Fundera

OCTOBER 20, 2019

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. Gross Revenue. Net Profit.

Small Businesses 101

Small Businesses Credit Scoring Credit and Collections Default 101

CreditStrong for Business

SEPTEMBER 12, 2024

Unfortunately, regardless of the reason, they will affect your credit score. Still, you may be wondering—how long do late payments stay on your credit report? Still, you may be wondering—how long do late payments stay on your credit report? How Does a Late Payment Affect Your Credit?

Credit Scoring 52

Credit Scoring Credit Card Payments Credit and Collections Bankruptcy 52

CreditStrong for Business

MARCH 10, 2023

Late payments remain on your credit bureau report and influence your credit score for seven years. Fortunately, there are ways to improve your overall credit profile to offset the adverse results that late payments have on your credit score. and 35% of your FICO score.

Credit Scoring 52

Credit Scoring Credit Card Payments Bankruptcy Chapter 7 52

Fundera

JUNE 1, 2016

“We do not make a judgement on your application based solely on your credit score,” says Walpert. Payment Frequency: Loan payments get deducted from your business checking account on the 1st and 16th of each month. Approval Time: Typically you’ll have your loan decision within 48 hours of receiving all documentation.

Credit Scoring 74

Credit Scoring Bankruptcy Deductions Small Businesses 74

Due

DECEMBER 2, 2023

Your credit history sums up all the information in your credit report. This information includes balances due, credit accounts, and payment history details. Your credit report also contains information on overdue debt, foreclosures, bankruptcies, judgments, and liens. FICO scores range from 300 to 850.

Credit Scoring 59

Credit Scoring Credit and Collections Chapter 7 Bankruptcy 59

Due

MAY 5, 2023

In addition to increasing account balances, late fees can negatively affect consumers’ credit scores as well. It’s easier to review your policies with one insurer and see at a glance if your limits and deductibles are appropriate for your needs,” Penny Gusner, consumer analyst at Insurance.com, told Kiplinger.

Insurance Companies 119

Insurance Companies Credit Scoring Medical Billing Deductions 119

Fundera

NOVEMBER 17, 2018

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. Part 3: Get a Handle on Your Credit Scores. How to Manage (and Boost) Your Personal Credit Score. Gross Revenue.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Fundera

NOVEMBER 17, 2018

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. Part 3: Get a Handle on Your Credit Scores. How to Manage (and Boost) Your Personal Credit Score. Gross Revenue.

Small Businesses 75

Small Businesses Credit Scoring Credit and Collections Default 75

Know-It Global

SEPTEMBER 24, 2024

If they’ve ceased operations and left debts unpaid, you might struggle to recover your money, especially if there are no remaining assets or if the business owner declares bankruptcy. This means keeping an eye on key indicators like credit scores, payment histories, and any signs of financial distress. What can you do?

Bankruptcy 52

Bankruptcy Credit Scoring Deductions 52

tillful

FEBRUARY 14, 2023

You can opt to automate some of the steps with tools, such as: Business credit score/ financial health tracking : Tillful’s free business credit score service lets you log in at any time to get a snapshot of your business’s financial health. It also gives you free access to your Experian business credit score.

Credit Scoring 52

Credit Scoring Credit and Collections Deductions Transactions 52

Due

JUNE 15, 2023

Living beyond one’s means can lead to maxed-out credit cards, personal loans, and even bankruptcy. In 2020, there were over 544,000 bankruptcy filings in the United States, many of which stemmed from unmanageable debt. Include your net income (the amount you take home after taxes and deductions).

Bankruptcy 59

Bankruptcy Credit Scoring Deductions 59

Fundera

SEPTEMBER 7, 2016

It’s hard to quantify your character, but Wells Fargo does so with your personal credit score. And if you don’t have a personal credit history, Wells Fargo might consider any personal references, business experience, or work history as a substitute.). Bankruptcy. They’re hard to qualify for.

Small Businesses 59

Small Businesses Credit Scoring Bankruptcy Credit Reporting Agencies 59

Fundera

DECEMBER 7, 2017

And if your lack of working capital gets really bad, then it could lead to bankruptcy. A merchant cash advance is a quick, easy way to get a business cash advance with no need for collateral—even if you don’t have a great credit score. It’s important to catch low working capital before it gets out of hand.

Bankruptcy 59

Bankruptcy Invoice Amount Transactions Credit Scoring 59

tillful

MAY 4, 2023

Credit Fee $50 $2.69 $2.50 $2.50 $100 $2.69 $2.50 $2.50 $250 $4.63 $4.68 $4.95 $1,000 $18.50 $18.70 $19.80 $2,500 $46.25 $46.75 $49.50 $10,000 $185.00 $187.00 $198.00 As a result, they are tax deductible for business owners. Scoring algorithms look at the total amount of credit you have available compared to the amount you’ve used.

Credit and Collections 52

Credit and Collections Credit Card Payments Electronic Funds Transfer Credit Scoring 52

MNS Credit Management Group

SEPTEMBER 24, 2023

Because consumer debt is routinely reported to major credit bureaus like Equifax, Experian, and TransUnion, it may have an effect on a customer’s credit score. This thorough paperwork will also be useful if you choose to deduct bad debts from your taxes.

Debt Collections 52

Debt Collections Credit and Collections Collector Credit Management 52

Due

MARCH 3, 2023

These funds could be used to pay off a credit card debt or pad your savings. When a few dollars separate you from foreclosure or bankruptcy, every dollar counts. Your credit score is 579 or lower. In this case, additional credit is difficult to get at a reasonable interest rate as this is below the average.

Credit Scoring 105

Credit Scoring Bankruptcy Medical Billing Brokerages 105

Due

DECEMBER 14, 2022

Improve your credit score. Credit scores are a snapshot of your finances. Creditors look at your score as a sign of trustworthiness. If you’ve got a high credit score, you’re more likely to be able to handle your finances and repay debt; if you’ve got a low score, you’re more risky.

Credit Scoring 110

Credit Scoring Bankruptcy Deductions Transactions 110

Due

MARCH 3, 2023

These funds could be used to pay off a credit card debt or pad your savings. When a few dollars separate you from foreclosure or bankruptcy, every dollar counts. Your credit score is 579 or lower. In this case, additional credit is difficult to get at a reasonable interest rate as this is below the average.

Credit Scoring 64

Credit Scoring Bankruptcy Medical Billing Brokerages 64

Due

AUGUST 25, 2023

All federal student loans entail a one-time origination fee deducted from your loan funds. However, to qualify for this private refinance, they need a robust credit score, sufficient income to make the necessary payments and a solid track record of on-time loan payments.

Credit and Collections 52

Credit and Collections Credit Unions Bankruptcy Credit Scoring 52

Trade Credit & Liquidity Management

APRIL 16, 2025

Improve Credit Onboarding Automation and Controls: Provide a customizable credit application portal for new accounts that requires the documentation and an appropriate customer credit application to be completed fully and accurately prior to submission to the credit department. Consider a third-party service.

Supply Chain Risk Assessment 52

Supply Chain Risk Assessment Credit and Collections Bulk Transfer Cash Forecasting 52