Fundera

SEPTEMBER 20, 2018

What Is Business Bankruptcy? If you’re struggling to pay off business debts, filing for business bankruptcy might help. Business owners can file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, depending on the business’s debt levels and financial situation.

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Business Bankruptcy Bankruptcy Chapter 11 Chapter 7 74

Lendio

MAY 9, 2024

Whether you’ve gone through a personal or business bankruptcy, lenders will consider past bankruptcies when making a loan decision. This post will cover common questions about bankruptcy and how it impacts your loan application. Can you get a business loan after bankruptcy? Types of bankruptcy.

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Bankruptcy Chapter 11 Chapter 7 Business Bankruptcy 52

Fundera

AUGUST 26, 2018

The biggest consideration for card issuers is your personal credit score—if you’re responsible with your personal debt, as indicated by your credit history, you’re lower risk for a business credit card. After all, you are the one in control of your business’s finances. One drawback of this approach?

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Chapter 11 Bankruptcy Chapter 7 Credit Card Companies 65

Fundera

MAY 22, 2018

If you truly have no other options, a merchant cash advance will work, since many MCA providers accept bad credit. On the other hand, one of the benefits of a merchant cash advance is that it won’t hurt your credit history, either. There are three options when filing for business bankruptcy: chapter 11, 7, or 13.

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Bankruptcy Business Bankruptcy Chapter 11 Credit Scoring 40