Fundera

JUNE 14, 2016

According to the National Association of Small Business’s 2015 report , 73% of businesses surveyed had received some type of outside financing in 2015 to meet their capital needs. To grow or expand your business, you need to have a source of extra cash… And for many businesses that means filling out a business credit application.

Credit Application 73

Credit Application Credit Scoring Credit and Collections Small Businesses 73

Fundera

MARCH 8, 2016

Louis have joined together to release the Small Business Credit Survey in February. There were a few interesting and informative trends from 2015 highlighted in this report, but the most compelling one we found was the success of small banks in the lending landscape. A Reliable Credit Source. Let’s take a look at the data.

Small Businesses 76

Small Businesses Credit Unions Credit Application 76

Fundera

MAY 25, 2017

Although you are more likely to get a credit application evaluated on the basis of a FICO score than a VantageScore, VantageScore is gaining prominence. According to the company’s website , “8 billion VantageScore credit scores were used in a 12-month period in 2015–2016—an increase of nearly 40% over 2014–2015.” .

Credit Scoring 74

Credit Scoring Credit and Collections Collector Credit Application 74

Fundera

SEPTEMBER 24, 2017

Restaurant middle-class job growth was almost four times stronger than the entire economy from 2010-2015. Keep good accounting records and be ready to present them for loans or credit applications. increased 25% from 2010 to 2017. Have sufficient cash reserves in place in cases of emergency. The Risk of High Costs.

Credit Application 92

Credit Application Small Businesses 92

Due

JANUARY 3, 2023

“Sure, it makes sense that the person screening my job or apartment application would want to know if I have an open felony,” Hardy adds. In the version of the credit report you receive, your spouse’s name may appear, but not in the version shared with others. It gets worse.

Credit Scoring 119

Credit Scoring Credit and Collections Bankruptcy Credit Reporting Agencies 119

Fundera

JULY 6, 2016

Like we saw above, there’s a definite relationship between credit score and APR. Let’s take a closer look: This data, taken from our quarterly State of Online Small Business Lending (Q3 2015) , encompasses 1,300 loans and $63 million in financing. Limit your credit applications. That can definitely make an impact.

Credit Scoring 74

Credit Scoring Credit and Collections Bankruptcy Small Businesses 74