Fri.Jul 19, 2024

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Is A Small Business Loan Secured Or Unsecured?

Lendio

A small business loan can be secured or unsecured. A secured loan is backed by collateral like property, equipment, or other business assets of value. An unsecured loan is based on creditworthiness alone and leaves a lender unprotected if the loan is not repaid. Learn more about secured vs unsecured business loans below to decide which option is right for you.

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Unlock the Power of BigCommerce Customer API for Personalized Shopping Experiences

Grit

Personalized shopping experiences have become a cornerstone of success in today’s competitive eCommerce landscape. Leveraging technology like the BigCommerce Customer API allows businesses to tailor their customer interactions meaningfully, enhancing engagement, driving sales, and fostering loyalty. This blog explores how you can harness the potential of BigCommerce Customer API to deliver personalized shopping experiences that resonate with your customers.

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Denver’s DaVita Inc. at the center of kickback allegations

Due

DaVita Inc., based in Denver, Colorado, is at the center of allegations that it was mired in a kickback saga. The United States government alleged that DaVita Inc. (DaVita) used its position as a core part of the medical world to solicit and demand improper financial arrangements and referrals. “Medicare patients should be able to trust their healthcare providers not to pay illegal kickbacks to induce referrals,” said Acting U.S.

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Does Checking Your Credit Score Lower It?

CreditStrong for Business

The short answer is that no, checking your own credit score does not lower it. Checking your credit score is treated as a soft credit inquiry that will not harm your credit rating. Periodically checking your credit bureau reports and/or score is a good practice for managing personal finances to gauge progress or detect potential errors or fraudulent activity.

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Exploring the dynamics of quick desires vs. building wealth

Due

The pursuit of wealth often takes center stage in human desires and aspirations. The allure of affluence and the power it wields over individuals is a fascinating subject that has been explored extensively in literature, music, and popular culture. Here, we delve into the intriguing dynamics of desire and wealth. The allure of wealth She was “hot for the money” paints a vivid picture of a woman consumed by the desire for wealth.

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How Much Will a Car Loan Drop My Credit Score?

CreditStrong for Business

A new car loan will likely result in a small, temporary drop in your credit score stemming from lender credit inquiries, having a recently opened new credit account, and the resulting greater overall debt load. This decrease can be offset after you begin making monthly payments. The slight decline in your credit score is unlikely to have any major ramifications unless your score is on the fringes of being average, good, or excellent and you plan on financing another major purchase in the next se

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Does Transferring a Car Loan Affect Your Credit Score?

CreditStrong for Business

Many people use car loans to purchase a new car. You get a bill each month and have to make a monthly payment to keep your car. If you run into financial trouble, you might have problems making your car payment. If this happens, you might want to transfer your car loan to someone else as part of selling your car or trading it in for another vehicle.

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SBA Loan Credit Score Requirements And Other Standards To Meet

CreditStrong for Business

There is a wide range of SBA loans available based on your industry and what you’re planning to do with the money. It’s important to note that you’ll need more than personal credit to qualify for an SBA loan. That doesn’t mean that you can have bad credit on the personal side though. For some loan options, the Small Business Administration uses the FICO Small Business Scoring Service (SBSS).

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Business Credit Cards for Low Credit Scores

CreditStrong for Business

Business credit cards have perks that consumer credit cards don’t have. This list features top business credit cards for low credit scores that let you apply online and get almost instant approval results. The Best Business Credit Cards for Bad Credit While many small business owners use their personal credit cards when first starting, there may be a need to eventually upgrade to a business credit card account.