CreditStrong for Business

AUGUST 21, 2024

The type of loan you get is determined by what the funds are used for, your business credit scores , and several other factors. With this government-backed funding, you’ll need to come prepared with excellent financials, a good credit score, and a solid business plan to qualify for higher loan amounts.

Credit Scoring 98

Credit Scoring Credit Unions Small Businesses Invoice Amount 98

Emagia

MARCH 15, 2024

Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent. How AI Empowers Real-time Credit Risk Management Up-to-date and quality data is crucial for precise and swifter credit decisions.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent. How AI Empowers Real-time Credit Risk Management Up-to-date and quality data is crucial for precise and swifter credit decisions.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Eagle Business Credit

MARCH 27, 2023

Bank Loan Criteria: Credit score Collateral Cash flow Time in business To mitigate this risk, banks have developed strict qualification standards for small business loans. These standards typically include requirements for credit score, collateral, cash flow, and time in business. Enter: invoice factoring.

Small Businesses 52

Small Businesses Credit Scoring Credit and Collections Invoice Amount 52

CreditStrong for Business

SEPTEMBER 13, 2024

The type of loan you get is determined by what the funds are used for, your business credit scores , and several other factors. With this government-backed funding, you’ll need to come prepared with excellent financials, a good credit score, and a solid business plan to qualify for higher loan amounts.

Credit Scoring 52

Credit Scoring Credit Unions Small Businesses Invoice Amount 52

Eagle Business Credit

MAY 5, 2023

Typical Bank Loan Criteria: Credit Score Financial Statements Business Plan Collateral Industry Experience Credit Score Requirement for Bank Loans One of the most important factors that banks consider when evaluating small business loan applications is the credit score of the business owner.

Small Businesses 40

Small Businesses Credit Scoring Credit and Collections Invoice Amount 40

Fundera

FEBRUARY 5, 2018

The real determining factor in what type of business an SBA loan is right for: business credit score. If the borrower defaults on payments, the lender can collect the collateral (the equipment purchased with the loaned funds) as repayment for the loan. What Type of Business Is a Business Line of Credit Best For?

Credit and Collections 61

Credit and Collections Credit Scoring Default Invoice Amount 61