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13 Surprising Factors That Affect Your Credit Score (and Why Small Business Owners Should Care)

Fundera

When a credit bureau computes your credit score, their job is to produce a number that estimates—given your past and current financial history—how likely you are to default on future debts. There are five notable components of a personal credit score. There are five notable components of a personal credit score.

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Is Granting Credit Terms Worth the Risk?

Your Virtual Credit Manager

Imagine a world where extending trade credit was completely risk-free, and granting open terms of sale to business customers required no second thought. In such an ideal scenario, every customer would have both the ability and the integrity to pay their bills in full and on time, eliminating any need for a credit management.

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The Ultimate Guide to Managing Small Business Finances

Fundera

Get a handle on your personal and business credit scores. We’ll break down need-to-know accounting terms, how to handle your credit scores, 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. Get a Business Credit Card.

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The Alternative Lending 25: Small Business Edition

Fundera

But in recent years—especially since the 2008 financial crisis—alternative lending has grown and grown. And since the financial crisis, when credit tightened more than ever, these small business owners have been heading to the newest online lenders instead of their local banks. . The Credit Junction. CAN Capital.

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The Ultimate Guide to Managing Small Business Finances

Fundera

Get ready to learn about need-to-know accounting terms, managing your credit scores, applying for a business loan , and more so you can feel prepared for managing finances for a small business. Plus, QBO syncs with your bank accounts and credit card accounts so data is always up to date. Don’t max out your credit cards.

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The Ultimate Guide to Managing Small Business Finances

Fundera

Get ready to learn about need-to-know accounting terms, managing your credit scores, applying for a business loan , and more so you can feel prepared for managing finances for a small business. Plus, QBO syncs with your bank accounts and credit card accounts so data is always up to date. Don’t max out your credit cards.

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SnapCap vs. Kabbage: Which Lender Is Right for Your Business?

Fundera

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. Line of credit. – 500 personal credit score. SnapCap vs. Kabbage: Overview.