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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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Amazon Lending: How to Determine If an Amazon Loan Is Right for Your Business

Fundera

Since 2011, Amazon has offered financing solutions for small business owners through their Amazon Lending program. If your credit score and bank statements aren’t where they need to be, you might have trouble finding financing. . This being said, if you’re wondering—”Does Amazon Lending check credit?

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SBA Community Advantage Loans: The Comprehensive Guide

Fundera

This being said, the SBA Community Advantage loan program was created in 2011 to “meet the credit, management, and technical assistance needs of small businesses in underserved markets.” Have not previously defaulted on any government-guaranteed business loans. Community Advantage-Specific Requirements.

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Everything you Need to Know about the SBA Community Advantage Loans

Fundera

In 2011, the SBA committed to improving access to capital by giving funds to organizations with a history of helping underserved communities. But since Community Advantage lenders are mission-based, most are more flexible with your credit than traditional lenders tend to be. Why is the SBA offering these loans?