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Big Boss, Small Salary: Study Finds Most Business Owners Earn Less

Fundera

between 1993 and 2011—they’re America’s job creators for a reason. Respondents were asked 79 questions across 5 categories: demographics, credit scores and credit cards, lending, lifestyle, and economic outlook. And, they’re not the only ones that benefit. Small businesses created 64% of net new jobs in the U.S.

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Looking for Affordable Cash for Your Business? Kabbage Can Help

Fundera

Kabbage , which started extending loans in 2011, now extends over $1 billion in small business financing a year. Their flexible lines of credit of up to $100,000 are paid back over 6 or 12 months. There’s no minimum credit score or business size to consider. What Are The Requirements?

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How Is a FICO Score Calculated? 5 Factors That Go Into Your Score

Fundera

Chances are you’ve heard of your FICO score and consider it pretty much interchangeable with your “credit score.” This article will explore how one corporation came to be synonymous with the “credit scoring” industry and give a little insight into how a FICO score is calculated based on your credit history.

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9 Benefits of Getting an EIN (Even If You Don’t Have To)

Fundera

According to the Treasury Inspector General, 285,670 EINs were stolen or falsely obtained during tax year 2011 (the most recent year for which there’s reliable data) to file fraudulent business tax returns. [2] Loans, business credit card activity, and payments to vendors and suppliers show up on your business credit report.

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OCC warns about increasing credit risk

Abrigo

In fact, Curry noted that at the end of the second quarter of 2015, “auto lending represented more than 10 percent of retail credit in OCC-regulated institutions, up from 7 percent in the second quarter of 2011.” In addition, more banks are packaging auto loans into asset-backed securities as opposed to holding them in a portfolio.

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9 Benefits of Getting an EIN (Even If You Don’t Have To)

Fundera

According to the Treasury Inspector General, 285,670 EINs were stolen or falsely obtained during tax year 2011 (the most recent year for which there’s reliable data) to file fraudulent business tax returns. Loans, business credit card activity, and payments to vendors and suppliers show up on your business credit report.

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The Alternative Lending 25: Small Business Edition

Fundera

It’s not an unfair assumption to make that if a borrower can convince 3 to 5 people to invest money into their business venture, then they’ve probably got a good chance of success—even if they lack the financial documents or credit history to prove it. CAN Capital. And CAN Capital has speed down to a science. Enter: BancAlliance.