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

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

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. Don’t default. Limit your credit applications.

Credit Scoring 74

Credit Scoring Credit and Collections Bankruptcy Small Businesses 74