Fri.Aug 23, 2024

article thumbnail

Former Presidents of Boilermakers International Union Indicted for $20M

Due

Two former presidents of the Boilermakers International Union have been involved in a $20M indictment. A federal grand jury in the state of Kansas indicted the former presidents alongside seven individuals from the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmith, Forgers and Helpers (Boilermakers Union). District Director Christiane Abendroth of the Department of Labor’s Office of Labor-Management Standards (OLMS) was stark in their review of the court proceedings.

98
article thumbnail

Business Credit Cards for Bad Credit: 5 Best Options for Small Businesses

Lendio

Okay, so you have bad credit or little credit history and you’re trying to open a business credit card account for your small business… Plenty of successful business owners have launched their companies with bad credit. Here, we take a look at the best business credit cards for bad credit—factoring in terms, rewards, fees, and availability. What is a “bad” credit score?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Role of Credit Management in Ensuring Business Longevity

Enterprise Recovery

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations. Let's explore how strategic credit management can propel your business toward sustained success and stability.

article thumbnail

What Is the Minimum Credit Score for the First Time Home Buyer?

CreditStrong for Business

While there is no universally accepted “minimum credit score” for buying a home, home buyers with a score below 620 will find it very hard to qualify for a mortgage. Each loan program and lender has its own accepted minimums. We’ll dive into many of those options below. What is the Minimum Credit Score for the First Time Home Buyer? There is no formal standard minimum credit score for buying a house using a conventional mortgage loan.

article thumbnail

Inbound Wire Transfers Are Now Free for North One Customers

NorthOne

We’re thrilled to share some exciting news that will make managing your finances even easier: Inbound wire transfers are now free for all North One customers. And the best part? There’s. The post Inbound Wire Transfers Are Now Free for North One Customers appeared first on North One Blog.

52
article thumbnail

The Minimum Credit Score for a VA Loan

CreditStrong for Business

The Department of Veterans Affairs (VA) offers many benefits to military service members. Prominent among them is the VA home loan, which is one of the ways the department promotes homeownership among veterans and their families. VA loans have advantages over other mortgage types, including a 0% down payment loan option with no mortgage insurance premium.

More Trending

article thumbnail

Can I Get a Car Loan with a Credit Score of 600?

CreditStrong for Business

You can get an auto loan with a credit score of 600. You will pay a higher interest rate than a borrower with excellent credit, but you will still be approved. Many car lenders classify a borrower with a 600 credit score and below as “subprime” and a borrower with a score of 601 or above as “non-prime”. Getting on the upper side of that line can make a big difference.

article thumbnail

Unpacking the impact of summer break

Due

The familiar phrase “school’s out for summer” often brings about student cheers and sighs of relief from teachers. It marks the end of an academic year and the start of a period of relaxation, exploration, and freedom. However, the implications of this annual tradition are far more profound than they initially appear. This article delves into the multifaceted impact of summer break on education, students, teachers, and society at large.

52
article thumbnail

How Business Credit Reports Work

CreditStrong for Business

A good business credit report can be a valuable asset. Keep reading to learn more about how business credit reports work, who creates them, and the information included in these important but poorly understood reports. What Is a Business Credit Report? A business credit report is a summary containing a variety of important information about your company — especially how your business manages its financial obligations.

article thumbnail

Balancing excitement and expenses during back-to-school

Due

The back-to-school season is a time of excitement and anticipation for children and parents alike. The thrill of new beginnings, the joy of reconnecting with friends, and the promise of new learning opportunities are all part of this special time. However, this season also brings with it the financial burden of purchasing school supplies, clothing, and other necessities.

52
article thumbnail

How to Get a Business Credit Card

CreditStrong for Business

Small business owners looking for a way to finance and organize purchases will want to know how to get a business credit card. In addition to having the application information ready in advance, you’ll want to know how both personal credit and business credit scores are considered for approval. Business Credit Card Requirements: Legal Name of the Business and its Contact Information When filling out a small business credit card application, the first thing they may ask is the business name.

article thumbnail

Tech-Savvy Retirement Planning: Which Tech Tools Will Really Increase Your Savings?

Due

Planning for retirement requires understanding shifting trends and taking advantage of the tools available. Many worry about having enough money to retire and enjoy their golden years. Some tech tools will increase your savings and make decisions more intuitive. Using tech tools to plan your retirement means you can meet with advisors anywhere without traveling to them.

article thumbnail

How to Build Business Credit with Bad Personal Credit

CreditStrong for Business

It’s a good idea to build business credit that’s separate from your personal credit profile. But there’s a catch. Business lenders may want to review your personal credit report and score when you apply for business financing. Unfortunately, this common practice can be problematic if you have bad personal credit. The good news is that it’s still possible to build business credit with bad personal credit.

article thumbnail

BREAKING: Judge Isgur Says $250M Incora/Wesco Uptier New Money Claim Not 2026 Secured Notes Claim Under July 10 Decision

Reorg Blog

The post BREAKING: Judge Isgur Says $250M Incora/Wesco Uptier New Money Claim Not 2026 Secured Notes Claim Under July 10 Decision appeared first on Reorg.

52
article thumbnail

Aggressive Terms Spotlight

Reorg Blog

High-yield bond offerings reviewed by Americas Covenants in July showed an increase in deals with a net short holder provision.

52