Fundera

JUNE 13, 2018

No matter what industry you’re in, money is the great unifier among small business owners. And there are a few things every business owner needs to do in order to manage your money the right way—but nothing’s more important than separating your business and personal finances. Bookkeeping and Tax Headaches.

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Credit Scoring Credit and Collections Business Bankruptcy Bankruptcy 94

Fundera

AUGUST 26, 2018

Business credit cards are essential financing tools for both new and established business owners alike. When you’re just beginning, they can be your main financing lifeline and how you build your business credit. After all, you are the one in control of your business’s finances.

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Chapter 11 Bankruptcy Chapter 7 Credit Card Companies 65

Fundera

JANUARY 13, 2018

Small Business Administration loans, or SBA loans , are some of the most complicated loan products out there for small business owners—but they’re great if you can qualify. . As you might already know, the Small Business Administration does not administer loans themselves.

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Default Business Bankruptcy Small Businesses Bankruptcy 79

Fundera

MARCH 10, 2019

When you sign a personal guarantee, you authorize the lender to seize any of your personal assets to repay the loan, if business assets aren’t sufficient to cover loan payments. Small Business Administration loans, or SBA loans , are some of the most best loan products out there for small business owners.

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Default Credit and Collections Small Businesses Business Bankruptcy 74

Fundera

MAY 22, 2018

When it comes in the form of a small business loan , debt can be beneficial to keeping your business functioning and growing. But, as a small business owner, you’re likely also aware of the bad kind of debt, which can be debilitating to businesses and their individual owners.

Bankruptcy 40

Bankruptcy Business Bankruptcy Chapter 11 Credit Scoring 40

Fundera

JANUARY 13, 2018

Small Business Administration loans are some of the most complicated loan products out there for small business owners—but they’re great if you can qualify. As you might already know, the Small Business Administration does not administer loans themselves. Let’s explain how an SBA loan works.

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Default Business Bankruptcy Small Businesses Bankruptcy 52

Credibly

OCTOBER 31, 2023

Additionally, your lender can report the default to credit bureaus, which can have a negative impact on your credit score and you’ll likely be unable to get another business loan ever again. What happens if your business defaults on a loan? Doing this has an enormous impact on your credit score.

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Default Credit Scoring Credit and Collections Bankruptcy 40