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Get a handle on your personal and business creditscores. We’ll break down need-to-know accounting terms, how to handle your creditscores, how to apply for a business loan, and more—so that you’ll have all the information you need to manage your small business finances.
If you default on your “loan” with a pawnbroker, your creditscore won’t report it—but technically, this is a form of alternative lending. And then, in 2008, the Great Recession rocked the world. If it was tough for small business owners to access credit from banks before, then after 2008 it was nearly impossible.
Get ready to learn about need-to-know accounting terms, managing your creditscores, applying for a business loan , and more so you can feel prepared for managing finances for a small business. Part 3: Get a Handle on Your CreditScores. How to Manage (and Boost) Your Personal CreditScore.
Get ready to learn about need-to-know accounting terms, managing your creditscores, applying for a business loan , and more so you can feel prepared for managing finances for a small business. Part 3: Get a Handle on Your CreditScores. How to Manage (and Boost) Your Personal CreditScore.
Founded in 2008, Kabbage was among the first wave of online lenders. Since then, they’ve become one of the most reputable online lending platforms, and a go-to source for business owners seeking revolving lines of credit. – 500 personal creditscore. Personal creditscore : 500. Interest rate of 1.5%
You’re subject to a bankruptcy proceeding. You’ve formed a new LLC with one owner that has an excise tax filing requirement for tax periods beginning on or after January 1, 2008, or an employment tax filing requirement for wages paid on or after January 1, 2009. You incorporate your business.
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