Loans You Can Get Even With Bad Credit

Bad credit business loans are kind of a mystery. You probably aren’t going to find them at a traditional bank. Rather, business financing with bad credit generally comes in the form of alternative types of financing and from alternative lending sources.  Is it Possible to Get Business Financing With Bad Credit? If you have collateral, … Continue reading Business Financing with Bad Credit is Possible: 5 Business Loans You Can Get Even With Bad Credit

Surprise! Someone Decided to Check Your Business Credit

No one wants a surprise when they apply for a loan, whether it’s a personal loan or a business loan. Rather, the hope is that the process is smooth and ends with approval of funds. However, if you aren’t aware, a surprise is exactly what you might get when you apply for a loan and … Continue reading Surprise! Someone Decided to Check Your Business Credit

Steps to Building Business Credit in 2022

Welcome to Your Guide to Steps to Building Business Credit in 2022 Do you want to know how to build business credit with EIN to get the financing you need to run your business? Your business setup is key. And records consistency matters. The steps to building business credit  in 2022 are in this particular … Continue reading Steps to Building Business Credit in 2022

Credit Strong: Read This Before You Sign Up

Credit Strong is a Division of Austin Capital Bank. It offers credit building programs for both personal and business credit. Does it work? Yes, but not on its own. It can be a legitimate part of a credit building system. Is it worth it? The short answer is, it depends. It can, if you handle … Continue reading Credit Strong: Read This Before You Sign Up

What You Need to Know About How Personal Credit Impacts Business Operations

There are 125 factors that affect the fundability of your business. Personal credit is one of them. Since it impacts the fundability of your business, personal credit impacts business operations. Personal Credit Impacts Business Operations in More Ways Than One Fundability is the obvious one. This is the ability of your business to get funding. … Continue reading What You Need to Know About How Personal Credit Impacts Business Operations

Check Out These Tier 4 Business Credit Vendors That Can Help Strengthen Your Business Credit Score

At Credit Suite, we talk about building business credit by working through the vendor credit tiers. These tiers are how we classify vendors based on their ease of credit approval. Tier 1 vendors are likely to extend net terms based on meeting some basic Fundability guidelines. Meanwhile, Tier 4 vendors are likely to require a … Continue reading Check Out These Tier 4 Business Credit Vendors That Can Help Strengthen Your Business Credit Score

How to Maximize Credit Score to Unlock the Full Power of Your Business Credit

Are you using your business credit score to its fullest potential? Are you getting the full amount of funding available to you through the power of your business credit? Here’s how to maximize credit score and unlock the power of your business credit. Your Business Credit Score Makes All the Difference While it is possible … Continue reading How to Maximize Credit Score to Unlock the Full Power of Your Business Credit

5 Year Business Credit & Funding for House Flipping Guide

What is Our 5 Year Business Credit & Funding for House Flipping Guide All About? It’s about finding business credit—and funding for house flipping. Your business has stages, and they all correspond to types of financing and business credit. We’ll get to those later. Where Do You See Your House Flipping Business in Five Years … Continue reading 5 Year Business Credit & Funding for House Flipping Guide

Here’s When to Dip Into Your Line of Credit

The Best Ways to Use Your Business Line of Credit  A business line of credit (LOC) is a powerful tool to help business owners handle surprise expenses or navigate a dip in revenue. Having an LOC to draw from can be the difference between business failure and survival. But like any money you borrow, LOCs … Continue reading Here’s When to Dip Into Your Line of Credit